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Let’s break it down with something a little more fun than VAT thresholds. The LEGO Metaphor Imagine you’re building a working crane out of LEGO Technic; the kind with gears, pulleys and little motors. You’re trying to follow the instructions, but half your pieces are random LEGO blocks from a Harry Potter castle and a […]

Introduction Many business owners assume that because they have money in the bank, their business is profitable. Others see steady sales and believe they’re financially secure—until a tax bill or unexpected expense proves otherwise. Understanding whether your business is truly profitable is essential for long-term success. In this article, we’ll break down what profit actually