Question

in business why it is essential to make profit​

Answer 1

Answer:

if u will not have profit then what will u get the result of doing business..

Answer 2

ANSWER : Profit equals a company's revenues minus expenses. Earning a profit is important to a small business because profitability impacts whether a company can secure financing from a bank, attract investors to fund its operations and grow its business. Companies cannot remain in business without turning a profit.

EXPLANATION :

Earning a profit is important to any business. Earning a level of profit gives an idea of whether a company can secure financing from a bank, attract investors to fund its operations and grow its business.

Earning a profit is important to any business. Earning a level of profit gives an idea of whether a company can secure financing from a bank, attract investors to fund its operations and grow its business.We must understand it clearly that companies cannot remain in business without turning a profit. Before owning a business, one must know the significance of profitability in business management and develop strategies that results in the best chance at remaining profitable.

Earning a profit is important to any business. Earning a level of profit gives an idea of whether a company can secure financing from a bank, attract investors to fund its operations and grow its business.We must understand it clearly that companies cannot remain in business without turning a profit. Before owning a business, one must know the significance of profitability in business management and develop strategies that results in the best chance at remaining profitable.Why essential to make profit? Your provided all options closely fit in for the answer.

Earning a profit is important to any business. Earning a level of profit gives an idea of whether a company can secure financing from a bank, attract investors to fund its operations and grow its business.We must understand it clearly that companies cannot remain in business without turning a profit. Before owning a business, one must know the significance of profitability in business management and develop strategies that results in the best chance at remaining profitable.Why essential to make profit? Your provided all options closely fit in for the answer.Profit helps to expand business operations

Earning a profit is important to any business. Earning a level of profit gives an idea of whether a company can secure financing from a bank, attract investors to fund its operations and grow its business.We must understand it clearly that companies cannot remain in business without turning a profit. Before owning a business, one must know the significance of profitability in business management and develop strategies that results in the best chance at remaining profitable.Why essential to make profit? Your provided all options closely fit in for the answer.Profit helps to expand business operationsIncreases the ability to borrow money

Earning a profit is important to any business. Earning a level of profit gives an idea of whether a company can secure financing from a bank, attract investors to fund its operations and grow its business.We must understand it clearly that companies cannot remain in business without turning a profit. Before owning a business, one must know the significance of profitability in business management and develop strategies that results in the best chance at remaining profitable.Why essential to make profit? Your provided all options closely fit in for the answer.Profit helps to expand business operationsIncreases the ability to borrow moneyAttract finances

Earning a profit is important to any business. Earning a level of profit gives an idea of whether a company can secure financing from a bank, attract investors to fund its operations and grow its business.We must understand it clearly that companies cannot remain in business without turning a profit. Before owning a business, one must know the significance of profitability in business management and develop strategies that results in the best chance at remaining profitable.Why essential to make profit? Your provided all options closely fit in for the answer.Profit helps to expand business operationsIncreases the ability to borrow moneyAttract finances Open window for more hiring.