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

Forbes contributors publish independent expert analyses and insights. Melissa Houston covers financial issues that affect women in business. How often do you read the profit and loss statement for ...

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

Profit Formula: Doing business is no easy task. From negotiating the right price to selling a product at the best possible value, every step is aimed at maximizing profit. Whether you are a seller or ...

Discover how gross profit and operating income differ and why both are crucial in assessing a company’s financial health. Get ...