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According to Forbes the most profitable business to have is Accounting services industry includes services like bookkeeping, designing accounting systems, payroll billing and preparing financial statements and tax returns. Profits Three reasons of profit: pricing power (everybody needs Accountants, no matter how the economy is doing), low overhead and marketing scale, thanks to plenty of repeat clients.
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Why do Managemement require accounting information?
So they can see the business is still profitable - as if it is not then they, as managers, can do something about it.
What are the areas covered by Accounting?
Areas covered by accounting include: taxes, forensic and business accounting. Many industries require accountants to ensure they are profitable in business.
Most profitable food sold in us?
Pizza and chicken.
What is the importance of fixed costs versus variable costs in making a business profitable?
The importance of knowing which costs are fixed and which costs are very important in making a business profitable. In order to budget effectively, one needs to know costs that will always be the same (fixed) and the ones that sometimes change (variable).
Are check cashing business profitable?
Checking Cashing Business as a stand alone business is hardly profitable. The increase in competition has driven down rate to the point that you can hardly cover overhead, the banks, which you need to deposit your checks are squeezing the life out of check cashing businesses through various schemes including outright insane fees and the requirements for collateral deposits. The loss of the government check business is another deadly blow to the check cashing business. Beginning April, most government checks are now direct deposited in bank accounts or prepaid debit cards, just as many companies now require their employees to have direct deposit.
What are the most profitable business in the world?
One of the most profitable businesses in el salvador is Bar and Restaurant Business
What is the most profitable business in el salvador?
One of the most profitable businesses in el salvador is Bar and Restaurant Business
What is the most profitable small business in nigeria?
food business
What is the most profitable business in Asia?
agriculture.
What is the most profitable business on earth?
SmileClouds Machine
What are the most profitable business in the Philippines?
the most profitable business enterprise now seems to be the ABOITIZ POWER CORPORATION, the company engaged in electric power production and distribution.
What is the most profitable business in Nigeria?
The most profitable business in Nigeria is the food Business. No matter how poor or rich a person is, He is bound by mother nature to feed his body atleast twice a day. It is also the most profitable because it can be started up with little capital and the profits can be measured and seen immediately
What is the most profitable business?
Its probable crime, and criminal enteprises
What is the most profitable retail business in London?
ass eater
Most profitable nutrition business?
Probably the most profitable home nutrition business is Amway. Amway offers many other products that customers will also buy increasing the profit margin.
What is the most profitable home based business?
phone and internet scams
Is profitable company always successful in a business?
Profitable means that the business is successful, therefore yes, a profitable company is always successful in a business
