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Any business that has a profit motive, and fills a need where others do not. A business by itself it supposed to be profitable, and there are many ways of making it more profitable, but that takes an analysis of the business, customers, marketing, etc.
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∙ 14y ago
Alan Jackson
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Why is profit important for a 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 !
What makes people start a business?
The desire to earn profit, grow their money and investments are the causes of people to start a business.
Why is cost important in business?
because the lower the cost the more profit the business makes profit = revenue - cost
How consumer demand affect business?
if demand for anything is more than that product will sell more, if there is no demand for an item then that will not sale.so if sales are more there would be more profit ,if sales are less profit will also less. more profit means a good business and less profit means that business is not in a good position. i hope now u can understand it.shortly more consumer demand more good business,less consumer demand less business.
How business affects consumers?
if demand for anything is more than that product will sell more, if there is no demand for an item then that will not sale.so if sales are more there would be more profit ,if sales are less profit will also less. more profit means a good business and less profit means that business is not in a good position. i hope now u can understand it.shortly more consumer demand more good business,less consumer demand less business.
Is profit the only business of business?
profit is not a business of business .But the business runs with a small inception of profit
Can you differentiate between profit and non-profit making business?
any business u making money more than your expenses thas is profit otherwise loss
How do you get a loan with no job no bank account and no credit?
Start a non profit business
What software do you need to start a business?
You don't need any software to start a business. In fact it would be better if you were to learn first gen entrepreneur--pencil and paper--to get at least an idea of what is necessary.
How do you start a retail business?
You start a retail business by finding a source for reasonably priced merchandise that you can sell at a profit. You then need to find a place to sell the merchandise.
What are the benefits of running a business?
more profit and no middle man
Why profit is needed to business?
why is profit requirment for a business?
