Why is profit a requirement for business? -

Well if you re the owner, what do you expect to feed, clothe, and house yourself on if not profit?

Return on investment is necessary for a business to continue. If the business is a corporation, stockholders want dividends and/or growth. Otherwise they would be letting the business use their money for free.If the business is privately owned and operated, the business owner wants a return on his investment of time, money and effort. Otherwise, there is no point in working.If you own and operate a bakery as an individual, the profit is your income.