Destination Africa: A New Frontier for Entrepreneurs

A while back, we interviewed Winnie Ouko, Director of Lattice Consulting and partner of Income|Outcome in Kenya. We spoke with Winnie about entrepreneurship in Africa, a topic we found so interesting that it deserves further exploration. Though overflowing with natural … Read More »

What is Shareholder Equity?

If you were to sell off everything in your business at book value and pay off your debts, how much cash would you be left with? That’s shareholder equity. In other words, shareholder equity is the amount of the business … Read More »

What is Working Capital?

At its bare bones, “capital” is wealth. But as the definition is fleshed out, it becomes clear that not all kinds of capital are alike. Every employee needs to understand the basics of working capital to ensure they are equipped … Read More »

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?

Gross margin is a finance term that seems to be defined differently by every company. Gross Margin Defined Gross margin is gross profit expressed as a percentage of sales. Gross profit is the money earned from a sale minus the … Read More »