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Discuss the factors that make Nel's business financially sustainable

User Ingenious
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Answer:

Nel can be financially sustainable if he has access to capital, his business is profitable, he makes sure to report and plan consistently.

Step-by-step explanation:

There is not much context to this question, but I have tried to answer it as accurately as possible.

Firstly, let us delve into the definition of "financially sustainable". To be financially sustainable Nel's business would have to sustain ALL of his needs... food, gas, electricity, water, his home mortgage or rent, maybe pay for his pet's needs, go to the doctor's office, insurance...

Nel can gain from his business if it is

1. He is able to access the capital (he is the sole owner, is accountable for the businesses earnings, et cetera)

2. His business is profitable (net profit is positive and a considerable sum to live off of, by net i mean after tax and other considerations)

3. Reporting (constantly keeping tabs on his business)

4. Planning (his path to continuously growing his business is set, he is never not working to positively impact his communities with his business).

User Dnet
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