* Real Revenue is different from gross profit, in that **Real Revenue is your total revenue minus materials and subcontractors utilized to create and deliver the service or product.** Gross profit, on the other hand, is an accounting term calculated as total revenue minus materials, subcontractors, and any of your employees’ time utilized to create and deliver the service or product. --- **Tags** — [[quotes]], [[accounting]], [[interpersonal-skills]] **Source** — [[202303291359 - B - Profit First]]