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because business is all about the large profit at low budget
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∙ 12y ago
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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 !
Why retained profit is important to a business?
retained profit is important to a business because it helps in maintaining the business secrets as the business is using the internal source of finance, is also important because it is a way of saving interest
Why is profit important to businesses?
If there is no profit the business fails because thats the reason for the business in the first place. :-)
Why is profit important to a business owner?
Profit is an important reward to business owners since in setting up and running the business the owners are taking a risk with their money. They make nothing if the business does not generate a profit. This also applies to shareholders, since they are also the owners.
Is profit the only business of business?
profit is not a business of business .But the business runs with a small inception of profit
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 !
Why profit is not important to a business?
Profit is important to businesses because it is how they continue to remain open. When a business isn't profitable it will cease to exist.
Why retained profit is important to a business?
retained profit is important to a business because it helps in maintaining the business secrets as the business is using the internal source of finance, is also important because it is a way of saving interest
Why is profit important to businesses?
If there is no profit the business fails because thats the reason for the business in the first place. :-)
Why is cost important in business?
because the lower the cost the more profit the business makes profit = revenue - cost
Why is profit important to a business owner?
Profit is an important reward to business owners since in setting up and running the business the owners are taking a risk with their money. They make nothing if the business does not generate a profit. This also applies to shareholders, since they are also the owners.
Why is profit important?
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."
What is it important for business manager to know the size of a gross and loss profit of a business?
It is important to know the size of a gross and loss profit for a business, because this is the only way to set a budget. It is important in making sure that goals are met throughout the year as well.
Is profit the only business of business?
profit is not a business of business .But the business runs with a small inception of profit
Why is the study of accounting important?
it is important because accounting allow us to monitor the profit of the business
What is the connection between profit costs and expenses?
Profit, costs, and expenses are important within any business' profit and loss statements. The connection is that anything that is more than the costs and expenses of a product or service offered by a business is profit.
Why are costs profit and revenue important?
Revenue is important because it is the money that comes into the business and the business will be able to use it on any possible equipment or resources that are needed. Profit is important because it is the money the business has after deducting all the costs. The business will be able to spend this money on any equipment or resources that are needed. Costs is important because it helps the business see how much money this business will have after payng for all the costs.
