Legal Definitions - business gain

Definition: Business gain refers to the increase in profits, revenue, or market share that a company experiences as a result of its business activities.

Examples:

• A company launches a new product that becomes very popular, resulting in increased sales and revenue.
• A business expands its operations into a new market, gaining new customers and increasing its market share.
• A company implements cost-cutting measures that result in higher profits.

These examples illustrate how a business can achieve business gain through various strategies such as product innovation, market expansion, and cost management. By increasing profits, revenue, or market share, a company can improve its financial performance and competitiveness in the marketplace.