Home » Questions » What are the role of profit in business?

What are the role of profit in business?

Salman Qureshi Staff asked 3 years ago
1 Answers
Salman Qureshi Staff answered 3 years ago

Profit is a a source of income and is a mean of livelihood for the owner of business . Profit helps in increasing the volume of business. It also acts as an index of performance. It helps to gain goodwill in business circles.