B3 Revenue and costs GapFill

The term 'revenue' refers to the money  receivedrotatedspentincome by the business. Revenue may also be called  cashturnovertransporttotals. In order to increase revenue, a business might decide to increase its  savingsprofitpricesdebt. This will work if customers continue to buy their products in the same quantity as before. 

All businesses have costs. These are payments the business must make in order to continue operating. A key premises cost is  cleaningpaymentsrentwindows, which must be paid regularly. No business should operate without good  advertisinginsurancestaffdebt policies to protect it in case of accidents. Costs paid at the beginning of the business operating are called  sectionstart-upsoftallowances costs. Costs paid during the life of the business are called  runningroutineflexiblemonthly costs. Revenue must be larger than  costscurrentflowdebt for the business to make a  markclaimprofitprocedure.