What are the Benefits of Business Turnover?

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In running any business, turnover is one of the factors that business people want to know. Turnover is also known as operating revenue, which is the total money obtained from product sales or receipts from services during a certain period, which can be in daily, weekly, monthly or annual amounts. Turnover will always have an impact on profits, turnover is also often used as a reference or benchmark for business performance. So you think. are there any benefits to business turnover?
 
With high business turnover it shows you are having high sales and profit too. So we needs it.
Agree mate, that's a very good indication that the business is doing well. It's a pleasure for the business owner.
 
Agree mate, that's a very good indication that the business is doing well. It's a pleasure for the business owner.
That's right when you have high turnover you would know that people love your products and services
 
That's right when you have high turnover you would know that people love your products and services
Yes people like the services and the qualities of their products. That's a clear indication of customer retention.
 
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