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GCSE Business · key term
The money a business receives from selling goods or services, before costs are deducted.
Used by AQA, Edexcel and OCR
Paper 1, Paper 2
The income earned from selling goods or services, calculated as selling price multiplied by quantity sold.
Revise: Performing Business CalculationsThe whole is all sales revenue, not just the revenue from its other products.
Specification 1.3.1, 1.5.2, 2.4.1 · Paper 1, Paper 2
The income a business receives from selling goods or services over a period of time.
Revise: Business Aims and ObjectivesSales objectives concern selling goods or services. They might target the number of items sold or the sales revenue earned—the income received from customers. Building sales helps a start-up establish demand and generate income.
The money a business earns from selling goods or services: .
The income earned from selling goods or services, calculated as selling price multiplied by quantity sold.
Paper 1
Revise: Common Business ObjectivesA market share of 20% means a business earns one fifth of that market’s sales revenue; the remaining revenue goes to competitors.
Use sales revenue as the denominator for both profit margins. Calculate the relevant profit first if it is not given.
Sales revenue is not profit. More sales only improve profit if the additional revenue exceeds the additional costs.
Distinguish sales revenue from profit. Extra online sales may bring extra delivery, advertising and technology costs.
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