Finance Terms
The vocabulary of business finance, explained simply. Start here if you're new to reading an income statement.
What Is Revenue?
The total money your business earns from sales before any costs.
Read →What Is Gross Profit?
What's left after subtracting the direct cost of what you sold.
Read →What Is Net Profit?
The true bottom line, after all expenses and taxes.
Read →What Is Cost of Goods Sold?
The direct cost of producing or buying what you sell.
Read →What Are Operating Expenses?
The costs of running the business — rent, salaries, software, marketing.
Read →