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...
profit and loss articles
Understanding Your Financial Statements: Cash Flow, Profit and Balance Sheet
About this episode Your financial statements tell the story of your business. The words in that story are numbers, and understanding what they mean gives us more clarity, control, and confidence. In this episode, we explain the key financial statements every business...
Financial Statements explained
Financial Statements explained is this weeks video, understanding them is a big deal. Above all the financial statements form the bedrock of any company. Therefore understanding them and how they work gives you insight and clarity. In this video I'll talk you through...
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...