TOZZIBLINKZ
VIP Contributor
A large majority of business owners who own and control various business organisations and commercial enterprises can testify to the fact that they are indeed making sales , but that at the end of the day are not able to track their earnings , profit , and income for the day , week , or month . sometimes the cause of these is as a result of not putting some important factors that determines business profitability into consideration . It is always advised that while making business sells and rendering business services it is always advised to separate money which serves as business profit from money meant for carrying out business cost of production so as to make it easy for you to track your income and money that signifies your business profit .
Another thing that make us not to have a reasonable amount of business income or earnings at the end of the day or at the end of a particular week is as a result of accumulating high amount or rate of business cost of production or cost of carrying out practices and activities . This is actually true , Because majority of business owners spend money on things that are on necessary and undemanded in the business organisation , for example getting a new motor van for the business when the business organisation already have good and well positioned 10 motor vans , is actually considered as an unnecessary or an undemanded business spending and expenditure .
Another thing that make us not to have a reasonable amount of business income or earnings at the end of the day or at the end of a particular week is as a result of accumulating high amount or rate of business cost of production or cost of carrying out practices and activities . This is actually true , Because majority of business owners spend money on things that are on necessary and undemanded in the business organisation , for example getting a new motor van for the business when the business organisation already have good and well positioned 10 motor vans , is actually considered as an unnecessary or an undemanded business spending and expenditure .