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hi everyone today letamp;#39;s dive into understanding profit margin strategically net profit margin includes all expenses to show profit while gross profit margin reflects earnings after production costs both are crucial indicators for assessing a companyamp;#39;s Financial Health and guiding strategic decision-making in business operations and management when steering your company through Market challenges there are two important numbers to keep in mind your gross profit margin and your net profit margin from carefully managing costs to enhancing efficiency companies use different strategies to boost profits letamp;#39;s explore some simple yet effective strategies first is cost control by closely managing expenses and streamlining operations businesses can free up capital for example they can Implement energy saving initiatives to lower utility bills second value addition enhancing quality or offering additional features can justify higher prices and attract more customers for ex