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The Wealthy Entrepreneur Blog

"Successful entrepreneurs are not satisfied with status quo. They are constantly looking for new opportunities to improve their current situation and increase their impact." 
Robert Gauvreau

Million Dollar Year by Gauvreau
Episode 04: Profit is the Number One Driver of Impact on Your Business
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Episode 04: Profit is the Number One Driver of Impact on Your Business

We've got something juicy to share with you today!

Our host, Bob Gauvreau, wrote a book called "The Wealthy Entrepreneur" But guess what? Today, he's going to spill the beans and give you the...

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Gross Profit vs Gross Profit Margin

So one of the questions that comes up is, what is gross profit and gross profit margin?

Are they the same thing or are they different?

And we've talked about gross profit, gross profit being the...

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What Is Gross Profit?

So one of the questions that comes up often in many of our client meetings is what is my gross profit?

And why is it important?

So gross profit is the difference between our sales and our cost of...

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How to Stop Losing Money in Your Business (And Four Financial Elements You Need to Understand)

Are you unhappy with how much money you're making in your business? Maybe it's time to dig deeper into what's causing the problems.

Most business owners know when their companies aren't doing well...

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Your Financial Model is a Powerful Tool (And How to Itemize Each Component)

Having access to solid information puts you in a position to make better financial and strategic decisions. Your business’s financial model can provide access to that data.

How often do you...

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