16 Ways to Grow Your Top Line and Bottom Line Revenue
While both figures help to gauge business performance, each term is significant for different reasons. For example, the top line indicates business growth. More revenue means that the company has more to spend on advertising, marketing, new product development and hiring additional employees. Companies can increase their top line by:. The bottom line in business demonstrates how efficiently a company can make a product or provide a service that creates enough gross profit to cover overhead expenses, while yielding a reasonable net profit. Apply for funding for your business today!
Bottom-Line Growth vs. Top-Line Growth: What's the Difference?
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