Nice Turnover, shame about the profit

What is the difference between Turnover and Profit? The turnover of a business is the amount of revenue it has earned in a particular accounting period. The profit of a business is the amount remaining after deducting from the turnover the expenses incurred in earning...

Common Causes of Business Failure

Most businesses go through ups and downs; tough times and better times. So how does a business owner know the difference between a blip and a downward trend? Well, most business owners are technical experts in their field but generally would not be expected to...

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