Managing a business firm is not an easy task that even professional businessmen experience losses and bankruptcy. Oftentimes, engaging into business requires a combination of excellent managerial skills and vast amount of luck. Everyone in the business world aims to maximize their business capacity to earn profit thus they look for possible ways to expand the reach of their market while cutting down their expenses as much as possible. The underlying concept beyond the general accounting formula for solving the net profit of our business taught us that there are two essential variables we should take into consideration if we wanted to maximize our business profit. First is to increase our sales figures and second is to reduce our expenses. We won’t be digging too much about basic accounting principles but I just would like to emphasize the huge impact on your net profit is contributed by these two essential factors. Basically if our sales figures are high and our expens
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