Business Studies, asked by bayaridurga779, 6 months ago

why should a business earn profit​

Answers

Answered by queensp73
2

Hello !

 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.

Hope It Helps u :)

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