The secret in using turnover to get wealthy.

[Niyi Briggs]

Turnover in business is the ability to sell out stock at a fast rate and re stocking to continue the cycle. Wealth is not about the amount of profit but the rate of turnover. If you do a business where 100 people pay you 10 cents everyday, you are surely going be wealthy.

 

[Magnus2022]

I concur with you. In business what matter is whether you are selling. The profit margin is of less importance. Once you are able to be making selling,the business will be successful.

 

[cherry123]

Exactly, what we need all the time Is high turnover. When you have good turnover daily you make good money too.

 

[Bisolami]

Turnover in business is the ability to sell out stock at a fast rate and re stocking to continue the cycle. Wealth is not about the amount of profit but the rate of turnover. If you do a business where 100 people pay you 10 cents everyday, you are surely going be wealthy.

This is very necessary for every business owner to know because turnover will surely help your business to grow and help you to grow wealth

 

[cherry123]

Without a good turnover it will difficult to have a good measure of profit for a business.

 

[Enxx]

It is not only in stock that it is used. I have used this method in cryptocurrency trading and helped me to turn a small Investment to a bigger one

 

[cherry123]

It is for the business owner to increase sales and more profit will come to help the person remain rich.

 

[Enxx]

But some people don't do this because they do think what they will earn will be small

 

[Shavkat]

The term turnover is the people who resigned in businesses. This is something new to ponder when it comes to using a business term.

 

[cherry123]

Business owners need to keep having high turnover as it will help them make more money.

 

[uptrendfinancialsignal]

You can definitely increase your turnover rate and make larger sales if you reduce the prices of your products.

 

[flower]

The turn over that is needed for a business is a huge turnover that is going to make the business record huge profits and that could be done through proper marketing strategy.

 

[Heatman]

Turnover in business is the ability to sell out stock at a fast rate and re stocking to continue the cycle. Wealth is not about the amount of profit but the rate of turnover. If you do a business where 100 people pay you 10 cents everyday, you are surely going be wealthy.

There is no point in making profits from the business and taking everything to save in the bank. It is more better for you to invest a big part of it back into the business so that you increase your profit making.

 

[Niyi Briggs]

Turnover for me is greater than profit margin. Smart business people chase turnovers while the not so smart chase profit margin.

 

[IB D]

Turnover for me is greater than profit margin. Smart business people chase turnovers while the not so smart chase profit margin.

This is very deep. We business people don't understand that the rate of sales is a determinant of how much profit you would have within a period of time. We believe we have to make up to the percentage profit we want.

 

[Chibson]

I think having a quick turnover is always important and necessary in any business venture. People should always consider faster turnover over profit margin any day any time in the business environment.

 

[Shavkat]

It is not only in stock that it is used. I have used this method in cryptocurrency trading and helped me to turn a small Investment to a bigger one

I am amazed that you did this through the use of cryptocurrency. I am not that good doing so yet. In time, I would be able to explore more about it and indulge myself to it full-time.

 

[Heatman]

Turnover for me is greater than profit margin. Smart business people chase turnovers while the not so smart chase profit margin.

As long as you keep investing your business turnover into your business, it is always going to give you a better chance of promoting and expanding your business.

 

[oldbuddy]

Turnover in business is the ability to sell out stock at a fast rate and re stocking to continue the cycle. Wealth is not about the amount of profit but the rate of turnover. If you do a business where 100 people pay you 10 cents everyday, you are surely going be wealthy.

I do business where 1 website pays me 0.7% on the deposit I earned there for free and I put that deposit along with the interest I just earned right back in to do it again the next day. I don't need to make any sales and don't even have any stock.

 

[Chibson]

Consistency and discipline is always important to achieve this in any business venture. I have come across a few people who used a little amount of money in sports betting to turn it to a huge amount.