CALVINDOL
VIP Contributor
Most businesses make more expenditures and expense more than what they make as profits and incomes and to be sincere and honest such business is not healthy at all. Normally and originally a business is expected to make reasonable and consistent amount of profits and incomes more than what he or she spends as cost in making the goods and services available for sale or for rendering to customers and clients. The problems making most businesses to go bankrupt and liquidated could be because the business operators and managers makes way too many monetary expenditures and expenses without actually considering the amount of profit and revenue they make in the business possibly at the end of a particular week, month, or year. In order to resolve the matter of too much business expenditures you can start by taking note of which goods and services customers are more likely to purchase or buy. In this way you would not have to spend your available business revenue buying and purchasing stocks and inventories which customers and clients are not likely to buy.
Secondly you can try, the use of modernized and technology-based way of making goods and services available for the satisfaction of needs and wants of members of the public. Although modernized and technology-based strategy of goods and services production could need maintenance, but yet it totally cuts down the cost of production which a particular business would have encountered if it were to use manual means of goods and services.
Secondly you can try, the use of modernized and technology-based way of making goods and services available for the satisfaction of needs and wants of members of the public. Although modernized and technology-based strategy of goods and services production could need maintenance, but yet it totally cuts down the cost of production which a particular business would have encountered if it were to use manual means of goods and services.
