How to start a business
Owning your own business is what many dream of. However, after making a decision to open your own business, you need to realize the full responsibility of this step and…

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What you need to learn before becoming a businessman?
1. Time management. Many speak about it, but the most part of such people does not own this interesting skill at all. The essence of time management is to learn…

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Business ideas for the New Year
1. Sale and rental of Christmas trees. This business idea is very profitable, although it is associated with huge competition. Since mid-December, Christmas trees are sold at almost every step.…

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Does business need a blog?
A blog is an online diary (or as it is sometimes called, a journal) in which some records, thoughts, articles, and multimedia files are constantly added. Compared to a regular…

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production efficiency

How to calculate the profitability of the enterprise

Being engaged in business, it is important to understand how your activity is effective. It is impossible to determine by this profit margin alone. After all, in order to make a profit, you must first use any resources, be it money, equipment, and so on. Therefore, what you invest, also can not be discounted. The profitability index takes into account both profits and costs, so with its help you can most accurately determine how efficient your business is.
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