profit is not a business of business .But the business runs with a small inception of profit
profit is important for a business because without profit there is no business. they need to generate profit to keep the business alive. profit well help the move up the business ladder to become a more successful business !
why is profit requirment for a business?
There is mention of relevance of profit in regard to a business organization, but no mention of irrelevance of profit in business.
Profit, profit and profit.
profit is not a business of business .But the business runs with a small inception of profit
one of the objectives of a business is to earn profit to improved their wealth.
Profit means the difference between revenues and expenses. This left over amount is the business owner's reward for the risk they took in undertaking the business.
profit is important for a business because without profit there is no business. they need to generate profit to keep the business alive. profit well help the move up the business ladder to become a more successful business !
why is profit requirment for a business?
There is mention of relevance of profit in regard to a business organization, but no mention of irrelevance of profit in business.
Profit, profit and profit.
profit.
the importance of profit to a business?
I'm not sure there is a legal answer to that, but I think of it as an activity with profit as its motive.
== == I'm not sure what you mean by "umbrella". It cannot be a part - like a division - of a for profit business. I presume you mean can a qualified tax exempt not for profit Incorporated entity be a subsidiary of a for Profit Co... No. A zillion reasons, but lets leave it as it couldn't be a qualified NFP entity. ::edit:: A for-profit business can in fact start a non-profit. Of course, there are stipulations regarding management, operation, board structure, and inurement of funds, but the underlying point is that, though challenging, it is possible. http://www.socialedge.org/features/skoll-world-forum/discussions/business-models/creating-a-hybrid-for-profit-non-profit-social-enterprise-structure/view ::end edit::
== == I'm not sure what you mean by "umbrella". It cannot be a part - like a division - of a for profit business. I presume you mean can a qualified tax exempt not for profit Incorporated entity be a subsidiary of a for Profit Co... No. A zillion reasons, but lets leave it as it couldn't be a qualified NFP entity. ::edit:: A for-profit business can in fact start a non-profit. Of course, there are stipulations regarding management, operation, board structure, and inurement of funds, but the underlying point is that, though challenging, it is possible. http://www.socialedge.org/features/skoll-world-forum/discussions/business-models/creating-a-hybrid-for-profit-non-profit-social-enterprise-structure/view ::end edit::