The share of the population actively engaged in the establishment of a business that they will personally or jointly own, wherein the owners have not received salaries, wages, or any other form of compensation for a period exceeding three months. This metric is utilized by the Global Entrepreneurship Monitor to quantify entrepreneurial activities within an economy.
Net loss occurs when a company's expenses surpass its overall revenue for a certain period.
Net profit is the remaining amount of money a company has after deducting all expenses, taxes, interest, and depreciation from its total revenue.
Network marketing, also known as multi-level marketing (MLM), is a business model where individuals earn income by selling products or services directly to consumers and by recruiting others to do the same.
