Revenue Vs Profit: What Matters Most For Your Business? getty Understanding the differences between revenue and profit can be tricky, but it is one of the most important things a business owner needs to understand. The two terms are often used interchangeably, but they are quite distinct. So, which one is more important for your business? Revenue vs profit defined Before we dive into the differences between revenue and profit, let’s take a moment to define each term. Revenue is the total amount of money a business earns from sales over a certain period. Revenue includes all income sources such as sales, services, interest earned on investments and any other income received by the company during that period. On the other hand, profit is the amount of money left over after all expenses have been paid. In other words, it’s what’s left after revenues are subtracted from costs. Profit is the lifeblood of any business. Without profit, a business can quickly spiral out of financial control. A good handle on profit and finding ways to increase it should be one of the primary focuses for all business owners. Why are both revenue and profit important? It’s easy to think […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
