non-operating expenses

The 4 Most Common Reasons Businesses aren’t Profitable

You’ve put your blood, sweat , and tears into your business, but you’re still not showing a profit. This is a common issue that can cause immense stress on an entrepreneur. If this sounds like you, then you might be suffering from one or more of the 4 most common reasons businesses aren’t profitable.

Simplifying the Income Statement

In the final part of the financial statement series, we take a look at the Income Statement. Also often known as the Statement of Profit and Loss, this report breaks down the profitability of your business.