A profit and loss statement summarizes a business’s revenue and expenses. Learn how to use a profit and loss statement to ...

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.

Understanding the difference between revenue and profit is essential in understanding basic and complicated economics. Even if you don’t know exactly what these terms mean, you’ve heard the words in ...

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 ...

Neil Shah has been a non-profit CFO at various organizations for almost 20 years. He is currently the CFO at Achievement First. Cash flow management is critical for the sustainability and success of ...