As a business, your primary goal will be to make money. As a result, you might measure your business’ success by its profit. With lots of money going in and out of your business, it won’t always be easy to know how much money you’re making. But calculating your profit can help you to keep track of your business’ financial health.  This can also help you to establish whether you need to make improvements in certain areas. After all, you might be generating a lot of sales, but that doesn’t necessarily mean you’re making a decent profit. If costs are high, your profit might not be as healthy as you’d like, meaning you’ll need to see where you can make cutbacks.