Question and answer follow-up to ‘Ep 3: Magic of Contribution Margin’ explores common viewer and listener questions.

To get the most from this presentation, it is recommended tohave viewed or listened to ‘Ep 3: Magic of Contribution Margin’ first, which discussed how to accurately calculate contribution margin, break-even and profitability, from individual products and promotions to the entire business.

TIMESTAMPS:

(0:00)  Start & Disclaimer!

(1:09)  Introduction!

(1:58)  Is Contribution Margin The Same As Gross Profit?

(5:01)  Can Contribution Margin Be Used At Scale?

(5:55)  Can Contribution Margin Be Used For Service Businesses?

(8:38)  Why Did Formulas For Contribution Margin $ Sometimes Change?

(11:44)  Why Did Formulas For Contribution Margin % Sometimes Change?

(14:32)  How Do We Compare Product Sales At Different Price Points?

(19:09)  How Easy Is It To Substitute Sales Figures In Profitability Calculations?

(22:31)  How Easy Is It To Substitute Sales And Contribution Margin Figures In Profitability Calculations?   

(27:33)  What Sort Of Businesses Is The Break-Even & Profit Calculator Designed For?

(29:09)  Can We Get The Presentations Out Quicker & What Is The Schedule?

(29:48)  Wrap-Up & Questions!

Check us out at: www.fmssupportservices.com.au

Contact us at: [email protected]  

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Franchise industry executive and consultant Shaun Butcher explores the power and magic of using Contribution Margin to understand and accurately calculate break-even and profitability, from individual products and promotions to the entire business.

A must for any business owner, manager, decision maker or support person who does not already utilise Contribution Margin calculations.

TIMESTAMPS:

(0:00) Start

(0:11) Disclaimer & Introduction

(5:49) Bad Maths In Action

(13:30) Correcting The Maths

(18:03) Contribution Margin Definition

(18:35) Why Contribution Margin Is Important

(22:00) Classifying Fixed & Variable Costs

(28:47) Contribution Margin Uses

(30:36) Calculate Contribution Margin On Products/Services

(36:02) What This Calculation Means

(37:07) Common Errors Calculating Contribution Margin

(40:33) Use Contribution Margin To Calculate Break-Even

(46:53) Calculate Beak-Even Using Contribution Margin With Anticipated Costs

(50:43) Calculate Anticipated Profitability At Any Sales Level

(54:18) Calculate The Number Of Units Required To Be Sold to Break-Even

(58:07) Free Calculator Available

(1:05:33) Wrap-Up & Questions

Check us out at: www.fmssupportservices.com.au

Contact us at: [email protected]

Follow us on Facebook: www.facebook.com/profile.php?id=61562852799935

Follow us on LinkedIn: www.linkedin.com/company/76260689

Question and answer follow-up to ‘Ep 1: Franchise Buyer Beware’ explores common viewer and listener questions.

To get the most from this presentation it is recommended to have viewed or listened to ‘Ep 1: Franchise Buyer Beware’ first, which exposed the tricks, traps and misunderstandings that ruin Franchisees and that unscrupulous Franchisors exploit.

TIMESTAMPS:

(0:00)  Start!

(0:12)  Disclaimer & Introduction!

(2:13)  Should I Buy A Franchise?

(2:53)  What Are Some Good Franchises To Buy?

(3:37)  How Do Some Franchisors Keep Finding New Franchisees?

(5:27)  Why Do So Many Franchisors Have Ethics Problems?

(8:31)  Which Franchisors Were Discussed?

(9:39)  Will The New Franchising Code Make Much Difference?

(11:36)  Why Are So Many Franchisees Paying Staff Cash In Hand?

(14:53)  Podcasting Technical Feedback!

(18:19)  Do You Consider You’re Biting The Hand That Feeds You?

(20:41)  The Insults!

(21:05)  Wrap-Up & Questions!

Check us out at:  www.fmssupportservices.com.au  

Contact us at: [email protected]  

Follow us on Facebook:  www.facebook.com/profile.php?id=61562852799935 

Follow us on LinkedIn:  www.linkedin.com/company/76260689

Franchise industry executive and consultant Shaun Butcher exposes the tricks, traps and misunderstandings that ruin Franchisees and that unscrupulous Franchisors exploit.

A must watch video for anybody considering buying a franchise or working in the franchising industry.

TIMESTAMPS:

(0:00) Start!

(0:16) Disclaimer & Introduction!

(7:37) What Is Franchising?

(9:32) Pros & Cons Of Franchising!

(19:57) The Standard Advice!

(34:12) Who Are You Placing Your Trust In?

(1:08:10) Are You Being Sold A Dream Or A Nightmare?

(1:24:57) Is Profitability Being Misrepresented?

(1:58:22) What Are You Guaranteeing?

(2:05:07) Are You Going To Be Gouged On Supply Chain?

(2:13:43) What Is It Really Going To Cost You In Fees?

(2:31:10) Is The Marketing Fund Going To Generate A Return Or Simply Indulge Head Office?

(2:59:42) Who Holds The Lease?

(3:23:02) Will Refit Clauses Erode Profit You Made During Your Term?

(3:34:56) Is There Support For An Exit Strategy?

(3:51:21) Wrap-Up & Questions!

Check us out at: www.fmssupportservices.com.au

Contact us at: [email protected]

Follow us on Facebook: www.facebook.com/profile.php?id=61562852799935

Follow us on LinkedIn: www.linkedin.com/company/76260689