Profit Organizations vs Non Profit Organizations

A non-profit organization is formed for the public good. Non-profit organizations are usually formed for religious, charitable, or educational purposes. Instead, Profit organizations can be formed to conduct a variety of legal businesses. The main reason for forming a for-profit organization is to make a profit for the owners of the company. Use of earnings … Read more

The difference between Profit and Profit Margin

It is very common for the terms profit (also known as profit or profit) and profit margin to be used synonymously, but they are not. The profit or result is measured in terms of monetary figures, while the profit margin is expressed as a percentage of sales; Both measures are complemented for the purpose of … Read more