2min chapter

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Fixing a Broken Business

CFO Bookshelf

CHAPTER

Broken Piano Income Statement - What Is a Broken Piano?

A base piano income statement is unprofitable, which tells you there's something wrong with it. M and the broken penal really gets down to your model. What's the cost to produce it? What what cost are you selling at? For me, it's usually ablow the top line. It's a cost structure. And it's, quite frankly, its usually gross profit margin. The courage to price properly or drive your business on in a cost efficient manner.

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