Finance | Community Clubs Victoria

Managing Margins and Costs

Clubs cannot afford to just absorb cost increases and put off price adjustments without regular monitoring of GP margins and profitability performance reviews. Club operations are subject to a range of ever changing costs affecting food, beverage and energy costs to...

Calculating Gross Profit

Reviewing your profit margins regularly is good practice.   Clubs need to be mindful of products gross profit (GP) margins and can utilise the following formula to calculate the GP percentages: Gross Profit Margin = (Retail price – Cost price ) X 100%  Retail...