Here, we will break down the differences between revenue and profit once and for all, and #highlight why it's #important to keep the two separate when discussing or reviewing your #business. * Revenue is the term used for your total income and is also referred to as the “top line.” * Profit is the term used for revenue after expenses and is therefore known as the “bottom line.” * When determining the financial success of a business, the profit margin is much more important than the revenue generated. Let's start with the term revenue, which is the total income for a #company over the #course of a tax year. However, when looking solely at the revenue of a brand, it can be easy to assume a business is making more money than it actually is, as the revenue figure does not factor in any outgoings. For example, if a business makes 100K in revenue, that figure does not factor in expenses such as manufacturing costs, digital subscriptions, and office costs
Man, using Business Prime to separate purchases is such a smart move. Prime Day is the perfect time to take advantage