Formation and distribution income of the enterprise

Abstract

Regardless of the profile of the enterprise, in the process of activity, the formation of its income always occurs. It is this aspect of the activity that is most important for all stakeholders - the owners of the enterprise, employees, the state, since the successful formation and proper distribution of income allows all participants in production activities to ultimately achieve their financial goals - primarily increasing welfare and quality of life, making a profit. Income is the primary incentive to create new or develop existing enterprises. The opportunity to make a profit encourages people to look for more efficient ways to combine resources, to invent new products that may be in demand, to apply organizational and technical innovations that promise to increase production efficiency. Working profitably, each enterprise contributes to the economic development of society, contributes to the creation and enhancement of social wealth and the growth of the well-being of the people. Regardless of the profile of the enterprise, in the process of activity, the formation of its income always occurs. Income is the primary incentive to create new or develop existing enterprises. The opportunity to make a profit encourages people to look for more efficient ways to combine resources, to invent new products that may be in demand, to apply organizational and technical innovations that promise to increase production efficiency. Working profitably, each enterprise contributes to the economic development of society, contributes to the creation and enhancement of social wealth and the growth of the well-being of the people. An important task of every enterprise is to obtain large incomes, at the lowest cost, by saving in spending money and increasing the efficiency of their use. This means that all expenses are covered by the corresponding income. In this regard, the role of special knowledge in the field of economic analysis and planning increases: income, search for reserves to increase profits and profitability.