Profitability and Maintainability in Business

[Seno inyang]

Most business owners are after their profits and fails to look into maintaining their businesses which may eventually collapse along the line unnoticed. Choose maintenance and profits will come in without struggling to get it.

 

[Kvngsammy]

One secret to achieving profitability is make sure that your products or services are delivering value or meeting needs. That way, people would always come money in hand begging you with little resistance.
Always ensure you maintain the standard and you'll see income coming anyhow.

 

[Godspower]

Most people try to make profit at all cost in a business, even at the expense of producing quality goods and services. Some businesses even try to cut corners in order to maximize profit. However, an ideal business should always be transparent and accountable in all its dealings while still maintaining high quality goods and services.

 

[Toyoabasi]

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.

To ensure continuous profitability in your business, your customers must have a good enough reason to keep patronizing.
It could be good customer service due to quality products or services provided.
This would help maintain your business and ensure continuous profits.

 

[kayode10]

It is good to always produce quality products to the marketplace. Some people are cutting down on the quality of the product they are producing in order to make more profit. But these practices are bad for the business

 

[Josan]

These are the two things that are required in a business, if this two are defeated no need for that business. And to achieve this you must have good products.

 

[ganibade]

Profitability is the act of make money in a business enterprise.This profits is use to mentain that business and the employee to make business grow.

 

[kayode10]

You need to maintain a positive cash flow in order to create a profitable business. You you also need to bring automation into your business in order to improve the rate of production.

 

[Good-Person]

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.

I believe that producing high-quality products is one of the most essential part of any business. Unfortunately, most of the companies lose high-quality when it comes to manufacturing products and they no longer provide high-quality products when they become famous. This is what I have noted.

 

[Shigobad20201]

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.

In order to maintain a business in a way that will brings a good profits to the business , you have to be producing a quality products that will bring in more customers , and you also have to have a good customer relationship skills.

 

[eLdavis]

You need to maintain a positive cash flow in order to create a profitable business. You you also need to bring automation into your business in order to improve the rate of production.

What about in rural settings where most do not have access to these machines, what do you think should be done to increase production? Hire more hands?

 

[Sotherefore]

Most business requires understanding and that is just one of the most important things.... Without proper understanding it might really be difficult. Quality product is also very important but sometimes a good understanding of the business you are doing will cover all these things.

 

[Lens]

Profitability is a very important point that must be taken seriously in any business. If the profit of a business dwindle, it is at the verge of collapsing because that's the major purpose of every business.

 

[Dagm1]

There are many factors that a business must consider in order to maintain profitability and maintenance. For example, the business must continue to provide high-quality services, as well as evolve and find new ways to stay ahead of the competition, such as using digital marketing and focusing on customer relationships.

 

[Mayox25]

For a business to maintain profitability and sustainability it must continue to deliver quality products and services to customers and clients. Profit only cannot keep a business going retaining customers is key therefore good customer relationship is paramount.

 

[Thinker009]

Profitability and maintainability is one of the characteristics or features of a business and inorder to make more gains yiu have to place a very good location for the business and do more promotion for the product

 

[greenie]

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.

 

[Abigael]

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.

Those are very good points that you have mentioned. A business should really have all those factors in place so as to be fully productive. I love the idea of being fully responsible for its stakeholders and the society at large.

 

[Shigobad20201]

Most business owners are after their profits and fails to look into maintaining their businesses which may eventually collapse along the line unnoticed. Choose maintenance and profits will come in without struggling to get it.

Most business are after the profit because all they ever create the business do is the profit instead of finding a way to maintain the business to avoid getting collapse anytime.

 

[YERUS]

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.

You are right.
If you want to ensure that your business remains profitable, then you have to maintain it by ensuring that you offer quality and excellent products and services. Listen to customers' complaints and address them as soon as possible. Be consistent.