Navigating Success: Unveiling Profitability and Growth Strategies

At Bissett Accounting & Bookkeeping LLC, our Accountants are Profit and Growth Experts. We can help you determine and understand the financial health of your business.  We take the time to understand you, your business and your goals. We will review the financial health of your business whether your receipts are in a shoebox or already in QuickBooks. We will take a deep dive into your expenses and make sure what you are spending your hard earned money on what makes sense for your business. We will also dive into your revenue sources to ensure you are not only covering your expenses but also turning a profit.

Profitability Key Metrics:

  • Net Profit Margin: It is calculated by dividing net profit (after all expenses) by total revenue. It represents the percentage of income that translates into profit.
  • Gross Profit Margin: This measures the percentage of revenue that exceeds the cost of goods sold (COGS), indicating how well a company is covering its production costs.
  • Operating Profit Margin: This shows the percentage of profit a company makes from its core business operations, excluding taxes and interest.

Growth Key Metrics:

  • Revenue Growth: Measures the percentage increase in a company's total revenue over a specific period.
  • Profit Growth: Examines the growth in net profit over time, indicating the company's ability to increase its bottom line.
  • Market Share Growth: Indicates the portion of the total market that a company controls.
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