What is net income?

Net income is an important metric for businesses because it represents the money left over that can be distributed to shareholders, invested back into the business, or saved for a future use.

Ready to start your business? Plans start at $0 + filing fees.

This article is for informational purposes. This content is not legal advice, it is the expression of the author and has not been evaluated by LegalZoom for accuracy or changes in the law.

Contents

updated November 30, 2023 · 3min read


Janet Berry-Johnson

by Janet Berry-Johnson

A freelance writer with a background in accounting and income tax planning and preparation for individuals and small ...

Read more...

Twitter logoFacebook logoLinkedIn logoReddit logo

You may also like

Starting a Business

What does 'inc.' mean in a company name?

'Inc.' in a company name means the business is incorporated, but what does that entail, exactly? Here's everything you need to know about incorporating your business.

November 21, 2023 · 10min read

Trademarks

Why do I need to conduct a trademark search?

By knowing what other trademarks are out there, you will understand if there is room for the mark that you want to protect. It is better to find out early, so you can find a mark that will be easier to protect.

November 21, 2023 · 4min read

Starting Your LLC

How to start an LLC in 7 steps: A complete guide for 2023

It's easy to create a new LLC by filing paperwork with the state. But to set yourself up for success, you'll also need to think about your business name, finances, an operating agreement, and licenses and permits. Here's a step-by-step guide.

November 21, 2023 · 21min read