Differences between profit and profitability


Suggest a fictional business you would be interested in starting. You will be using this same business in other weekly assignments during the course.

You're seeking financing for your business, and potential investor has asked you to provide more information.

Write down a 400- to 500-word response to your potential investor in which you do following:

Explain the products or services your business will offer and the resources--materials, supplies, building, and so on--that you will need for your startup.

Determine the differences between profit and profitability and how you plan to use your profits to increase your business profitability.

Describe how you expect your business may be affected by the laws of supply and demand.

Format your paper consistent with APA guidelines.

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Business Management: Differences between profit and profitability
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