Bossit
markup ⇄ margin, sorted
Answer two quick questions and we'll work out your price — and what it means as markup vs margin.
What did it cost you to buy or make?
How much extra do you want to add on top?
You should sell this for
$33.60
40.0%
28.6%
Markup is what you add on top of your cost — a 40% markup on $24.00 adds $9.60.
Margin is the slice of the price you keep — that same $9.60 is 28.6% of $33.60.
Handy trick: a 50% markup is only a 33% margin — that gap trips up plenty of good businesses.
Not sure what your margin should be?
Build your full money picture in our Cashflow Navigator.
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