Business Start-Up

What are the Differences Between Profits and Earnings?

What are the Differences Between Profits and Earnings?

Although profits and earnings sound like they could describe the same thing, they have different meanings in the business world. Earnings, for example, typically refers to the bottom line on a company’s income statement. Breaking it down further, a company’s net earnings describes the amount it takes in after accounting for all expenses. With net …

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3 Common Mistakes that Can Cause a Small Business to Fail

3 Common Mistakes that Can Cause a Small Business to Fail

It takes some degree of comfort with risk to even launch a small business in the first place. To manage your business well over the years, you must balance minimizing risks to your company with introducing a product or service to the marketplace. You must also price the product or service you offer to be …

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Pitfalls to Avoid in a Start-Up Business

Pitfalls to Avoid in a Start-Up Business

Mistakes are par for the course when starting a business and can actually help you become a better business owner in the future. Unfortunately, they can also be financial disasters and hurt your pride. By learning from the mistakes of other new business owners who now have established businesses, you can reduce your learning curve …

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