Some people think that the only way to judge someone’s success in business is by the amount of money they make. Is money a true indicator of the success of a business? In what other way could success in a business be measured?

In today’s world , it is often argued that successful businessmen have lucrative income from their firms and its profit is a measurement of their Business growth.

However

, there are other aspects, which will be discussed in

this

essay,

also

play an essential role in the booming trade. One of the main reasons why a successful business is measured by its revenue is that it is directly proportional to the products sold in the market.

In other words

, economists examine the annual revenue of companies and score their development. To elaborate more, If a company is gaining enough wealth, it means the products are utilised publicly and consumers like it .

For example

, China has a billion dollars revenue and is considered to be a super economic power. Admittedly, Its corporations diversified worldwide and regardless of their low-quality products, people buy them extensively.

Furthermore

, a business can grow substantially when it’s high budget allows CEOs to establish branches internationally, advertising its products, hiring well-experienced employees leading to substantial development of firms. These strategies are hardly applicable to low funds.

Consequently

, money is a real measurement for developing corporations.

On the other hand

, several factors contribute to business growth.

Firstly

, when entrepreneurs manufacture qualitative stocks, there is no complaint. As a consequence, some customers could not be satisfied with the quality of products.

Secondly

, warranty and return or updating policies significantly increase the customer flow.

For instance

, Apple company usually replaces old mobile phones with the latest one, that results in customer satisfaction, eventually leading to company growth. To conclude, high profit is a widespread indicator of a successful corporation;

nevertheless

,

such

trade is obviously measured by its quality products and organised policies.