From a business accounting perspective profit is the money left over after everyone who works for the business (including the owner) gets paid their wages, that then gets used for investment back into the business or paying shareholder dividends. Some small business people go down the toilet through thinking that "profit" = "their money", because it leads to not investing money in the business once you've started.
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Date: 2011-07-05 06:31 am (UTC)