Mastering Your Small Business Finances ~ Money Management, Bookkeeping, Entrepreneurship, Side Hustle, Accounting, Cash Flow, Solopreneur, Strategy, Tax, Virtual Assistant Marketing Mindset QuickBooks

13: The Difference Between Revenue And Profit ~ What A Small Business Owner Or Online Virtual Bookkeeper Needs To Know And How It Is Used For The New PPP Loan Second Draw

01.27.2021 - By Chris Panek - CPA, Business Strategist & Business Coach For Entrepreneurs Growing Their BusinessPlay

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Understanding the difference between revenue and profit is crucial to a business’s success.  They both show up on your income statement or profit and loss report, but they are very different numbers.  Whether you are a small business owner or have an online virtual bookkeeping business, you’ll want to listen in today as we talk about what these differences are and why you need to know what each one represents.  This is extremely important when looking at the new PPP Loan Second Draw qualifications.  If you are a small business owner or if you are an online virtual bookkeeper, you need to know the difference so that you can make smart business decisions.  Do not miss today’s episode especially if you are considering the PPP Loan Second Draw…

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