A record of the money you owe to those who helped make your product or service possible.
A record of how much other people and businesses owe you.
Capital can refer to money, but it also refers to the physical items that a business owns and uses.(e.g., equipment, vehicles, buildings, land, etc.).
A product, service or idea that is developed by a business.
Expenses that you must pay regardless of whether your business is doing well. Utilities, rent, and employee salaries are all examples of fixed costs.
Gross refers to the total amount, before deductions have been made.
Offer a reward to encourage customers to try your product or service.
Margin is the difference between the price a product is sold for and the costs spent to make and sell the product.
Generate income from a product or service.
After deductions and expenses, net refers to the remaining money or assets.
The return on investment (ROI) is the profit or other benefits received from an investment, compared to what was spent.
Variable costs are expenses that change based on the number of units produced. They can include: shipping; commissions paid to sales representatives, distributors or other intermediaries; supplies used up in production such as paper and ink cartridges for printers.