HOW TO CALCULATE NET PROFIT
In this 5-minute, online class, you’ll how to calculate the net profit in your business – the all-important “bottom line” of a business. To get to this number, you’ll learn about sales/revenues, cost of goods, gross profit, and monthly overhead expenses. Many small business owners confuse “net profit” with “gross profit” and “net profit after taxes.” In this class, you’ll find out the difference between the three types of profit. You’ll also be given examples of net profit calculations, and learn ways to increase the net profit in your business.
Check out https://www.fiveminuteclasses.com/small-business-financial-classes-online/how-to-calculate-net-profit/
for recommendations for next steps to take and to download free small business worksheets, including a cash flow worksheet.
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