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Business vision and long term Business objectives My business I have chosen is a partnership is a type of business entity in which partners (owners) share with each other the profits or losses of the business undertaking in which all have invested. My business aims are My business objective is a target which my business has set itself. The target will be short term long term (five years). It is important that the targets are regularly reviewed; this will help my business to measure its progress. My Business Objectives: Profit: Profit is the difference between the income of the business and all its costs/expenses. It is normally measured over a period of time. In my business I want my net profit to represent fewer expanses associated with the normal running of my business.Net profit shows how well the business performs under its normal trading circumstances. It is used to calculate the primary efficiency ratio...

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