Thursday, November 19, 2009

Revenue Tracking

As business owners, new products come up and should be tracked for profitablity. A chapter in my book demostrates a method used to track the revenue produced by a division or a product.

In this picture, the owner may want track the sales of the various tire brands sold in his business. While tracking revenue, the costs will also be followed to record the appropriate expenses involved in the purchase of the various tire brands.

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