Importance of profit-making to a business.

[TOZZIBLINKZ]

Profit-making is the second most important goal and objective in a business organisation after the satisfying of the needs and wants of members of the public . And although majority of business owners supplement profit making as the main goal in their business organisation instead of satisfying the needs and wants of members of the public but what this seems to not understand is that they cannot make profit in business except they satisfy the needs and wants of members of the public who possibly come in as patronizes and as customers and clients to the business organisation to get their needs and once satisfied and in turn the business organisation makes profit . Profit making is a means of making income generation in a business organisation and also it could be seen as a way of generating revenue in order to boost the business and take it sectors and tiers to the next level in order to achieve and reach greater and higher heights .

A business organisation not able to make expected and planned amount of profit is considered to be unhealthy and such business as time goes on May become bankrupt or possibly a common liquidated . One of the common reason why businesses do not make profit as expected and as planned is literally because they are totally unable to produce , sell , and render the right kind of quality goods and services to members of the public for the purpose of buying and for the purpose of themselves making profit in turn .

 

[Axis]

You are many importance of profit-making to a business. When a business makes profit it will prevent the business to run out of funds and we know that we need business runs out of funds it can sometimes terminate crumble and even close down the business which can be bad. So therefore when a business makes profit in your day-to-day activities it will enable them handle financial problems that may arise in the business. And also developing the business to a more greater stage or even developing into a large-scale business. When profit-making are made the business it to give the manager the ability to pay workers their salary not just your salary but paying it on time and also this can I motivate and encourage their workers to do more in the business does increasing the business efficiency too. When a business makes profit to make him it can enable this business to invest in other than business or other businesses in order to facilitate more acquiring of money which can also grow the business as well.

 

[CALVINDOL]

After the goal and objective of satisfying the needs and wants of customers and clients, the making of profit and income in a business organisation is considered to be the second-most mandatory and paramount goal in which a business must have . And as we already know the satisfaction of customers and clients needs and once definitely goes hand-in-hand with the actual making of business profit and if we are not able to make business profit as expected and as planned it definitely means that we have not been able to satisfy the needs and wants of customers and clients that we encounter in our business .

A business who doesn't make profit is considered to be unhealthy and from what we have learnt and unhealthy business is more likely to go bankrupt even become liquidated within the test of time . To make sufficient business profit you must first conquer the satisfaction of your customers and clients. Every business owner knows how important and beneficial his or her encountered business customers and clients is to the existence of a business organisation that is why he or she will definitely do his or her utmost to satisfy and make them feel comfortable .