Making a profit for the first time is a huge milestone for any business. Whether it is a tiny one person operation or if you’re Amazon making a profit after 14 years in business, it’s kind of a big deal.
Hopefully, it doesn’t take your business over a decade to reach profitability. But when that magical day finally happens, what are you going to do with the money?
Profit is the money your business retains after all of your business’s expenses, costs, and taxes have been paid.
https://startupmindset.com/youre-business-is-profitable-here-are-4-things-to-do-with-the-money/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+startupmindset+%28StartUp+Mindset%29
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