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80% margin means that when you make a sale, 80% of what you get is gross profit. Margin is the percentage between your profits and what you're selling something for. A solid margin dances above 80%. Here is how you do it: Subtract your cost from the selling price – there's your profit. Take that profit, divide by the selling price, and boom – your margin. If you want some help calculating this, or you want my worksheet that I use in my business, DM me the word 'margin' and I'll send it over.
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