profit
Understanding Profit & Loss Statements
Hey there, fellow freelancers and self-employed hustlers! Last time, we delved into the nitty-gritty of why profit, not just revenue, is the real measure of success when you’re working for yourself. We also highlighted how keeping solid records can simplify figuring out your bottom line. Today, we’re taking it a step further and tackling the…
Navigating Small Business Finances: From Revenue to Profit
Last week, I spilled the beans on how I swiftly transformed my concept of digitizing old-school cassettes and vinyl into a budding online business, Analog Archivers. Sure, it’s not exactly raking in the big bucks just yet, but hey, Rome wasn’t built in a day, right? In the midst of this journey, I realized something…