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Q: How long does it take for the average business to be profitable?
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How long does it take for business owners to make a successful business?

That depends on your definition of "successful". But if you are talking about how long it will take to become profitable then that is a question that should have been addressed in your business plan, developed prior to the opening of the business. Your business plan serves as the model and will show when you need to become profitable. Typically businesses have a period of time after opening to become profitable, which means it is surviving on the initial capital invested during that time. Therefore, it is important to measure the realty against the model and understand the variances measuring the monthly financial report against the budget. Making a business successful is unlikely since 90% of new businesses fail within the first 5 years. Also, the average business life span is 7 years. If it is a restaurant you will have more success than other types of business and will make more profit.


How long did it take Bing Steel to become profitable?

It became profitable within two years, and by 1990 sales had reached $61 million.


How long does it take for a build a bear to ship to your house?

The average is 6-9 business days. (Monday to Friday)


Is Cosmetology really a profitable business?

Cosmetology is definately a profitable business because of the sheer number of people who are not satisfied with their bodies, especially faces. Cosmetology tends to take a hit during recessions but once the economy is back up you can make alot of money.


About how long does it take the average new broker or agent to get his or her business off the ground assuming that he or she makes an average of 50 prospect calls a day?

six months to a year


Why does it make sense for unprofitable firms to stay in business?

Sometimes an unprofitable firm will have a business unit that is profitable. Operating the other units will help cover the overhead costs, allowing the business to take care of their bills.


What does a business transformation look like?

A business transformation can take on different forms. Through personal experience I have learned that a transformation basically means a business is being looked at to make changes to make it more profitable.


How do you you use the word profiteering in a sentence?

"The farmer realized that he could make a profit by growing pumpkins." "Those who owe money profit from inflation, while those with savings are hit the hardest."


How long does it take mail to be delivered from st pete Florida to Tampa fl?

For an average letter it takes 1 to 2 business days after it is mailed.


How long does the average order take to be fulfilled online?

It takes the average order 5-7 business days to be fulfilled online. However, it can happen overnight if more money is spent for expediting the order.


How long does it take to get a diploma in business?

two years


How long does it take to become rich?

business class