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hi everyone have you ever needed to make a decision in your business to see whether the cost of something outweighs the benefits of something or if youamp;#39;re going to get enough benefits out of something to justify the cost well one of the best ways to look at that is with cost benefit analysis and thatamp;#39;s where we take all the costs of a project or buying product or stock for our business and we weigh that against all the sales or the benefits that weamp;#39;ll get out of that project all those products all those things that you will sell and when we weigh those together we get a nice little ratio that says we have a cost to benefit ratio of one two you know to three or one to ten maybe weamp;#39;ve got 10 times the benefit and thatamp;#39;s really really good or maybe itamp;#39;s the other way around maybe weamp;#39;ve got more costs than we have benefits and thatamp;#39;s really good to know as well so this excel spreadsheet does all of the calculations for
