Nearly everyone in business understands the concept of turnover and profit and the essential differences between them. It is also widely conceived that one of these two elements can be impressive whilst the other disproportionately languishes behind. The relationship between turnover and profitability are rarely linear in that with each unit sold the net earnings [...]
Category Archives: Finance in Business
Cash Drain of Starting a New Business
The level of finance required when starting a new business can vary depending on the type of operation and the individual approach taken towards setting it up. One aspect synonymous with all business start-ups is the scenario where monetary resources are expended before any revenues are received. This cash drain can be a substantial depending [...]
