Profitability and Maintainability in Business

[Tariq Shehzad]

To achieve profitability and maintainability in a business must:

1. Produce quality products
2. Operate efficiently and effectively
3. Be socially responsible and ethical

A business man has responsibilities towards its stakeholders. The stakeholders are groups with a stake in the success and outcomes of a business e.g. customers, employees, investors and government regulators etc. The society at large is also a stakeholder as it is also affected by the business. The businesses are concerned about the effect of the production and distribution of their products on environment.

 

[Patrik]

i can guarantee that your social skills will help you a lot, i have seen a lot of people losing deals with different clients and customers just because they don't know how to talk with people , some of them are unfriendly and some don't even know how to convince people to sell them something

 

[Trexxxy]

For a business to maintain profitability and maintenance, there are a lot of factors, the business must continue to deliver high quality services, also the business must keep evolving find ways to stay ahead, utilise digital marketing, work on costumer relationship and so on.

 

[Tariq Nazir]

I think in profitable business you need many items. First of all you should be aware all skills related to your business. And you should be committed to your goals. Your abilities too count for your business profit. Many more things are necessary for your growth. But one thing is mandatory, that's your luck.

 

[joy101]

For a business to maintain profitability and maintenance, there are a lots of factors, you must continue to deliver a good service or quality, find a way to market a good services to your customers.

 

[Damismiling]

To achieve this two, maintainability and profitability , some things must be considered or some principles must be adhere to of which some of them are,:
Ensure proper management
Monitor employee
Prioritize customers satisfaction and ensure feedback is welcome from customer
Deliver quality services and product
And many more

 

[Kinglegend01]

Profitability is the ability for a business to earn a profit. A profit is simply the revenue left over after you have paid all the costs and expenses related to your business activities. It is also a measure of efficiency – and ultimately its success or failure. And Maintainability is the measure of the ability of an item to be retained in or restored to a specified condition when maintenance is performed by personnel having specified skill levels using prescribed procedures and resources at each prescribed level of maintenance and repair. I think both go hand in hand. The main purpose for maintaining a business is to yield more profit and a good and profitable business should be maintained.
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Profitability is the ability for a business to earn a profit. A profit is simply the revenue left over after you have paid all the costs and expenses related to your business activities. It is also a measure of efficiency – and ultimately its success or failure. And Maintainability is the measure of the ability of an item to be retained in or restored to a specified condition when maintenance is performed by personnel having specified skill levels using prescribed procedures and resources at each prescribed level of maintenance and repair. I think both go hand in hand. The main purpose for maintaining a business is to yield more profit and a good and profitable business should be maintained.

 

[Sincerem]

The profitability and maintainability of business should be focused on at large in order drive the business forward to actualize the demand of the customers. Stakeholders are entities that comes together have stake in a business initiative and claim their own stake when the business achieve success.

 

[Donkiz]

For the business to be profitable and sustainable you need to ensure that the core aspects of the business which are products and services are given utmost attention. Also customers relationship need to be developed and maintained by ensuring that they are given excellent customer service at all times.

 

[Chumzy]

Profitability is an ability for the business to run with a profit from it's operations, while maintainability is the ability to keep the business going in the best possible way. A business is able to maintain itself if it operates profitably. A business without profit will find it really hard to live up to the activities and ensure that it's activities are good

 

[WhiteHouse]

And also Dispose of the superfluous non-required items and administrations, services, or potentially discover more reasonable, pointless services.
Track your funds, and measure for changes brought about by the decrease in the amount you are spending.

 

[GIFTMICHAEL]

A profitable business should be able to produce quality products .
Operate effectively and maintain high ethical standard.
Maintenance in business is very important because with maintenance a business can not function effectively and efficiently.

profitablity and maintainability in business produce the best products that is what makes it profitable.

 

[nwankwovivian247]

Profitability is an ability for the business to run with a profit from it's operations, while maintainability is the ability to keep the business going in the best possible way. A business is able to maintain itself if it operates profitably. A business without profit will find it really hard to live up to the activities and ensure that it's activities are good

 

[Nurudeen]

The best way to make money with Business most especially when you are the manufacturer is to get your raw materials from the rural villages at cheap rate. It is important to start from here and get a good market to sell your products to after the final production.

 

[Adexgrace]

Lots of business focus more on profitability and care less on maintainability. But in actual sense both should be given lots of consideration and attention in business. Because a business not maintained will crush down soon. And it is not the joy of business owners for their business to crush down.

 

[Ridorz]

Maintaining of business is very important in which to make business keep existing, this term include the maintaining of customers, equipment/materials that using to produce, maintenance of income to use it for purpose in which to make your business profitable.

 

[Seun4luv]

This is aims to enhance business profitable and competitiveness through continuous cost-effective improvement of production process efficiency, effectiveness and productivity, which will be achieved via maintaining and improving the quality of all the elements contribute in the production.

 

[iamgroot]

To achieve profitability and maintainability in a business must:

1. Produce quality products
2. Operate efficiently and effectively
3. Be socially responsible and ethical

A business man has responsibilities towards its stakeholders. The stakeholders are groups with a stake in the success and outcomes of a business e.g. customers, employees, investors and government regulators etc. The society at large is also a stakeholder as it is also affected by the business. The businesses are concerned about the effect of the production and distribution of their products on environment.

Very well said. Those 3 on the list are very vital and essential to maintain and enhance everyone's business' capacity to be more profitable. Maintaining the customers for being satisfied to the service that theyre receiving is one of the keys to maintain a business' legacy.

 

[Kehinde]

mutual funds are safe. Investors should not be worried about short-term fluctuations in the returns while investing in them. You should choose the right mutual fund, which is sync with your investment goal and invest with a long-term horizon.

 

[Hammad1245]

i can guarantee that your social skills will help you a lot, i have seen a lot of people losing deals with different clients and customers just because they don't know how to talk with people , some of them are unfriendly and some don't even know how to convince people to sell them something

There are two things which make the business successful.
First make quality products.
Second, as you have mentioned in you post, you should have the proper way of dealing. If you have these things you are going to be successful.
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i can guarantee that your social skills will help you a lot, i have seen a lot of people losing deals with different clients and customers just because they don't know how to talk with people , some of them are unfriendly and some don't even know how to convince people to sell them something

There are two things which make the business successful.
First make quality products.
Second, as you have mentioned in you post, you should have the proper way of dealing. If you have these things you are going to be successful.