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What else can I help you with?
Is gross profit is the amount that the owners of a business get to keep as profit?
Gross profit is the amount left over after all expenses have been paid. The owner or owners or share holders do get to keep that money but, part of it and probably most of it will be put back into the business to help the business grow.
What are the advatages of sole proprietor ship?
these are the advantages 1. the profit accrued to the business belongs to the owner of the business 2. the owner has the right to the assets of the business,if he would like to invest those assets, he needs no permission from any person. 3. the only registration of the business is its name, and not necessarily
How do you calculate cash flow for your home based business?
I would recommend getting an accounting software to keep track of the cash flow for your home business. That way you can record how much you are spending and receiving and you can calculate your profit.
What is smart business model?
A model which brings the most profit to the owner. This means more value for customer, less cost for the owner and highly competitive advantage to prevent competitors.
How do you calculate profit margin ratio?
net profit/sales
How does piracy affect business?
it makes the legitimate business owner to make no profit and when the profit decline, workers loss their jobs
Does a business owner get paid in the startup process of a new company?
Only if the business is making a profit and the owner chooses to pay himself.
Who receives the profit from a sole proprietorship?
Either the sole proprietor or the profit may be reinvested in the business in which case the sole proprietorship.
What is uses of statistics in business organization?
easier for calculate profit
Are drawings an apportionment of profit?
Drawings are reduction of capital as it is owner withdrawal of cash from business and it do not affect profit.
What does profit?
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.
What meaning profit?
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.
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.
What were plantation owners usually paid?
A business owner is not paid a salary. He earns a profit.
What financial statement shows investments and withdrawals by the owner as well as profit or loss generated by the business?
The financial statement that shows investments and withdrawals by the owner, along with the profit or loss generated by the business, is the Statement of Owner's Equity (or Statement of Changes in Equity). This statement outlines changes in the owner's equity over a specific period, detailing contributions, withdrawals, and the net income or loss from the business operations. It provides a comprehensive view of the owner’s stake in the business.
How can one calculate profit in economics?
To calculate profit in economics, subtract total costs from total revenue. Profit is the amount left over after all expenses have been paid. It is a key measure of a business's financial success.
What exactly is a lease of business?
Leasing a business is paying each month to effectively be the owner and manager of an already existing company. The profit stays with you, but a portion goes to the true owner.
