The Wealthy Entrepreneur Blog

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 ...

One question that comes up in our business quite often is what are our fixed expenses?

Fixed expenses are those costs inside our business that do not change, they fluctuate slightly, but they're not...

So one question that doesn't come up enough when we're talking with business owners is what is our break even point?

And I'm bringing this FAQ to you because I think this is a question that every si...

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 profit...

One question that comes up very frequently in our office is what is operating income?

And before understanding what the answer is to what is operating income, we need to understand the elements that...

A question that comes up often is what is total business revenue and why is it important that we understand that number in our business?

So just to take a step back inside every business, there's a ...

If you want business growth, you need to increase the number of people who know, like, and trust you and your business. Discover how you can do just that. 

Working with Tony Robbins gave me some of t...

If you find yourself in a position where your customers always insist on speaking with you directly instead of your employees, then you might want to consider shifting your structure so you can improv...

As a business owner, you’re likely proud of the results you’ve achieved in the past,  but when it comes to the value of your business, your future is critical. That’s why  your growth potential is one...

Have you ever wondered why startup companies stop growing? Sometimes they run out of potential customers to sell to or their product starts losing market share to a competitor, but there is often a mo...