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profit and loss articles

Understanding operating profit

Understanding operating profit

Understanding operating profits helps you make better and informed business decisions.  If you are serious about business, then it's important to understand key financial concepts like operating profit. Small businesses, arts organisations and social enterprises can...

What Is Profit? Gross Profit and Net Profit Explained

What Is Profit? Gross Profit and Net Profit Explained

About this episode What is profit, and why does it matter beyond sales? Sales can feel exciting. A new customer, a paid invoice, or a busy week can make a business look healthy from the outside. However, sales alone do not tell the full story. We look at profit in...