Paying attention to manufacturing costs is a necessity, no matter the size of your business, but for smaller enterprises that have lower cash reserves, carefully monitoring the production expenses is ...

Net profit is the money a business earns in a particular period from selling its products after paying all of its expenses. (While it's important to look at your small business's overall net profit ...

Calculating the cost of goods sold gives a business insight into its performance and helps calculate profit. Many, or all, of the products featured on this page are from our advertising partners who ...

Gross margin is a top line item in a company's income statement measuring profitability after production costs have been deducted. Gross margin is the amount of money left over after subtracting the ...

Start by working out the total cost of producing or buying one unit of your product. This includes direct costs such as raw ...

Nick has seven years of experience in the home improvement industry. He started his career marketing for dozens of flooring providers and related home services across North America. Today, he is a ...