EM3515 - Recalculating Profits: Business Models: Other Types of Model

A Gross Profit Rate calculation is only one basis for a business model, which is particularly suited to retailing trades. Whatever goes into a business can be used, providing there are reasonably accurate figures for the amount put in and the selling prices of goods or services.

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(This content has been withheld because of exemptions in the Freedom of Information Act 2000)