Small business benchmarks: 3 profit metrics you should be tracking
It is often said that the three most important elements to small business success are cashflow, cashflow, cashflow. Not all cash flows, however, are equal. Cash is great, but unless it produces profit, your business will be in serious trouble. In this article, review the difference between three important profit metrics: gross profit, net profit and profit centres… and what you need to do with them. Read the full article here.