Business size and profit making

[Ehizzy1]

I think the size of the business really matters in measuring the rate of profitability of the business been set up , since actually there are business that are very small and have the limited profit they could make in a day , due to the amount of capital invested in the business i think , so it really matters

 

[Mostee501]

Making profits in businesses weather it's a big business or a small business,following the right part will lead to a successful business. Always pay attention to customers needs,provide customers with good quality service and be consistent in your business.

 

[Chumzy]

A profitbale small business is one that will continue to make profit. A small business making a loss won't suddenly turn to a profit because of size. Size can only create a multiplied effect based on what you have already.

 

[Cybersec]

Yes, it depends how hard you work towards that business, business doesn't determine how small it is, but determined how plan you make before starting up the business, so business size does not mean that the profit will big or small, but what matters is how you plan it to be.

 

[Cissé]

Profit-making in business doesn't depend on how size your business is profit-making in business depends on how the business owner advertised his product to people and how the business owner manage is business and how it get its product across to the customer's house and the owner render is service. The quality of product also determine profit making.

 

[Abelcairo43]

Yes, it depends how hard you work towards that business, business doesn't determine how small it is, but determined how plan you make before starting up the business, so business size does not mean that the profit will big or small, but what matters is how you plan it to be.

 

[Irfan Aslam]

Business size means not that there are massive money, and that profits are made in a sector so that they are not based on company size.
Before a business starts you should inquire, for example, where your company or business was going to be located and some question should be addressed such as How many companies or companies you are selling the same product? Is the location open to clients? Do I have sufficient material for the business to start? What technique should be used to win consumers' minds? What is the product price going to be?

 

[Philip Omotayo]

Small business does not mean small profit. There are business outlets when you see their location and store, you would be marvel that the amount of profits they make. Most essential products, that fast moving consumer goods are really product that bring about great profits and return.

 

[Husnainali]

You may be asking yourself, "What is a good profit margin?" Good margins will vary considerably depending on the industry, but as a general rule of thumb, 10% net profit margin is considered average, 20% margin is considered high (or "good"), and 5% margin is low. Is.

 

[oluwaseun tope]

A business may be big and should be making Small profit because economies of scale also matters in the set up of a business . In as much as the business is following good economies of scale then it will make large profit

 

[KvngMurphy]

Generally, the growth of a business is essentially an expansion, making the company bigger, increasing its market and ultimately making it more profitable. Measuring growth is possible by looking at some pertinent statistics, such as overall sales, number of staff, market share, and turnover.

 

[Ltherman]

Small business are thebmajor engine room and drivers of mostbofnthe world economies. Taking china as a lead example the systematically encouraged streams of entrepreneur to innovate within the economy and this has been the major stimulant in their economy. Most nations are only trying to adopt this model now. Small businesses contribute in great measure to the vibrancy of the economy.

 

[Kennysplash]

You are very correct. The fact that a business is small does not mean it will generate little profits. It all has to do with how you manage your business. If you do it the right way and the right time, you can boast of income that can equal that of big business.

 

[mayreeh38]

I have actually seen a small shop with expensive goods. And I have seen a big shop that the things inside are just petty things. The size does not matter. What matters is the quality of what you are selling and the customers patronizing you.

 

[odigomma]

Small businesses can struggle with profitability for a number of different reasons. They keep prices too low. They focus more on big picture ideas than real consumers. They have way, way too many expenses. The list goes on and on.

 

[shakky2]

the size of a business determine the profit to be earned for some business and products while for some other the size of a business does not determine the profit to be earned.so this discussion depends on the kind of business you are involved in and how it works

 

[Dowenship]

Well you are right but big businesses have more profit than small profit. The only thing I can say about small business is the responsibility might not be much compare to big business. But go with your notion of differences between there profit.

 

[Kamon c4]

This isn’t the true and I don’t agree to this. The size of business determines the profit. The amount you invest will determine your outputs. Truly you make huge profit from a business you started with small capital but you can’t compare to the profit you’ll make if you had invested huge amount of money.