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Business strategy
Recovering business profits_Reasons some businesses can't do so.
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[QUOTE="Mikes smithen, post: 304462, member: 90053"] Business organisations should always make it a habit to create separate accounts for business activities in order that they do not put money meant for the business profits as well as money that should be used to replace stocks and inventories in the business organisation in an account where the business generates gains to facilitate it progress. Business organisations should absolutely make it a habit to always separate business profit from business gains. Indeed business profit and business gains are totally two different thing and what basically separates business gains from a business profit is that. A business gains simply refers to the money generated when cost of production have been subtracted of the profit generated from the selling of business goods and services. Determining the financial position as well as performance of a particular business organisation can definitely be derived effectively from a business gain not necessarily from the business profit. Business owners should definitely differentiate their business gains from the business profit and by doing so they will be able to recover reasonable income. [/QUOTE]
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