The Profit Pie: 70% Profit Margin Doesn't Pay the Rent (2 of 3)
Farm Small Farm Smart
In Part 1, we built the Profit Pie, the framework for how much you keep on every bed. Here's what it doesn't tell you: a 70% margin on a bed doesn't pay the rent. Margin is how much you keep per bed. Income is margin times volume. Get one wrong and the whole thing falls apart.
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