https://i1.wp.com/tappadvisory.com.au/wp-content/uploads/2019/12/business-man-reading-paper-800.jpg?fit=800%2C276&ssl=1 276 800 dlx-admin https://tappadvisory.com.au/wp-content/uploads/2020/01/tapp-advisory-logo310x55-opt.png dlx-admin2019-10-09 00:40:272020-02-13 17:08:39Why is Profit Important
Businesses need to stop making excuses when it comes to performance. Over the last 3 decades the 2.3 million businesses in this country have produced about 3.7% in after tax profit. Australian businesses produce half the profitability of US businesses on average and one third of local businesses ran at a loss! If you include all of your assets and not just bricks and mortar or equipment then you should be calculating your ROE on the total figure.