In business and Accounting Services Knoxville, profit and value are often treated as synonyms, but they actually measure two different things: one is a snapshot of the past, while the other is a prediction of the future.If a business were a tree, profit would be the fruit it produced this season, while value would be the health, roots, and future yield of the entire orchard.Profit is a mark up above the cost price that a seller adds to goods and services… While Value added represents the increase in the value of good after it enters a production process! Value added is what we need to increase rather than seeking to increase profit.