There are some basics about business that most business owners are afraid to admit that they really don’t know or understand. Well, here at 2BH we’re going to give you the answers to the questions you might have been too embarrassed to ask.
Bad debts Amounts that are owed to you that are uncollectible.
Bottom line Net profits that are left over after all expenses are deducted from income.
Break-even analysis A calculation of prices and costs that projects the point at which a business will make as much as it spends.
Photo by edinburghcityofprint
- Business 101: What Do The Terms Aging, Operating Costs, And Overhead Mean? (baybusinesshelp.com)