The Wealthy Entrepreneur Blog

We need to talk about something crucial that impacts the success of your business: understanding your financial model. 

Here's the deal: if you're scratching your head about how your financial...

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...

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...

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...

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...

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...

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 ...

How do you avoid not being disappointed with the money you make from the sale of  your company? 

Perhaps you’ve heard that companies like yours trade using an industry rule of thumb...

It can be tempting to offer shares in your company to finance its growth. These days, there are plenty of investors chasing promising new companies and, in today’s tight  labour market,...

Ever wondered why some business owners can't create sustainable growth? Find out three things that separate successful entrepreneurs from everyone else.

Scaling a business will often require...