Profitability and Maintainability in Business

[Seyesystem]

For a business to succeed there must be profitability and effective maintenance in the business if you maintain you business very well there is going to be more increase in the company sales. Every business that is well managed and maintained will surely generate more inflows in terms of more customers and more profit.

 

[Erik4150]

Maintenance is very important in every business. To maintain a business one must have a modus operandi. A set of rules by which the business must be run. A business owner must avoid taking unecessary risk that could affect his business negatively.

 

[Sariana23]

Very well described, there are many stakeholders in business success, from the owner, to the customers, to the government itself. In order to achieve the goals set, the points you highlight must be taken into account, since they are all intertwined. The products or services you offer must reach a satisfied customer and not affect the environment.

 

[Sincerem]

Very well described, there are many stakeholders in business success, from the owner, to the customers, to the government itself. In order to achieve the goals set, the points you highlight must be taken into account, since they are all intertwined. The products or services you offer must reach a satisfied customer and not affect the environment.

Yeah, your points match with the right answer. Their are stakeholders in the business sectors that stakes their claim on a particular venture and achieve success through staking. Meeting customers demand should should always be entrepreneurs, and stakeholder's priority.

 

[Sariana23]

Yeah, your points match with the right answer. Their are stakeholders in the business sectors that stakes their claim on a particular venture and achieve success through staking. Meeting customers demand should should always be entrepreneurs, and stakeholder's priority.

I love this @Sincerem "Meeting customer demand should always be a priority for entrepreneurs and stakeholders." By starting a venture and ignoring this point, is to have premature failure. Therefore it is of utmost importance to have quality products and meet the demand, which will give the business a boom.

 

[Abbeyola]

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.

Profitability and maintenance are very important and key aspects of the smooth running and operating system of a sound business organization, because with out each other being side by side, the business organization will suffer some set back.

 

[Shigobad2020]

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.

If you want to have and acheive profitability and maintainability in a business, you must first stop producing fake products and starts producing good and quality products, while you must learn how to maintain your business, money and staffs.

 

[Bilal0087]

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 have listed all the required skills for the successful business, I want to add one more thing which is customer satisfaction.
if your customers are satisfied with your dealing, he can easily earn huge profit, even from A Little business.

 

[Sincerem]

I love this @Sincerem "Meeting customer demand should always be a priority for entrepreneurs and stakeholders." By starting a venture and ignoring this point, is to have premature failure. Therefore it is of utmost importance to have quality products and meet the demand, which will give the business a boom.

You spoke wisely, the demand and satisfaction of the customers should be taken into account by the entrepreneurs, stakeholders. Cos, that is where their success comes from. Without customers i don't think any venture can take it higher.

 

[mubinadaddy]

To maintain profitability in your business, all the above that you are mentioned really need to be put into practice. Because you have said it all. If you don't produce quality products you might not be able to have a repeat sales from the customers.

 

[FreshKaz11]

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.

The best way to maintain a business and keep getting profit from it,is by producing people want and make it as much as possible not to ever get scarce for no reason or so ever, and make sure you keep updating your advertisement on social media always, because the more you advertise your business online the more client and the more client the more product you produce and the more you keep gaining so much profit from your business. That's the way you could keep the business maintenance and profitable as well.

 

[Sariana23]

You spoke wisely, the demand and satisfaction of the customers should be taken into account by the entrepreneurs, stakeholders. Cos, that is where their success comes from. Without customers i don't think any venture can take it higher.

Yes @Sincerem , there is no way for a business to be maintained without customers, and the best way to keep them happy and confident that more buyers will come, is to give them what they are looking for and expect from the company. It is the best way to profitability and maintainability of the business.

 

[Sincerem]

Yes @Sincerem , there is no way for a business to be maintained without customers, and the best way to keep them happy and confident that more buyers will come, is to give them what they are looking for and expect from the company. It is the best way to profitability and maintainability of the business.

You're correct, given them what they sorted for should win their hearts. Customer's demand is what matters too, if those customers aren't satisfied with what we offer they can flee way from what we deal on.

 

[Sariana23]

You're correct, given them what they sorted for should win their hearts. Customer's demand is what matters too, if those customers aren't satisfied with what we offer they can flee way from what we deal on.

That's why I call my attention to the thread, because it refers to quality products, ethics and responsibility. Here it enhances what we are talking about, the main purpose is the customer and his satisfaction. Otherwise as you write they can run away to the competition.

 

[Mostee501]

Profitability and maintaining your businesses is a key factor in business success by consistently providing good quality products and services and maintaining a good customer/clients relationship.

 

[Sincerem]

That's why I call my attention to the thread, because it refers to quality products, ethics and responsibility. Here it enhances what we are talking about, the main purpose is the customer and his satisfaction. Otherwise as you write they can run away to the competition.

You're there @Sariana23, the main thing is the satisfaction of the customers. This thread have given me more information on how to treat my future customers in order to keep them patronizing my products.

 

[Dowenship]

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.

Hmm if we say that the society at large is a stakeholder as it affected by business. The businesses concerned about the effect of production and distribution will be vastly more than the one we have today...

Post automatically merged: Mar 14, 2021

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.

Hmm if we say that the society at large is a stakeholder as it affected by business. The businesses concerned about the effect of production and distribution will be vastly more than the one we have today...

 

[Nicklas22]

You just have to ensure you produce the best and quality products, and also ensure you provide the right service and make you don't use fake materials and ensure you give the best to your customers

 

[tuna89]

Lack of profitability and maintainability are the major factors that cause a business to ruin and these two things must always be taken care of and put into consideration. to make maintainability effective, one has to understand how money comes in and leaves the organization, one has to ensure great customer services and workers' welfare amongst other cautions.

 

[Neeta313]

You are right, having quality products is very important. This will ensure that your customers always come back to patronize you. Also good customer service, people always want to go and get the services of those that treat them nice and make them feel valued as a customer.