Revenue and turnover
Revenue and turnover
Revenue is the total money a business receives from selling goods or services, before any costs are deducted. Turnover is another name for revenue.
Step-by-step lessons on AQA GCSE Business 6.3 Financial terms and calculations, covering 6.3.1 Basic financial terms, 6.3.2 Average rate of return, 6.3.3 Break-even output, and 6.3.3b Break-even and margin of safety. Each one builds up to exam-style questions. Start by mastering business terminology and the functional areas (marketing, finance, operations, HR) before moving on to the extended, evaluation-heavy questions that carry the most marks.