How to Make Sure Your Business Stays Profitable:

In this day and age of constant economic and financial changes, it is quite possible that your business might fade away and might not prove to be what it was once. Here are some tips to keep a business alive and afloat.
• Locate the demand of your product to find where to strike
• Understand and apply the concept of fixed and ongoing costs
• Keeping in mind the long term pricing while analyzing a particular project.
• Keep partnerships in mind
• Make use of existing profits for your business/company
• Be realistic while setting a target.