Business size and profit making

[singlej007]

Yes you have said it all, business is how you go about it, packaging and being consistent, be active in advertising, follow up to both old and new customers, make your customers feel well, be up and doing.

 

[Quert]

You are absolutely right, it doesn't define your profit by just looking at the size of your business. There are also big businesses as well but does not have that much profit. Of course there are a lot of factors to consider in evaluating the net income.

 

[Psalmsavatar]

I'm approaching it from a different angle, the size of a business has a lot role to play in determining the income. It should be noted that the value/worth of the business is included when we refer to size and the higher the stake, the higher the output.

 

[Nicklas22]

The bigger the size of your business the bigger your profit because a man who owns a barbing saloon shop can't earn much money like a man who's into real estate

So the bigger the size of your business and the number of business increases your chances of making more money but also the bigger the size of your business and the bigger

But most importantly the bigger and better gain you get when your business is big

 

[Chibson]

The size of business hugely determine the kind of profit that organisation will make. That doesn't mean that there are not some small businesses making more profit than larger ones. It is all about the working team of that organisation, the ability to manage financial situations within the organisation.

 

[Richmond funke abosede]

You may be asking yourself, “what is a good profit margin?” A good margin will vary considerably by industry, but as a general rule of thumb, a 10% net profit margin is considered average, a 20% margin is considered high (or “good”), and a 5% margin is low.Two to three years is the standard estimation for how long it takes a business to be profitable. That said, each startup has different initial costs and ways of measuring profit. A business could become profitable immediately or take three years or longer to make money.

 

[Victor-t]

Business size does not mean that the profit one will make there will also big and profits made in a business so not depend on the size of the business.
Before one started a business you need to do some research e.g about where you wanted to place your company or business and some question needed to be answer like How many company or an entity that are selling the same product you are about to venture in to? Is the place accessible to the customers? Do I have enough material to start the business? Which strategy to use to capture the mind of the customers? What will be the price of the product?

The business and the profit depends on the quality and the quantity of the kind of product you want to tell to your customers, from there you will know the kind of price that you can give to each of your product

 

[Aniwhyte]

Size of a business has absolutely nothing to do with profit making of a business or organisation, a small business could generate more profit than a large business, if handled by a competent personnel.

 

[MarieArie]

To be successful and remain in business, both profitability and growth are important and necessary for a company to survive and remain attractive to investors and analysts. Profitability is, of course, critical to a company's existence, but growth is crucial to long-term survival. It is well with all.

 

[Nabeel119]

The size of a business unit means the size of a business firm.It means the scale or volume of operation turned out by a single firm. The study of the size of a business is important because it significantly affects the efficiency and profitability of the firm.

 

[WhiteHouse]

Well the size of your company will also have influence on the profit making, to even make maximum profits in some industries you have to invest big and make your company size big like those digging for golds and all.

 

[idhans]

Small business doesn't mean small profit. Profit making in business doesn't have anything to do with the size of the business. The management of business funds determines the profit margin of the business. Decision making, advertising method, quality of services rendered and packaging of both the service and the business owner affects the profit making of a business not the size.

It is very true that you can make huge profit in any business irrespective of the size of the business. If you can work on the quality of your product, and services to your customers, you can make incredible amount of money despite the size of your business.

 

[Tariq Shehzad]

Yeah, your are saying right that the size of business doesn't matter for making profit but it only depends on the products and services that you are providing to your customers or peoples. They should be satisfied with your business products.

 

[Janita]

Exactly the size in business doesn't matter it should be that much profitable as it is producing there products.
People start doing business in large and they even invest for in a very long term but at one stage they failed and Lose the money and investment due to only one and small mistake,so business should be normal at start than after your selling products you can decide that it should move further or not .

 

[Nurudeen]

The truth most be told here. The total amount of money or profit you are willing to make in your business will be determined by the total amount of money you invested in to the business. You can't invest $2000 capital in a business and be expecting 2 million dollars profit, that's not possible.

 

[Bilal0087]

Small business doesn't mean small profit. Profit making in business doesn't have anything to do with the size of the business. The management of business funds determines the profit margin of the business. Decision making, advertising method, quality of services rendered and packaging of both the service and the business owner affects the profit making of a business not the size.

Yes dear you are very right the profit does not depend upon the business scale.
There are many small scale business which are earning huge revenue and profit, while there are many large scale businesses which are unable to earn high profits.
It totally depend upon planning strategies of a businessman.

 

[Niftyyem]

Being a small business doesn't necessarily mean a small profit but at thesame time when compared to big businesses, you would not expect its profits to exceed or be greater than that of the bigger business.

 

[Ebuka Stephen]

Yeah very true tho, the size of a business doesn't really determine if the business is profitable, sometimes what matters is the way the money is managed and the steps and decisions taken, even the type of products produce or sold can also determine if the business is profitable.

 

[Azam786]

Small business doesn't mean small profit. Profit making in business doesn't have anything to do with the size of the business. The management of business funds determines the profit margin of the business. Decision making, advertising method, quality of services rendered and packaging of both the service and the business owner affects the profit making of a business not the size.

It doesn't matter how sensitive or small your business is If your business can be too big, get out of it And you get leverage to grow your business faster Like a friend of mine, he owns a clothing store And he's making a lot of money out of itAnd he's making a lot of money out of it

 

[Odebunmi ajewamiri]

Your size of business really as a part to play out in the profit you make in your business because you can't not be operating a small scale business and get the same profit as someone who is operating Large scale business , the demand and supply would be different as well as the profit .