Understanding Profit

2022-10-05T08:58:27+00:00July 12th, 2022|Accounting|

Getting things right with your business jargon can be hard... So why not come up with some easy-to-remember acronyms? Let's just explain the difference between Gross and Net profits step by step. What is Gross Profit? This is a measure of profit calculated when you deduct direct costs (also known [...]