Checkout this video that talks about the difference between Margin and Markup. No experience in financial concepts required!
In this video, learn the difference between the markup and margin method of embedding profit in the architectural service fee. These concepts are in the Architect's Handbook of Professional Practice in Ch. 7 Financial Management. Additional concepts covered in the context of the video include GROSS REVENUE, EXPENSES, COST, GROSS PROFIT and NET PROFIT.
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Your teacher who is busy inventing shoes, buildings & spaceships & everything in between, Sarah
Disclaimer: I'm on my own path of architecture licensure and at the time of filming this video, NOT a licensed architect. The ideas presented in this video are for entertainment purposes only. The ideas in this video shall not be construed as professional legal, financial, architectural, NCARB, ARE Exam advice etc. The ideas are MY OWN opinions of methods that help me study for the exams.
Негізгі бет Margin or Markup BETTER?...😎😎
Пікірлер: 7