The income statement is one of the financial statements which we as investors, managers, operators, and employees should all understand. Without a profitable business, we wouldn’t be in business at ...

A few months ago, we published a column entitled, “Understanding Financials: Your Income Statement.” To re-read that e-column, click here. The balance sheet is another of the financial statements ...

In order to get the attention of serious investors, it’s important to have realistic financial projections incorporated into your business plan. Projections can be a tricky business as you try to ...

Growing up broke teaches you lessons about money that go beyond budgeting tips or saving strategies. These lessons are ingrained in you through lived experiences and shape the way you view and handle ...

Wellness is a concept that has found its way into more and more corners of American life. At its heart, wellness is about adopting practices—like exercising more and eating healthy—that help you live ...

These days, the rate of change in business is accelerating. Alongside this, it is becoming even more necessary to grasp financial principles if a company is to enjoy long-term success. Financial ...

Mike Anderson says labor gross profit only makes sense when shops understand how employee costs are reflected in their P&L.

During periods of heightened market volatility, folks are prudent to seek out advice. If you’re in the market for a financial advisor (FA) or evaluating whether to fire your current one, it’s fair ...

One of the most devastating causes of depression and anxiety that I have seen in clinical practice is financial hardship. Financial hardship is when someone does not have enough money to afford ...