Posts Tagged: metrics

What Is Net Profit?
Posted by

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 Are Direct Costs? COGS Definition
Posted by

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.

What Metrics to Track (and What Not to Track)
Posted by

What Metrics to Track (and What Not to Track)

Business owners who succeed in meeting their goals have one common thread: They all track their progress toward their goals. Here are the metrics and data you should track to realistically measure performance, and what you can safely ignore.

What Is a Balance Sheet, and How Do You Read It?
Posted by

What Is a Balance Sheet, and How Do You Read It?

Does the idea of reading your balance sheet leave you feeling decidedly unbalanced? The balance sheet is the most misunderstood financial statement—which is problematic because it is also one of the most useful. Here’s how to read it.

Understanding Your Cash Flow Statement
Posted by

Understanding Your Cash Flow Statement

Cash is the lifeblood of every business. Run out of cash, and you’re dead in the water. Here’s how to understand your cash flow statement, and keep your business alive.