Also called income or profits, earnings are the famous “bottom line”: sales less costs of sales and expenses.

For more, check out our article on the LivePlan blog on net profit, as well as our free Profit and Loss Template.

Bplans GlossaryBplans Glossary

At Bplans, it's our goal to make it easy for you to start and run your business. The Bplans glossary of common business terms will help you learn about key small business and entrepreneurship topics.