Brian R
Member
Doug Cox said:Brian- Educate me to the difference between NET income and the BOTTOM LINE.
I have no idea how I missed that. :shock:
Was your post written like that at first?
That ADHD thing is murder sometimes.
Doug Cox said:Brian- Educate me to the difference between NET income and the BOTTOM LINE.
Ken Snow said:Brian- I am curious how you are netting more if you are doing the work yourself? Do you pay yourself less than you would an employee?
I am kind of kidding but the point being that to truly analyse the entity from a business perspective it is important to consider part of the expenses a reasonable salary for the owner if doing the actual work. Gross numbers are gross numbers but net numbers need to be quantified with consistancy otherwise it is very nebulous and can be made to be almost whatever someone wants it to appear to be.
Ken
Brian R said:Yes, Lisa....you're perfect. A perfect what? is the question.
Did you happen to read my response...or would that be too concrete for you?