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How to start a Day Care Business: Tutorial 3

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Length: 10 minutesComplexity: Easy

How much profit a business makes depends on a lot of factors. There are those business people who make more profit than others in one and the same business in one and the same location. On the other hand one and the same amount of profit may mean differently to different business owners. The bottom [...]

DCT3/1: Profitability

Length: 5 minutesComplexity: Easy

What is profit? Profit is the difference between the income of the business and all its costs/expenses. It is normally measured over a period of time. There are four main types of profit quoted by a business: Gross profit This is the difference between sales income and the direct costs of making those products. Gross [...]