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Why an Understanding of Fixed Vs Variable Costs Is Important for Small Business Profitability

Posted By ronika on Business - Being able to distinguish between fixed and variable costs is key to better financial insights into your business and can influence how you determine pricing, help you understand how much you need to sell to start turning a profit and contribute to better cash flow reporting. Additionally it can actually be quite interesting and easy to grasp once you are able to see how it applies to your business.

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