The Bottom Line: Understanding Gross Profit and Its Impact on Your Business

Cheggindia98704 Jan, 2024Business

The business world can often be confusing. Well, this is mostly because of the odd number of phrases and jargon. ?Bottom line? can be one such confusing word. It refers to the profit of a business after the deductions of all business expenses. Hence, the bottom line profit is the net profit. It is quite different from the gross profit.