The concept of profit and profitability is quite simple. In a formula, it looks like this: sales minus expenses equals profit. Every transaction should contain profit. If it doesn’t, it’s probably not a good deal for you. Similarly, at the end of the year when you consider your total sales and expenses, your business should show a profit. The greater the profit, the more benefit to you personally and the more likely your business will thrive.
While the following questions and answers may be of help to you, we invite you to contact us today for a no-cost, no-obligation conversation. Many business owners find this initial conversation highly enlightening in its own right, and often comforting. Plus, this time together allows us to answer specific questions pertaining to your business and your needs.