I'm not sure what some of these business terms mean. Can you tell me?

📖 Business terminology can be a bit intimidating, but don't worry; we got you. Here's a list of the most common terms included in the Business Update and what they'll mean for your business:  

• Available Capital: the total amount of money available to fund your company's operations, such as launching a new product, paying your employees' salaries, contracting suppliers, etc.
• Fiscal Year: a 12-month period in the life cycle of your business used to calculate financial statements
• Revenue: the total amount of money your business or product makes in a fiscal year before subtracting expenses
• Net Income: also known as profit, this is the total amount of money your business or product makes after paying all expenses, such as employee salaries, fixed costs, etc.
• Profit Margin: the amount of money your business earns in net income as a percentage of total revenue
• Revenue Growth: the amount of money your business made in the current year compared to the previous year