Its All About the Profit - Marvin Carolina, Jr.

The Importance of Profit in Your Business – Marvin Carolina, Jr.

If you’re like the vast majority of small-business owners, you’re in business to make money. Nothing wrong with that. I’ve found, though, that lots of small-business owners — who claim they want to make money — don’t understand how to make money. So let’s talk revenue, profit and profit margin. Revenue is income received from making a sale. While it gives an indication of how much business you’re doing, I…