How do you make sure that the business makes profits constantly?

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Bisolami

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• Feb 25, 2023

• #21

Niyi Briggs said:

Your busy would always make profits if you are diligent in your business operations. You know the right scale to operate at a time. You don't go overboard. That's where losses start setting in.

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Well, the profits may not roll in everytime but you should be able to manage your loss in a way that you will still make money

 

cherry123

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• Feb 25, 2023

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It is to keep driving sales because when you have sales you would make profit. So just drive sales and get your profit as you move the business to highest growth

 

Niyi Briggs

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• Feb 25, 2023

• #23

Bisolami said:

Well, the profits may not roll in everytime but you should be able to manage your loss in a way that you will still make money

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This is true. It is good to expect losses once in a while but you should not let the occurrences of losses outweigh the frequency of profits. It would close down the business.

 

cherry123

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• Feb 25, 2023

• #24

It is more like trying to make sure that you prevent a lot of loses from happening. you need to fight damages, risks, fraud and other things that will take away the business profits.

 

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Stardom22

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• Feb 25, 2023

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• #25

Profits for the business can only be guaranteed when the businessmen work hard, consistency, towards achieving the set goals and objectives of the businesses. However without these being considered the business can barely make any profit.

 

astutimeliana723

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• Feb 25, 2023

• #26

As for me, I am more interested in businesses that are more general in nature, have a wider target market, can enable people to make repeat purchases. That's my way of making sure that the business is making continuous profits and remains busy at all times, not seasonally.

 

Chibson

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• Feb 28, 2023

• #27

employing people who are very much competent is one of the best ways of making sure that your business still profitable for a long time. Without competent people you will have a lot of problems.