business income
Company's earned money
Business income is money a company earns from its regular operations—selling goods, providing services, or both.
It excludes investment gains, asset sales, and other incidental revenue.
For tax and accounting purposes, business income is distinguished from personal income: The accountant separated her business income from her salary.
Insurance policies covering business income protect against losses when operations are interrupted.
- royaltiesOngoing payments to creators
- advertising revenueEarnings from selling promotions
- consulting feesPayment for expert advice
- net profitIncome after subtracting costs
- profit marginsPercentage kept from sales
service fees · cash · making money · licensing fees · commissions · earnings · depreciation · sales revenue · gross revenue · amortization · overhead costs · dividends · tax deductions · tax write-offs · cash flow · quarterly earnings · tax compliance · freelance
- assetsproperty, cash, money, investments, bank accounts
- incomesalary, earnings, wages, pay, net earnings
- finance termsnet profit, gross profit, budget, credit, debt
- business taxestax returns, tax filing, tax deductions, deductions, tax refunds
- tax terms1040, W-2, 1099, W-4, tax refund
- taxessales tax, estate tax, excise tax, corporate tax, payroll tax
business incomepersonal income
One's own revenue
salary · employment income · wages · earned income · investment income
business incomebusiness expenses
Costs of commercial operations
operating expenses · overhead · business losses · cost of goods sold · capital expenditures
business incomebusiness loss
Negative net income
net loss · operating loss · deficit · insolvency · bankruptcy