Learn about gross, operating, and net profit margins, how each is calculated, and how businesses and investors can use them ...

A profit and loss statement, also called an income statement, lists the revenues and expenses of a business during a given period and give a restaurant owner the bottom line on whether it is making ...

Mike Anderson says labor gross profit only makes sense when shops understand how employee costs are reflected in their P&L.

Editor’s Note: This post is focused on helping you understand profit and loss statements. This financial statement is used by most small business owners to help assess business profits and losses ...

Maximizing profit is a goal for all businesses if they aim to keep their doors open, but there are circumstances when even a profitable business might shut down. Different measures of profit are used ...

Discover how gross profit and operating income differ and why both are crucial in assessing a company’s financial health. Get ...