video1.0<iframe src="https://www.loom.com/embed/01c26be3a3c94668a379aa68fb724073" frameborder="0" width="1728" height="1296" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>12961728Loomhttps://www.loom.com12961728https://cdn.loom.com/sessions/thumbnails/01c26be3a3c94668a379aa68fb724073-d614bcfc43117c5e.jpg389.626In this video tutorial, I walk you through how to effectively use the Profit Calculator to identify cost drainers in your business and understand your contribution margin. I emphasize the importance of being honest with your numbers to gain valuable insights, as the contribution margin can reveal hidden variable costs that significantly impact your profitability. For instance, if you sell something for £100, after all costs, you might only be left with 87p to cover your fixed overheads. I encourage you to take your time with the calculator and explore different scenarios to see what works best for your business. Additionally, I invite you to claim a free audit for a deeper analysis of your figures and to uncover opportunities for improvement.