Whatever you have left in your bank account after paying business expenses is your profit, and it's distributed to shareholders and owners, or it goes back into the company. Your profitability is your business' ability to generate that profit – an important metric in terms of the value of the company. Our content can help explain more, so please read on...
Creating a Business Budget That Really Works
— Read More — Creating a Business Budget That Really WorksCreating a Business Budget That Really Works
Simon Bacher, CEO of ed-tech app Ling, talks about the budgeting methods he used to launch Ling into the app store - and keep it there
A Guide to Increasing Your Business's Prices
— Read More — A Guide to Increasing Your Business's PricesA Guide to Increasing Your Business's Prices
Our guide takes you through the steps of increasing your business's prices without negatively affecting your customers.
10 Restaurant Sales Techniques to Boost Profits
— Read More — 10 Restaurant Sales Techniques to Boost Profits10 Restaurant Sales Techniques to Boost Profits
Encouraging your staff to upsell to customers can play a big role in boosting your restaurant profits. Here are 10 upselling techniques proven to work.
Common Financial Pitfalls & How to Avoid Them
— Read More — Common Financial Pitfalls & How to Avoid ThemCommon Financial Pitfalls & How to Avoid Them
Chris Woodard, Co-Founder of Handle.com, explores some of the biggest financial mistakes that new business owners make and how to avoid them
How to Increase Profits Without Increasing Sales
— Read More — How to Increase Profits Without Increasing SalesHow to Increase Profits Without Increasing Sales
Mark Tighe of specialist tax relief consultancy Catax explores how businesses can generate revenue from existing assets, both physical and intellectual, with a focus on tax breaks
How SMEs Can Overcome Financial Restraint
— Read More — How SMEs Can Overcome Financial RestraintHow SMEs Can Overcome Financial Restraint
Real Business Rescue’s Keith Tully explores some of the most common financial issues you might have to deal with as a business owner and how to overcome them
The Difference Between Gross Profit and Net Profit
— Read More — The Difference Between Gross Profit and Net ProfitThe Difference Between Gross Profit and Net Profit
Entrepreneurs often forget the difference between gross and net profit when filing their accounts or pitching for investment. Elizabeth Page explains how to calculate both for your income statement
Why Not to Get Into a Price War With a Competitor
— Read More — Why Not to Get Into a Price War With a CompetitorWhy Not to Get Into a Price War With a Competitor
Sensible pricing is essential for business – but price wars can be disastrous, and usually mean that everybody loses.
Here’s What to do When You’re Not Making a Profit
— Read More — Here’s What to do When You’re Not Making a ProfitHere’s What to do When You’re Not Making a Profit
Don't panic if you stop making a profit. It happens to every business at some point, and by following these simple steps you can quickly turn things around
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