How does a business make a profit?

Answer 1

By earning more money then spending.

Answer 2

A business makes a profit when it earns more money than it spends. Revenue can come from the sale of goods and services, interest from investments, or other sources. To make a profit, businesses must control their costs, operate efficiently, and keep their prices competitive. They must also build a customer base and find ways to increase sales.

example, a retail store may earn revenue from the sale of products and services, as well as from interest earned on investments. The store may also earn revenue from the sale of gift cards or from the sale of advertising space. The store must then control its costs by managing inventory, negotiating favorable terms with vendors, and minimizing labor costs. Finally, the store must keep its prices competitive and find ways to increase sales, such as through promotions, discounts, or loyalty programs. If the company is able to do these things, it will be able to make a profit.

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Answer 3

By earning more money then spending.