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We are some of the Profit Nerds, entrepreneurs, designers and developers who believe it shall be really easy to understand the unit economics for small businesses.
Latest from the profitability blog
Project profitability: Overview and key factors
Posted on Thursday September 20, 2018
Profitability is best described as the firm’s ability to earn financial profit/gain from a specific project. It depends on the cost-income ratio and is a measure of project operational efficiency. The net profit, technically, is the revenue business ends with after paying all the direct expenses such as production costs, and other expenses related to the …
Where is your salary business owners?
Posted on Thursday August 02, 2018
A lot of small businesses don’t have a fixed salary for their owners. They think the profit should be their salary so they don’t include that in pricing etc. (I’m reposting this old post again, as I see this again and again) But most businesses are not profitable or do not generate profit for nearly …
Demo: How to check your project’s profitability and pricing with ProfitBoard
Posted on Tuesday July 17, 2018
Nearly two months ago, I shared why web design companies face cash crunches. Today I’ll show you a demo on how you can do that with ProfitBoard: Our cash flow management app for web design businesses. Hope you will like it. Please let me know what else you wanted to cover next. If you want …