In capitalist economies, the primary goal of for-profit companies is to maximize their profits. This doesn't mean that companies focus on profits at the expense of everything else, though. Instead, ...

Writing in the WSJ last week, economics professor Paul Rubin “takes the community organizer-in-chief to task for his dismissive comments about profit maximization” (ht/E. Frank Stephenson): In ...

Unless you are a philanthropist running a nonprofit organization, your main motivation for being in business is to generate a healthy income. How you reach that objective, however, will depend on many ...

Maximizing profits in your business should be one of your primary goals. However, knowing precisely how to achieve this goal can be challenging. The truth is that there is no one perfect formula for ...

As a business owner, you know that the bottom line is key. No matter what industry your business is in, optimizing profit should be at the top of your priorities. Profit is essential to the success of ...