Is Net Profit Important for Business?

[Suba]

Net profit is excess income from business activities after deducting costs and expenses, including deducting income tax, so we often call it net profit after tax. We can also use net profit as a benchmark for business performance in making profits. The greater the net profit of a business, it indicates that the business' finances are healthy and performing well. So do you think business profits are important for your business?

 

[Xtynehappy]

As far l am concerned, the net profits is the heart of the business. In fact that is the aim at which all business activities are conducted for. That indeed very important for the business sustainability and achieving it's goals for sure.

Net profit is excess income from business activities after deducting costs and expenses, including deducting income tax, so we often call it net profit after tax. We can also use net profit as a benchmark for business performance in making profits. The greater the net profit of a business, it indicates that the business' finances are healthy and performing well. So do you think business profits are important for your business?

 

[King Belieal]

Net profit is the true profit of any business. That's the part of revenue that can be shared to the shareholders or ploughed back into the business. It is important for a business to assess the level of it's net profit within a timeframe.