Business Profit Income Challenge

A quick aside Disclaimer I am NOT a Financial Advisor nor am I your lawyer, unless I am, before making any investment decisions, you should seek the advice of a competent financial or investment advisor to discuss your specific financial situation. The conversations and information shared herein and hereon this post are merely educational and not to be construed as investment, legal or financial advice* (The law makes me write that)!

This week we tackle Business Profit Income.

Ok, so, Profit simply means the revenue that remains after expenses; it exists on several levels, depending on what types of costs are deducted from revenue. Net income, also known as net profit, is a single number, representing a specific type of profit. Net income is the renowned bottom line on a financial statement.

So for business profit income, digital products make for some really cool ways to grab this type of income. This week’s challenge may prove to be redemption for some of you; while others may consider making yet another digital product.