Revenue or Profit? Do you know? One of Lemonade Day's critical lessons is the difference between revenue and profit.

Revenue is the total of all the money a company, person or business makes.

Expenses are all the costs related to your business, like ingredients, supplies, hidden costs and staff.

Profit is the difference between revenue and expenses. Meeting a financial goal requires that you plan to make enough to cover all expenses--and then the profit begins!

Remember to go to your city's website after Lemonade Day to fill out your Business Results Form--you may even be able to win some cool prizes!