What Is Profitability? Definition, Formula, and Examples
Picture this: You’re running a lemonade stand on a hot summer day. You sell 100 cups at $2 each, making $200…

Picture this: You’re running a lemonade stand on a hot summer day. You sell 100 cups at $2 each, making $200…

Ever looked at a company’s financial statement and felt like you were reading a foreign language? You’re not alone. One of…

Picture this: You’re sitting at your kitchen table, reviewing your small business’s bank statements. The numbers look good, really good. You’ve…

Imagine you’re running a lemonade stand. At the end of summer, you count your cash and realize you made $500. Success,…
Picture this: You’re running a lemonade stand on a hot summer day. You sell 50 cups at $2 each, making $100….

Picture this: You just launched your first side hustle selling handmade candles. You made $5,000 in sales last month, amazing! But…

Imagine running a lemonade stand all summer, working every weekend, and at the end of the season, realizing you have no…

Imagine you’re running a lemonade stand. You’ve sold $500 worth of lemonade this month, spent $200 on lemons, sugar, and cups,…

Profit is the money left over after a business, investment, or side hustle pays all its costs, and it’s the single…