What is net profit?
Net Profit is what’s left over after paying all your expenses — like rent, salaries, electricity, ingredients, transport, etc.It’s your actual take-home profit. Example:If you earned R50,000 but spent R40,000 … More
Category Archives: tools_financial
What is gross profit?
Gross Profit is the amount of money your business makes after paying for the goods or materials needed to produce or sell your product or service. As always, you need … More
What is Cost of Goods Sold (COGS)
In order to calculate the cost of goods sold, you need to have a good understanding of the state of your inventory. What is inventory? Inventory is all the items … More
What is cash flow?
There is a simple way to work out what your cash flow is: Decide on a time frame you want to calculate your business’s cash flow. It is usually on … More
What is net profit margin?
The net profit margin tells you if the money you earn is enough to pay for your expenses. Net profit margin is calculated by taking your net profit and dividing … More