A profit and loss statement, also called an income statement, lists the revenues and expenses of a business during a given period and give a restaurant owner the bottom line on whether it is making ...

Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. Investopedia / Dennis Madamba A profit center is a company division ...

“My company has high service sales and yearly growth, but it doesn’t translate into bottom-line profits. I don’t know why it’s happening or how to fix it.” This is a recurring lament I often hear from ...