This indicator should be taken into account by everyone who owns a business: from individual entrepreneurs to international holdings.
If individual entrepreneurs can calculate profitability on their own, then business giants hire experienced audit firms that spend several months making calculations.
Knowing the company's profitability, an entrepreneur is able to:
make a decision on a bank loan that will increase the company's income;
A profitable business is more trusted, so it will poland email list be easier for the owner to get a loan from a bank.
prove its investment attractiveness to investors and shareholders;
manage processes more effectively;
It will be clear where the money is going, how much should be invested in the business in order not to go into the red.
answer questions from the tax authorities.
The Federal Tax Service may be interested in high earnings, growth of investments in business, which at the same time bring in little tax.
Profitability is a serious indicator of growth, success and effective business management. An unprofitable business is like buying marbled beef, marinating it according to a first-class recipe, and then forgetting it on the grill and getting coals.
