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Net and Gross: A Business Rockstars Minute

By Owen Linderholm | Small Business

Do you understand basic accounting and bookkeeping? And do you need to? Well, yes and no. In the grans scheme of things as an entrepreneur if you succeed big, then you succeed big. But for most of us the devil is in the details and you need to understand the basics of how money works in your business. Which means understanding properly what things like net and gross mean as they apply to your business. Ken Rutkowski is here to set you straight in this Business Rockstars Minute.

Take a look at the video above and for more tips read the following:

Read More:

Profit Margins Matter

Obsessed About Revenue? Don't Forget to Check Gross Margin

6 Cash Flow Essentials for Your Startup

This is one in a continuing series of Business Rockstars Minute videos presented by Ken Rutkowski. They cover a range of small business topics, especially for entrepreneurs, and give you a real quick start on the topic and are a great point for jumping off. We recommend that you check out their daily live shows over at Business Rockstars as well. But most importantly, please let us know what you think in the comments. We want your feedback on how you like these and on future topics.

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