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

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

Accumulate all expense and revenue records throughout the month and turn them into a profit-and-loss statement, also called a financial statement or a statement of earnings. Gather carrier settlement ...

The following excerpt is from franchise expert Mark Siebert's book The Multiplier Model. Buy it now. When I hold exploratory meetings with clients, I typically ask about various items on the profit ...