Profit Maximisation vs Wealth Maximisation:
Profit Maximisation vs Wealth Maximisation: Difference Between Profit and Wealth Maximisation When it comes to financial goals, businesses usually have two financial management strategies – profit maximisation and wealth maximisation. In order to successfully run a company, entrepreneurs must understand both and apply the appropriate one as per their business objective. So, if you are a business owner, keep reading this article. We will cover in-depth on profit maximisation vs wealth maximisation, enabling you to make an informed choice. What Is Profit Maximisation? Profit maximisation refers to strategies which can help a business generate maximum returns with minimum input. It includes the most profitable ways in which a company can manufacture goods or offer its services in order to increase the revenue left after deducting the cost of production. The main objective of profit maximisation is to increase the company’s value so that shareholders and investors get a profita