krynes15 krynes15
  • 07-10-2020
  • Business
contestada

If Yes, why is making a profit a good thing?

Respuesta :

aloma38 aloma38
  • 07-10-2020

Answer:

Yes

Explanation:

Making profit is a good thing because 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.

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