Profit and net income are found on your company's income statement. Learn the difference between these financial terms and what they mean for your company.

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 ...

Gross income is the total of all income you receive before taxes. It’s also called pre-tax income. Net income is your income after taxes (or take-home pay). Your gross income figure will always be ...

Discover effective strategies to enhance your company's net profit margin by increasing sales revenue and reducing ...