An income statement is your business’s bottom line: your total revenue from sales minus all of your costs. Financial data is always at the back of the business plan, but that doesn’t mean it’s any ...

While there are many different types of budgets, they all serve as a framework for how you will spend your future cash. Sometimes aspirational and sometimes rigid, budgets are often a work in progress ...

It's one of three primary financial statements. Focuses on income and expenses over a specific period. Aims to report a company's net income or earnings. Essential for assessing financial performance.

Find out what to include in a cash flow statement, as well as its limitations and how cash flow is calculated.

Learn about gross, operating, and net profit margins, how each is calculated, and how businesses and investors can use them ...