How is Profit Calculated in POS Business
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Now you have started POS Business in Nigeria, in your area, and you want to make it profitable as full time business.

It is good you know how is profit calculated in POS business and other businesses, you can add to it to increase income source.

A wise man once said that to survive in Nigeria, you need more than one source of income.

You do not need to argue with that, it is very true.

There is no much mathematics about this, you only need to keep record of your in-flow and out-flow.

With that, you will then be able to calculated profit in your POS business.

Here are factors that affect POS Profit

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Factors That Affect POS Business Profit

  • Bank Charges.
  • Maintenance Fee.
  • Store Rent.
  • Electricity Bill.

Do take record of this as well, with all this information (Data), you can be able to calculate your expenses.

Mathematically, to calculate profit, you need the sum total of overall expenses made then subtract from total income.

The answer is the profit.

Total Expenses – Total Income = Profit

Now You Know The How is Profit Calculated in POS Business

Let see what other business venture you can add that will boost your income as a POS Agent in Nigeria.

Profitable Business Ideas For POS Agent In Nigeria (To Add)

We made mention of lots of business ideas to add, doesn’t mean you should do all.

Pick what will work for and your location.

If you liked this article, then please subscribe to our YouTube Channel for VTU Website Business Video Tutorials. You can also find and follow us on Twitter and Facebook. Join our Telegram Group Channel Dosuggest Daily

Published on April 19, 2022 @ 5:09 am


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