Let's face it: Even the best budgets can't always predict your actual expenses. Things happen. Unexpected costs arise. That's life. That's why it's so useful to review your budget after a project is ...

Employee labor percentage, more commonly called the cost of labor percentage, states the overall payroll expenditure for a business as a proportion of gross sales. Payroll is a major expense for any ...

The percentage difference is usually calculated when you want to know the difference in percentage between two numbers. Microsoft Office Excel is a great tool to help you get started. In this post, we ...

In order to determine their profitability, businesses look at their total net income relative to their total sales, or gross revenue. This figure, expressed as a percentage, is also known as the ...

Calculate annual % change by dividing start by end value, raising to inverse years, minus one, times 100. Ex: a drop from $15M to $10M over 2 years is a 18.4% average annual decline. This calculation ...

Calculate net profit margin by dividing net income by total revenue and multiplying by 100. Net profit margin helps compare profitability across businesses and historical performance. Monitoring net ...