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Personally, having knowledge on how my business is at the time of 'start-up' will enable me decide if to reinvest all my profits.For me it’s a Yes. What about you?
Personally, I think it is wise to reinvest all profit earned back into the business at an early stage of the business. It builds growth and provides monetary backings for the business when needed. When starting a business , it's very important for the business to manage it funds and other resources.
Is it wise to Re-invest all your profit as startup?
We are of the same view. There's absolutely nothing wrong with that. But one must be wise in planning out how to do thisThere is no harm to re invest your profit in the business because it depends on the people interest and choice that what they decide to do with the profit they gain whatever they choose to start business or investment again as I hear that people get profit and they started a new business from the coming prophet but I am not hundred and one person show that is a truth or lie but most of the Businessman who are experience in this field they always follow this pattern.
It's not advisable to reinvest all capital cos investment is risk and anything can happen so that's why is not advice able it is rather fixing the profit in a fixed accountFor me it’s a Yes. What about you?
Personally, I think it is wise to reinvest all profit earned back into the business at an early stage of the business. It builds growth and provides monetary backings for the business when needed. When starting a business , it's very important for the business to manage it funds and other resources.
Is it wise to Re-invest all your profit as startup?
Plough back profit doesn't necessarily mean pump back all profit in the sense that you put all your profit back, it's advisable to put more profit back info the business and save a little for yourself to serve as a motivation that the business is workingAs far as you have already gotten your capital. Like you said it's wise to re-invest your profit if the business is at its peak. It will boost your business and make you to always be in stock; always ready to take your customer orders
Depends on your business potential. If your business is already making a lot of profits and if you want to use your profits to invest in your business so that you can introduce new products, it can be wise decision.
To me I don't see the need until the business is well established just as you said , remember it is the profit that I will use in paying of employees and doing business maintenance.Depends on your business potential. If your business is already making a lot of profits and if you want to use your profits to invest in your business so that you can introduce new products, it can be wise decision.
I agree with you.Personally, having knowledge on how my business is at the time of 'start-up' will enable me decide if to reinvest all my profits.
If there is need to expand, am sure going to reinvest.
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