Most business owners think they know if a job is profitable. They look at the invoice amount, subtract what they think they spent, and assume there’s profit left over. On the surface, it feels logical. Money came in, expenses went out, and there’s something remaining. But that’s not how real profitability works. The truth is, […]
Most small business owners believe they understand their profit. They look at their bank account, see money coming in, and assume things are going well. They might even review a profit and loss statement occasionally and feel confident that everything is under control. But when you ask a simple question—“How much profit did you make […]
Most small business owners think they understand their numbers. They look at revenue, expenses, and maybe a profit and loss report. On paper, everything seems under control. But when they step back and ask a simple question—“Which jobs actually made me money?”—the answer isn’t clear. That’s where the confusion between job costing and accounting shows […]
