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As much as companies make core money from sales of their products or services, this is only 'turnover' and and costs will be deducted from the turnover until you are left with profits or losses.
Say I sold a chair for £20, that is my turnover, but I had to buy or make the chocolate bar myself first, which costed me £5, and the elivery costed me £2, when I take these costs off, I am left with £13, and that is my profit.
If you do not make profit, you will actually LOSE money overall and you will go bankrupt.
What else can I help you with?
What is Profit-making companies?
A profit making organisation is an organisation which its priority is to make a profit rather than to help the community.
When was Archive - non-profit publishing organisation - created?
Archive - non-profit publishing organisation - was created in 2009.
Which is grammatically correct a non-profit organisation or an non-profit organisation?
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Why is profit maximization a primary goal to an organisation?
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Is Asda Walmart a profit or non profit organization?
i think that it is a profit organisation as they make money out of what they do such as own brands etc
What is profit seeking organisation?
are the group of people provide goods and services in exchange of money or to get profit
What is a non-profit or a not-for-profit organisation?
It is an organization that exists to serve a purpose as opposed to make money.
What is the community of organisms?
To promulgate the organisation's interest whether those are profit or non profit making interests.
What are the rules of management?
he is responsible for the overall profit planning of the organisation
What is the description of profit organisation?
Something that you do in order to make money. You make an investment and hope to get it back plus a profit. By the fact that you asked this question I figured that you did not need a long drawn out explaination, just a simple basic answer.
What does a monopolist competition do to maximize its profit?
If a company or organisation is a monopoly it has no competition. Therefore it can do anything it wishes to maximize its profit
What is the purpose of community organization?
To promulgate the organisation's interest whether those are profit or non profit making interests.
