by admin | Jan 20, 2017 | Business By The Books
How Can Reducing Overhead Boost My Bottom Line? Some expenses, such as wages, may be either a direct cost or overhead. For instance, in a manufacturing business plant worker wages would be listed under “Cost of Goods Sold” as a direct cost on the Profit and Loss...
by admin | Jan 9, 2017 | Business By The Books
Increasing Gross Profit Increases Your Bottom Line What is Gross Profit? Gross profit is a company’s total revenue (aka total sales) minus the cost of goods sold. This is the profit a company makes after deducting the costs associated with making and/or selling its...
