Tag Archives: #EconomicViability

What are the features of private sector enterprises?

Private sector enterprises feature

Private sector enterprises are businesses that are owned and operated by individuals or groups of individuals rather than the government. 1.Private Ownership: Private sector enterprises feature always own and control by private individuals or organizations. The owners bear the responsibility for the success or failure of the business. 2.Profit Motive: Private sector enterprises are driven… Read More »

How do I tell if a company profitability from balance sheet?

Company Profitability

Company profitability from balance sheet While a company’s balance sheet provides useful information about its financial position, it may not provide a direct indication of profitability. To determine a company profitability, one should look at its income statement, which shows revenue, expenses, and net income. To visit https://www.gst.gov.in/ However, the balance sheet can provide some… Read More »