What does ROI mean in business?
ROI stands for Return on Investment. It's a measure used to evaluate the efficiency of an investment.
How do I calculate ROI?
To calculate ROI, subtract the initial investment cost from the final value of the investment, then divide by the initial cost and multiply by 100.
What does a positive ROI indicate?
A positive ROI indicates that the investment has generated more profit than its cost, which is a good sign.
Can you explain how to interpret different ROI percentages?
Sure! A higher ROI percentage means a more profitable investment. Generally, an ROI above 10% is considered good.
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