Tag: Small business

  • What is the Difference Between Sales and Net Profit?

    What is the Difference Between Sales and Net Profit?

    Why understanding the difference between sales and net profit is vital for your business On average 60% of UK business start-ups fail within the first 3 years. One of the biggest contributing factors to failure is running out of cash. You may have heard a business owner waxing lyrical about their business profits only for…