How long did it take your new business to generate profit?

[Kross]

That wasn't bad as it is always good to give a business the right time to generate profit so you don't give up easily

Sometimes, you put in much efforts and nothing really comes out of it because a business must complete the cycle it would take for it to be profitable.

 

[Augusta]

profit making in business comes with some factors. you would start and see profit immediately while others see profit later

 

[Trush Jodie]

It might take up to months to even have your first sale. Profiting might take up to six months. But you just have to hold on.

 

[Augusta]

We cannot see a profit of our business right away. We need to establish it first and once it becomes stable we can see the continuous profit. It's always the case once operate a business, it needs patience.

This is what every business owner should know you need profit to keep a business but you have to be patient to start seeing the profit

 

[Springtime]

The amount of time varies. That depends on the economy, demand for your products and your marketing and sales strategy. But I think a new business will take at least 6 months to a year to start making profit.

 

[Starmix]

In my milk tea business in the mall, it took me three months before I cleared all my expenses like franchising fee, space rent for 3 months advance payment, training expenses, water and electric outlets installations fee and other miscellaneous fees. It's not easy, but this time I'm happy to have saved some from the profit of my milk tea business.

 

[Suba]

Actually, the food stall that I opened in the office building, on the first day was already full of buyers, because I had previously recommended it to my coworkers. but to calculate the profit, it takes at least one month so that the payment of costs can be calculated. So my business can make a profit after one month.

 

[Starmix]

We cannot profit right away. Putting up a business takes many considerations and legalities. The capital we spent matters most. It takes some months for be to see my profit. After 3 months I gained daily profit.

 

[Suba]

In a month we can calculate all the costs incurred, both building rent, electricity and water costs, raw materials, etc. Furthermore, we can calculate the profit by subtracting the costs from sales. If it is positive, it means we are making a profit, while negative means a loss.