You can find your COGS (cost of goods sold) here. Determine your income (for example, how much you were able to sell the goods for). Subtract the costs from the revenue to determine the gross profit.

Claire Boyte-White is the lead writer for NapkinFinance.com, co-author of I Am Net Worthy, and an Investopedia contributor. Claire's expertise lies in corporate finance & accounting, mutual funds ...

Getting your fees right is fundamental to the success of your business. Profitable practices cover their costs, know their break even and their profit margin. They can’t afford not to. Use the RIBA ...

Last month, we discussed various pricing methods, and how aggressive pricing models do not necessarily generate operating losses if one controls costs in sync with aggressive pricing to generate a ...