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 ...

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

A statement of shareholder equity can tell you if your business is doing well or if it's time to fine-tune some of your ...

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

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

Learn how to tell if your business could be facing a cash crunch—and what to do about it ...

One of this era’s key questions in economics and finance has been - will the USD maintain its reserve status, and what does it mean if it loses this status? Read more here.

The Guyana Extractive Industries Transparency Initiative (GEITI) recently released its 2023 annual report which was compiled by the Independent ...

Families in Nigeria are devastated by rising medical negligence. Learn about the systemic failures, weak oversight, and the ...