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Self employed
Hi
When you make enough money to cover all your expenses you are making a profit and then you will start paying taxes on the profits. Most of the time you will try to buy more supplies to sell more and make a larger profit when you first start to make sure you can continue in business.
Gross Revenue - supplies = Net Revenue Net Revenue - Operating Expenses = Net Profit
‎August 30, 2023
1:11 PM