The last line on a balance sheet showing profit and loss is an example of the bottom line. Deteriorating bottom line impacts the entire value chain of the business. Never leave your bottom line to the bitter end, the earlier you improve it the more successful your business will be.
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What are Features and Objectives of a Business?
Business is an economic activity of production and distribution of goods and services. It is an economic activity corned with creation of utilities for the satisfaction of human wants. It provides a source of income to the society. Business results into generation of employment opportunities thereby leading to growth of the economy. It brings about […]
8 Main Characteristics That Make a Good Business
There is much more characteristics to a good business than the definition of business, which is an occupation or trade and the purchase and sale of products or services to make a profit.
7 Numbers that Warn Your Going Out of Business
Accepting the fact that you can go out of business is the first step towards building a business that withstands time. There are obvious signs that reveal if your business is failing, but it might be too late then. Always analyses these numbers and be observant of them to protect your business. Learn about these […]
3 Important Principles Every Timeless Business is Built Upon
These are the 3 very important principles that makes every timeless business become classic companies that stand the test of time and serve generation after generation successfully.
How to Start and Build a Profitable Business?
Making a business earn even better and have a growth in healthy profit is the aspiration of any business owner. To start and build a profitable business following these practices will help in the long run. Gain Experience To build a profitable business you need to know the market you’re in inside out. You gain […]