If you have a higher income versus expenses can you consider this one as a good indicator in your business?
Answers
Answer:
If One has his or her income higher than his or her expenses then such pattern of income is a good indicator in business.
In maintaining money and business, one needs to always make sure that his or her asset column is greater than his or her liability column.
For example:– Monthly you are earning ₹50,000 and your monthly expenses are ₹30,000(including every expenses) then every month the saved amount is 20,000 but make sure this saved amount goes in asset column because the only way for a higher income is to increase one's asset column
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Answer:
If you have a higher income versus expenses can you consider this one as a good indicator in your business?
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