Definition
Revenue, also known as sales or turnover, is the income earned by a company from its primary business activities, such as selling goods or services to customers. Revenue represents the total amount of money generated from sales before deducting expenses, discounts, returns, and allowances. Revenue is a critical metric for evaluating a company's financial performance and growth potential and is typically reported on the income statement as the top line or gross revenue.
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Private Limited Company (Ltd)
A Private Limited Company (Ltd) is a type of company where the ownership is divided into shares held by a small number of shareholders. The liability of shareholders is limited to the amount unpaid on their shares, and the company’s shares cannot be traded publicly on the stock exchange.
Limited Liability Partnership (LLP)
A Limited Liability Partnership (LLP) is a business structure where partners have limited personal liability for the debts and obligations of the partnership. Each partner’s liability is limited to their investment in the LLP, and they are protected from the actions of other partners.