Lesson 3: The Difference Between Net Profit and Gross Profit

Lesson 3: The Difference Between Net Profit and Gross Profit

Net Profit is the type of profit I’m sure you are all very familiar with.

If you’re just starting your business, it’s likely that you won’t have much net profit. That’s because you may be investing every spare dollar back into marketing and advertising. That’s ok, but as your business matures, you will want to start thinking about being profitable!

In this lesson, we break down how to accurately calculate your net profit and how to improve it over time.

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<h1>Build an online store for your business with your new skills.</h1><p>Shopify has everything you need to start selling, all in one place.</p>