This process gives you a clear view of how much

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5. Calculate the subtotal by product Once you have your sales record data sorted by category, add up all the subtotals to calculate your total revenue. Example : T-shirts: $1,600. Pants: $2,000. Accessories: $450. Grand subtotal : $1,600 + $2,000 + $450 = $4,050. 6. Add the subtotals to get total sales Finally, add all the subtotals of the products or services sold. This result will be the total income generated by your business during the period analyzed. Example : If the grand subtotal is $4,050, that will be your total sales amount for the period.



Formula to calculate total sales russia phone number list The formula is simple: Total sales = Quantity sold × Price per unit For example : if you sold 150 units of a product at $40 each: 150 × $40 = $6,000 you are generating and allows you to identify potential areas for improvement or growth. Steps to get total sales How to know if your total sales were good or bad I remember when I looked at my first sales figures: I was excited because it looked like business was going well, but I wasn’t sure if those numbers were actually good or just good enough.



That’s when I learned that it’s all about adding up revenue, comparing it to costs, and analyzing the context to get a clearer picture. Here I show you how to identify if your total sales are at the right level: How to identify if total sales are good for your business? A good total sales figure depends on several factors: the size of your company, your sector and your objectives. For example : if your business generates $50,000 a month and your expenses are $30,000, you are achieving a positive margin, which is a good indicator.