Marcus Lemonis, renowned as the star of CNBC’s The Profit, presents a powerful resource that is sure to empower entrepreneurs like yourself: the “Know Your Numbers!” business tool.
This comprehensive tool is designed with user-friendly features that allow you to take full control of your business operations. Its accurate calculations cover crucial aspects such as cost, margin/markup, price, and commission. With the latest release, you can now make use of a break-even calculator to determine the number of additional product sales required for your profits to break even when running promotions.
- Contains 6 Functional Calculators (Cost, Margin/Markup, Price, Commission, Break-Even, Standard Calculator)
- Easy toggling between margin and markup
- Seamlessly imports results from the new Standard Calculator to the Cost field
- Roll calculation function lets you add multiple margin and markups to the Price
Notably, Marcus Lemonis himself relies on this app for his calculations, as evidenced by his use of it in episodes of CNBC’s The Profit. This straightforward yet potent business tool is designed to guide and assist you in reaching your business objectives.
Overview
Cost Margin Calculator is a Freeware software in the category Business developed by Renowne, LLC.
The latest version of Cost Margin Calculator is 4.0.3, released on 01/17/2024. It was initially added to our database on 01/17/2024.
Cost Margin Calculator runs on the following operating systems: iOS.
Users of Cost Margin Calculator gave it a rating of 4 out of 5 stars.
Pros
- Easy to use interface with clear input fields and calculation results
- Ability to calculate profit margin percentage based on input cost and selling price
- Includes option to add additional expenses to accurately calculate profit margin
- Available on multiple platforms including web, iOS, and Android for convenience
- Provides quick and accurate results to help with business decision making
Cons
- May not offer advanced features or customization options compared to more robust accounting software
- May lack integration capabilities with other accounting tools or platforms
- Might not cater to complex pricing structures or multi-tiered cost calculations
- Potential limitations in handling large amounts of data or intricate financial analysis
- Could have limited customer support or resources for troubleshooting issues
Screenshots (Click to view larger)
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