Why Profit is the only thing to strive for

Profit is the net income after operations n business costs

Profit is useful and important for survival of business

Here are some examples

.As an owner if you grow your business big enough you no longer need a salary but you become a shareholder who regularly gets dividends tax free ....company pay 20 percent dividend tax

.profit can be invested to increase capacity by hiring more people or expansion to new markets

.Invest in Research and development DNI did that we will soon have an online training program for entrepreneurs

.fund new ads n marketing strategies

.use as reserves or savings

.pay taxes

If you are unable to pay taxes reason could be your your business is not profitable. You need growth to be profitable suported by efficiency productivity and cutting costs you will be profitable

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