Posted by Peggy on October 23, 2000 at 04:01:26:
Is there a formula of sorts to determine the profit/loss factor for wholesale shows. I'm sure it depends on a lot of factors such as profit margin on particular pieces. My profit margin varies quite a bit from piece to piece and I've racked my brain to try and figure out what is really happening.
Lets say it costs 4,000 to do a wholesale show. How do I determine what my sales need to be to make a profit (or break even), and, how do I determine what that profit is?
My mind is boggled. Thanks for any help!