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What Is Net Profit?
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What Is Net Profit?

Net profit is the proverbial bottom line of your business. This guide will show you how to calculate your net profit, and what you should know about how it impacts your business overall.

What Is Accounts Receivable?
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What Is Accounts Receivable?

Accounts receivable is money that is owed to you by your customers for products or services that you have sold. Find out why AR is important, and how to track it.

What Are Direct Costs? COGS Definition
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What Are Direct Costs? COGS Definition

Direct costs (also known as costs of goods sold—COGS) are the costs that can be completely attributed to the production of a specific product or service. Here’s why this is important for growing and running your business.