A profit and loss statement summarizes a business’s revenue and expenses. Learn how to use a profit and loss statement to ...

What if managing your small business finances didn’t have to feel like a never-ending juggling act? Picture this: instead of scrambling through receipts, manually crunching numbers, or relying on ...

Accumulate all expense and revenue records throughout the month and turn them into a profit-and-loss statement, also called a financial statement or a statement of earnings. Gather carrier settlement ...

Mike Anderson says labor gross profit only makes sense when shops understand how employee costs are reflected in their P&L.