Gross Profit vs Net Income

Gross Profit vs Net Income: Understand the Difference To Grow Your Business Smarter

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As a business owner or investor, you’ve probably heard the terms “gross profit” and “net income“. While they may seem similar, they represent different aspects of your business’s profitability. Gross Profit vs Net Income: Gross profit reflects earnings after deducting the cost of goods sold (COGS), while net income gives