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putting prices up

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βˆ™ 12y ago
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Q: How can a business increase its profit?
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Related questions

How does prepaid expense and accrued expense affect the profit of a business?

it will either increase or decrease profit. Prepaid expense should increase profit as the amount has been overstated.


Why business must increase?

To create profit for the stakeholders / shareholders.


How do you increase gross profit?

You increase gross profit by by either increasing your sales or reducing the cost of goods sold.


What are some ways to increase profit?

get a job (I'm talking about a business, not personally)


How increase number of investors can increase profit?

Increasing the number of investors will increase your capital. The more capital you have the more money you can use for your business. The more money is used for your business operations the more goods/services will be provided, thus increasing your turnover and profit.


What is the Reason for the decrease in net profit margin?

A reason for the decrease in net profit margin is when an increase in business running expenses incur.


What happens when sales increase and gross profit margin decrease?

A simple answer - expenses increased somewhere within the business. If sales increase, then so should the profit margin theoretically. If the profit margin decreases, then expenses increased.


Is profit the only business of business?

profit is not a business of business .But the business runs with a small inception of profit


What sainsbury is main purpose?

Its main purpose is to increase the marketing sales and make profit in there business.


Social responsibility of business is to increase its profit elucidate this statement in the context of the economists?

The social responsibility of business is to increase its profit elucidate this statement in the context of the economist. Social responsibility should not be meant for profits but to the thank the loyal customers for buying certain goods.


Why the increase or decrease in cash is different to the profit or loss?

Cash does not equal profit. For example, a depreciation charge is a cost to the business, but no actual cash is expensed.


How do you increase Net Profit without affecting Gross Profit?

Net profit can be increased by income from non operating activities of business like dividend income or interest income etc.