Question

profit is essentail for business explain.
​

Answer 1

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:

I hope it's help you ✌️✌️(✷‿✷)