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profit

The surplus remaining after total costs are deducted from total revenue, and the basis on which tax is computed and dividend is paid. It is the best known measure of success in an enterprise.

Profit is reflected in reduction in liabilities, increase in assets, and/or increase in owners' equity. It furnishes ... more

Which Organizational Structure is Right for Your Business?

When setting up a new business, you should pay careful attention to designing your company's organizational structure. This should be decided according to your company's size, industry and aims. You ... Read Full Article

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One Perspective on a Company Doing Poorly

by Peter Lynch

Just because a company is doing poorly doesn't mean it can't do worse. ...Read more

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