Introducing key terms in financial planning

Some of the words that I learned are:

1.- Profitability shows how a business might make profits.

2.- The turnover of a business is the total amount of sales, before costs or deducted.

3.- The core activity of a business is the main product or service which the business provides.

4.- The gross profit margin is the profit of business makes before costs are considered.

5.- The setting-up costs are the costs involved in creating a new business.