Blogging for profit is very hard to do in any circumstance. You would need some sort of expertise in an area and have the backing of advertisers or a publication.
There are several ways in which one can make a small business extremely cash profitable. Some of these are: develop a profit strategy, invest in marketing, setting a profit goal, etc.
what are the similarities and differences between profit and profitability?
Some companies are more profitable than others because they make better business decisions. When a company is struggling to make a profit, they must look at industry leaders.
The best blog site is debatable. Some individuals favour Blogger, some favour Xanga, some favour Live Journal, while others favour Wordpress. Depending on what services an individual requires from their blog, the best blog site may be yet another blog site.
"The farmer realized that he could make a profit by growing pumpkins." "Those who owe money profit from inflation, while those with savings are hit the hardest."
If considered, tobacco and sugarcane are cash crops. If grown on a large scale they give a lot of profit as the output. On a small scale, they are enough to fulfill the needs of the farmer and some extra profit.
For some people telecommunications is profitable.
Profit Pooling is when a manager chooses the most profitable activity in an industry and decides to engage in that activity for the purpose of generating large proportion of profit from the industry. Example: Education industry - there are many activities in this industry, some are more profitable than others, a strategic manager will consider external and internal elements (Weakness, strength, competitor, law, etc.) to engage in one of the activities for the purpose of earning Above Average Return (AAR). If he succeeds, then we can say there is profit Pool from education industry. -Jude Ehiokhihen E.
a non profitable business could be something like a school or a college. They are NON-PROFITS because they do not made money in the way a profitable business might. The sole purpose of a non-profit is to volunteer a service without profiting from it, such as a hobby, social club, senior citizen centers, area chess club etc.
I would say that it is very profitable to buy investment properties. I would definitely recommend this if you could get investment properties on sale. Some websites offer 50% off investment properties. On that kind of deal you would save money and also profit.
Selling some consumer electronics and accessories online or any other products with some good profit margin are really profitable. You can search for such products online or innovative products usually have very handsome margin.
Some of the disadvantages of a sole proprietorship include: 1. Taxation: the profit (assuming the company is making a profit) is considered income to the individual and taxed at the individual's tax rate. 2. Liability: the individual has personal liability for the business. This can be mitigated, somewhat, by insurance coverage but your personal assets may be at risk.