Learn about the differences between net income vs. net revenue for small businesses.
Net Income vs. Net Revenue: What’s the Difference?
James Woodruff
James Woodruff has been a management consultant to more than 1,000 small businesses over the past 30 years. This background has given him a foundation of real-life experiences for his freelance writings on business topics. James has written extensively for Bizfluent, SmallBusiness.Chron.com, and Work.Chron.com.
He previously had his own firm that specialized in financing exports from the United States to clients in Central and South America. James received a Bachelor of Mechanical Engineering from the Georgia Institute of Technology and an MBA in finance from the Columbia University Graduate School of Business.
Bottom Line vs. Top Line: What’s the Difference for Small Business Owners?
The top line and bottom line in business are important figures on a company’s income statement. Find out which one’s more important for long-term growth.
What Is Receivable Financing?
What is receivable financing and factoring, and how can they relieve your cash flow problems?
What Is a Unique Selling Proposition?
What is a unique selling proposition, and how can you apply it to your products or services to stand out from the competition? Learn more here.
What Is Inventory Turnover?
What is inventory turnover? Let’s explore this important business concept and how to calculate it.
Setting an Early Retirement Goal as a Business Owner
If you run a bustling small business, retirement might seem impossible. But you can achieve an early retirement goal if you have a clear plan.
What You Need and How to File Articles of Incorporation
Learn what documents you need to incorporate your business, and find out how to file articles of incorporation yourself with the secretary of state.
What Is B2B and B2C?
What is B2B and B2C, and how can you apply these strategies to your business? Learn more.
How to Pick Cloud-Based Accounting Software for Your Small Business
Cloud-based accounting software can streamline small business accounting. Here are the features to look for when choosing software for your business.
What Is Net Present Value (NPV) and How Do You Calculate It?
Using net present value (NPV) to analyze potential investments gives more realistic results to accurately compare alternatives.
