Accumulate all expense and revenue records throughout the month and turn them into a profit-and-loss statement, also called a financial statement or a statement of earnings. Gather carrier ...

Henry Ford once said, "A business that makes nothing but money is a poor business." People over profit is an ethical business philosophy that emphasizes the employees—their welfare and emotional ...

The equation for working out gross profit: Revenue – Cost of sales = Gross profit Expenses (overheads) – these are the costs that do not change as production increases or decreases.