What is a Healthy Profit Margin and How Can My Business Have One?
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What is a Healthy Profit Margin and How Can My Business Have One?
Everyone wants a profitable business, because if not… well what’s the point? You have a hobby, not a business. A profitable small business has a healthy net profit margin of 10% or higher. How do you calculate your net profit margin? A profit is earning more money or assets than you spent. The inflow must