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Business strategy
Importance of Sales in Business Sustainability
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[QUOTE="Mika, post: 330230, member: 29399"] The sustainability of your business relies on your ability to generate sales. Your sales should not only cover your business operational costs, staff salaries, and financial liabilities, but also marketing expenses, and in the meantime also have surplus money. The surplus money you have after paying your expenses, is your profit, you business will survive only when you are profiting. Without sales, businesses struggle to sustain themselves and may face closure. There are multiple methods of generating sales but the most important one is through advertising. You will have to advertise your products to generate sales. You will have to spend money to run ads but if you manage to generate sales, you can recover your ad budget as well as generate profits. [/QUOTE]
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