Depends on where you are looking to make a profit. In some cases a profit happens in seconds, while in others a profit never happens.
a week
Most businesses have to take a risk to begin with. It it very rare that someone can open up a business without having to take out a loan. So unless you are extremely wealthy most will not be able to financially survive at all without making a profit.
People in business do need to make a profit, or their business will fail, but profit is not everything. Profit made by illegal means can result in going to jail, for example. Profit made by socially destructive means (even if they are legal) harms the society in which you live. Short term profit is not always compatible with long term profit. So, there is a bigger picture.
The key to winning in the cash flow business is to watch that you do not overspend and that on average each transaction has a profit. The occasional loss is OK, as long as in the long run you profit.
They are both related because risk is needed in order to spend and make a profit. The more risk you take, the more you can gain or lose.
a week
I don't know, Figure it out yourself
Eskom makes normal profit in BB the long run
The time it takes to make a profit depends on the market, your start up costs and how much you charge your clients. If the demand is high and you charge a reasonable rate, then you may be able to see a profit within two years.
What type of a percentage an industrial partner will take from the company profit varies greatly depending on the type and size of the partnership. A partner might take up to 50% of the profit or might take less.
profit is important because profit represents the surplus working captial with company so to take care of its day to day operations In brief, "no profit, no business."
Income - Expenses = Profit if you take in 5000 and spent 3000 to do it you have made 2000 in profit
IF you are the rightful owner of the business you can take what you want from the business' profits as long as you follow all regulations and rules applied for the business. also the remaining profit must be able to pay any bills taxes employees etc...
In the long run, if a firm is making a profit more firms will enter. This will cause profit to drop. Firms will eventually drop out because of this and economic profit will makes it way to zero(a result of the invisible hand).
I can give you several sentences.We are in business to make profit.The profit on that sale is ten percent.It will profit you to take my advice.
what are the important factors that you would take into consideration while establishing a profit centre?
Most businesses have to take a risk to begin with. It it very rare that someone can open up a business without having to take out a loan. So unless you are extremely wealthy most will not be able to financially survive at all without making a profit.