When my Companies CEO pay is $5,000 per month, your companies ceo pay is $1million . Which companies are more profitable? There are good BBA (Business degree) People out there who are qualified CEO & only ask for $5000 monthly salary.
Fixed Assets like land, shop, warehouse, ... unit should be considered investments. Not taken into as business expenses. This makes company more profitable. This is because most of these fixed assets investments can be recovered back after selling them when the companies are shut-down. And because fixed assets is a big lump sum, if take as business expenses make most businesses unprofitable.
Make your workers happy to work for the Company.
The above profit formula is so simple, but some millionaire mba ceo is unable to apply correctly. You need to make the employees hardworkingly do many economic productions.
Do not kill (terminate) employees unnecessary, only when no choice. Do not kill ideas, projects, r&d (research & development), sub-companies, ... unless really necessary.
When employees start stealing companies funds & goods, if left unpunish, become mass stealing. When there are mass stealing, the companies go bankrupt. Use original softwares. Quote source of ideas. If you do not steal, wealth slowly add up in the Companies.
When there is adultery in the companies, GOD curses the companies to have bad lucks resulting companies failures. If the employees commit adultery all the time or polygamy, all they think of are sex. How can they perform in the companies?
Do not lie. Everyone must give accurate reports. So that the CEO can run the Companies effectively.
Do not problems. Solve problems. The companies with many problems are very difficult to run.