Theoretical aspects of formation of profit and profitability

This article presents the main theoretical and practical aspects of the formation of profits and profitability of the enterprise. The main directions of maximizing profit and profitability are formulated. It was clarified that the main factors affecting profit are the structure of demand for a product in the market; fulfillment by an economic entity of contractual obligations for the supply of products; rhythm and seasonality of production and sale of products; reducing the cost of production and others.