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Gross Profit & Net Profit: What Is The Difference?

by Serena Reza | Business, Business growth, Business performance, Financial Planning, Money, Profit

  Making as many sales as possible is the goal of every business. Whichever service you offer to your customers, that is going to be what you’re aiming for. However, what really lies behind a successful business story is the profit generated from these sales. In...

What Is Operating Profit?

by Serena Reza | Break even, Budgeting, Business, Business growth, Profit

  Business is all about making a profit, isn’t it? But in accounting, there are several terms used to express different kinds of profit. Ultimately, what should interest you is your operating profit. There are multiple names for operating profit. You might hear...

How To Price Your Products

by Serena Reza | Business planning, business success, Money, Not for Profit, Profit

  Are you sure that you’ve priced your products well? Or maybe you’re at the beginning of your business journey and you’re wondering what the best way to do it is. This blog will teach you how to price your products based on different pricing strategies so that...

Profit In Business

by Serena Reza | Budgeting, Business, Business growth, Business performance, business success, Financial Planning, Money, Profit

What is profit? We can define profit as “a financial gain, the difference between the amount earned and the amount spent”.  Making a profit is essential for any business. There are several important elements that make up your business story – some more important...

What Is Break Even In Business?

by Serena Reza | Break even, Budgeting, Business, business advice, Business growth, Business performance, Business planning, business success, Business survival, Profit

  To understand break even, you first need to know the components involved with business activity. But how do you find out what your business requires to break even? What is break even in business? Your business breaks even when your sales cover all your costs...

How To Use Your Financial Plan Effectively

by Serena Reza | Business, business advice, Business performance, Business planning, business success, Financial Planning, Profit

  Creating and following a financial plan (your financial story) is an important step to taking control of your finances. If you’re like most business owners, you know that it’s important to have a financial plan in place. But do you know how to...
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