How to Prepare a Profit & Loss Statement for a Business. A profit or loss statement, also called an income statement, reports information about the flow of money into and out of your small company.

A profit-and-loss statement is also typically referred to as an income statement. Prepare a profit-and-loss statement to identify the source of your expenses and the comparison of revenues to the ...

Gateway Commercial Finance reports that cash flow management is vital for small businesses, as profitability doesn’t guarantee liquidity.

If you have a small business that’s been sluggish, you may want to consider letting it fold given the current economic ...

A profit and loss statement summarizes a business’s revenue and expenses. Learn how to use a profit and loss statement to understand your business better.

Find the best profit-and-loss mortgage lenders for self-employed borrowers and business owners with non-traditional incomes.

Labour’s default posture toward business remains defensive and interventionist Business deserves a government that starts ...

Think your business is profitable? Think again. Jason Andrew explains why profit can be a misleading number in your ...

5 Ways Your Profit and Loss Lies (and Why It Might Cause Your Business to Fail) Don’t trust your P&L. You need to know how to read deeper into the story it’s telling you. Here are 5 ways your ...

Profit margin is the percentage of revenue (income from sales) your business keeps as profit. It is one of the most common metrics used in accounting to determine your business's health.

Financial statements are a window into the health of your business. Learn how to prepare profit and loss, balance sheet and cash flow reports using QuickBooks.