this post was submitted on 21 Aug 2023
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If a company sets its mark at not making profit, it does not mean it runs at a loss.
Was I unclear?
Profit is what is left after all expenses are paid, including salaries, and a company can run with a non profit objective and still create jobs with fair salaries.
Profit is the end goal for the so called investors that have no real involvement in the day to day operations of companies and demand quarterly reports with ever increasing revenue.
If a company makes enough money to pay salaries, replenish stocks and/or provide ita services and pay its daily and monthly expenses it is not running on a loss. Profit is not a requirement for a business.
I am aware that non-profits exist as a concept, but that's irrelevant to what we are discussing which is how profitability and viability are not necessarily linked