Can the business turn a profit if it is in the red?

SHAHID987 · Feb 12, 2023

Its the role of management to analyse what is strongly wrong with the business due to which it turned red, the point is if that loophole will be identified and overcome then it will easy to get success again.

Starmix · Feb 13, 2023

If your business was in red the other year, then most possibly after some months it turned good or promising. If it continues, of course, you need to close your business. But adding additional capital would make your business great again.

Bisolami · Feb 13, 2023

Shavkat said:
Can a company make a strong recovery if it had poor sales last year and was in the red? To be in this position, they seem to have to put in more effort. It would eventually go bankrupt once it failed to materialize.

This may be possible it will be very hard. It is likely for that kind of business to fail.

uptrendfinancialsignal · Feb 15, 2023

The business can become very successful with serious marketing strategy adopted.

Shavkat · Mar 13, 2023

hastral45 said:
Anything changes can occur at any time in the course of operation of a business enterprises. It all depends on the efforts put in place by the management of that business.

I do agree that it cannot be controlled with these changes. However, we still need to anticipate what would happen in the future of the business. If they are not alert enough to handle this, it would be a big dilemma for the company to progress.

Niyi Briggs · Mar 13, 2023

Business is like chess. One good move can change everything. When an organization is in red, don't be in a hurry to decide the next move. Take time out to think and strategize best solutions and implement them.

Can the business turn a profit if it is in the red?

SHAHID987

Notable

Starmix

Popular

Bisolami

Very Familiar

uptrendfinancialsignal

Well Known

Shavkat

Very Familiar

Niyi Briggs

Well Known

Connect With Us