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Gross Profit and Net Profit

Gross Profit and Net Profit

Gross and Net Profit In our last blog we looked at profit and saw that it is more Important than Sales. This week we will go one step further and look at two types of profit, Gross profit and Net Profit.  These are profits you would typically encounter in your...
Profit-important as sales

Profit-important as sales

One of the main reasons that businesses go under is because of the confusion between cash and profit. Which is more important? What really keeps the business going? Well, Profit is More Important than Sales Here’s an easy way to look at it. Serena decides to sell...
Make money in your business

Make money in your business

Above all, a business is there to make money.  It’s your primary responsibility.  Money means profit. It doesn’t make any difference whether your business is a private business, social enterprise or charity.  Some headline reasons for making profits include: No...