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Net Monthly Income Formula

oboloo Glossary

Net Monthly Income Formula

Net Monthly Income (NMI) is a creative and powerful equation designed to give businesses an accurate assessment of their financial health. It’s calculated by subtracting all expenses from gross income, after taxes, during the specified month. The result gives business owners a clear understanding of how much spendable money they have at the end of each month. NMI offers financial clarity and provides vital insight into a company’s short-term and long-term goals. It’s an essential tool for any savvy business owner looking to make smart decisions about their budget and growth.

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