1. Calculating profit margins and setting prices for products or services
2. Creating financial projections and budgets
3. Analyzing market trends and data to make informed business decisions
4. Calculating return on investment for business investments
5. Managing inventory levels and predicting demand
6. Analyzing cash flow and financial statements
7. Conducting market research and analyzing customer demographics
8. Developing pricing strategies and discounts
9. Calculating sales forecasts and setting sales goals
10. Analyzing profitability of different product lines or services.
List ways an entrepreneur (business owner) uses math skills?
1 answer