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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

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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What Are Variable Costs?

One question that always comes up is what our variable costs?

And it's kind of a strange item that would continuously come up. But it's so important because variable costs are a key driver of...

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How a Shop Owner Turned Her Business Around (And the Numbers You Need to Know)

Have you ever thought that you might be holding back your business's profitability? Here's what you need to know to make better financial decisions.

One of the reasons businesses aren't making...

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What is a Financial Model?


What Is A Financial Model?

One of the questions that comes up quite frequently, especially when we have a new client introductory meeting is what a financial model is. And really for me, a...

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