The Ludic Fallacy | Income Outcome

The Ludic Fallacy

Watch Out for the Ludic Fallacy: Don’t Let it Spoil Your Business Simulation Game Experience Written by Nikolai from Income|Outcome Humans have been modeling life with games since at least the First Egyptian Dynasty and have been using what they … Read More »

What is Gross Margin? | Income Outcome

What is Gross Margin?

Today’s word involves your profit—sort of. “Gross margin” is one of those tricky terms defined differently by every business. But at a basic level, “gross profit” is the money earned from a sale minus the direct costs of that sale … Read More »

Growing Beyond the Founder | Income Outcome

Growing Beyond the Founder

The statistics on the earnings of entrepreneurs in the U.S. might give pause to anyone thinking of starting a business. An article by Bloomberg Business revealed that U.S. entrepreneurs make 35% less than employees. Recently, we discussed the statistic with … Read More »

Days Sales Outstanding

What is Days Sales Outstanding?

Depending on your position in your company, you might see a lot of sales revenue coming into the organization. But when will the the company actually able to use it? Today’s finance phrase can help you find out. Days sales outstanding … Read More »

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