English, asked by Anonymous, 5 months ago

Why do businessman earn profit? ​

Answers

Answered by Shubhangi09
2

Earning profit is important to businessman because profitability impacts wheather a company can secure fanancing from a bank, attract investors to fund its operations and grow its business. Companies can't remain in business without turning a profit.

.. Hope it helps you..

Thanks my answer and mark as brainlist and follow me..

Answered by MizzFamous
13

Explanation:

{ \huge{ \texttt{ \fcolorbox{lightgreen}{lightgreen}{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.

__________________

Bio sahi hai xD

__________________

@MizzFamous~☁️

Similar questions