Budgeted Revenue refers to the estimated income that a business anticipates achieving during a specific budget period, as planned and documented in its budget.
Entrepreneurial profit refers to the compensation for the expertise and successful effort of a skilled businessperson, encompassing the portion of profit exceeding the normal profit for typically competent management.
Leakage refers to the loss of potential business revenue when customers choose to spend their money on goods or services outside of a given company or location.
