Concept and types of profitability

Now when creating a new business or running an existing business, you need to have an idea of the desired performance of the organization in order to stay at the current level or improve the financial performance of the organization. The main need of a commercial organization is the desire to receive and increase profits. This article discusses the meaning of the words "profit" and "profitability" and their types. The study and analysis of such an indicator as profitability makes it possible to judge the success of a commercial organization in the use of labor and money resources.