Quote:
Originally Posted by DukeSkywalker
Do you count payroll as profit? Distributions? Depreciation? Profit is a bs term.
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Profit is a BS term? Shit I am glad you are not my accountant!
No I do not count the following as "profit" (only fucking idiots would):
Payroll
Hosting
Domain registration
Traffic buys/cost
Content costs/production
Etc etc. Basically anything that involves the running of the business are EXPENSES. PROFIT is how much $$$ you put in your bank account after all the EXPENSES.
And there's no 'depreciation' since the biz is not a fixed asset like a car. Jeez Louise. LOL