How it works
Margin % = (price − cost) ÷ price × 100. Markup % = (price − cost) ÷ cost × 100. Break-even units = fixed costs ÷ (price − cost). A $40 item sold at $100 has a 60% margin but a 150% markup.
Who it's for
Profit margin for products, restaurants and dropshipping. Restaurant profit margin: include ingredients and portion waste in cost. Products: include packaging and inbound freight. Dropshipping: include supplier price, shipping and payment/app fees in cost.
FAQ
What is the difference between margin and markup? Margin is profit as a share of the selling price. Markup is profit as a share of cost. The same sale always shows a higher markup than margin. How do I find a price from a target margin? Divide cost by (1 minus the margin as a decimal). For a 60% margin on a $40 cost: 40 ÷ 0.4 = $100.
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Bookkeeping Services FAQs
What are bookkeeping services for small businesses?
Bookkeeping services keep your day-to-day financial records accurate—categorizing transactions, reconciling accounts, and preparing clean books so you can see cash flow and make decisions with confidence.
Who is this for?
U.S. small businesses that want reliable monthly bookkeeping and clear books without hiring a full-time in-house bookkeeper. Deep cleanup for QuickBooks Users is available separately when your books need a catch-up.
What’s included in monthly bookkeeping?
Transaction categorization, bank and credit-card reconciliation, and organized books ready for review.
How is pricing structured?
Monthly Bookkeeping is $499/mo, Support for QuickBooks Users is $149.99/mo, Cleanup for QuickBooks Users is $1,999 fixed one-time, and Catch-up Bookkeeping starts from $799.99 one-time. Final scope is confirmed on a free consultation.
Do you use QuickBooks?
Yes—work is for QuickBooks® users. Cleanup and ongoing bookkeeping can connect to your QuickBooks Online file when that is the right fit. LiveFixPro is independent and not endorsed by Intuit Inc.
How do we get started?
Book a free consultation on our calendar. We’ll confirm scope, access needs, and the right package before work begins: Book a free consultation
QuickBooks® is a registered trademark of Intuit Inc. LiveFixPro is independent and not endorsed by Intuit.