Companies calculate gross profit by deducting overall business costs from net profit sales. When businesses seek to increase their gross profits, management tries to reduce operational costs. One ...

Tracking inventory seems like a daunting task for your small business. Nevertheless, it's important to know what you spend on inventory to price it accurately and ensure you are making a profit. When ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...