Quote:
Originally Posted by JudgeDreadz
So if I understand you correctly, it is the expectation of income rather than profit
|
I wasn't differentiating between income and profit. I take "income" to mean "not a loss". In business, you would generally differentiate between "income" and "cashflow".
Cashflow is the money coming in. Expenses is the money going out. Income is the difference between the two. If this figure is negative, it's called a Loss.
If you are running a business, read up on "non-commercial losses".
There may be a question as to whether you are actually running a business, or you are merely engaging in a hobby.
__________________
Sim'
This is a general comment only and does not constitute advice. Before making financial decisions you should seek advice from a professional adviser, who can take into account your specific circumstances and investment goals.
|