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How much profit should a bar make?

Updated: 9/18/2023
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Q: How much profit should a bar make?
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What is the average gross profit margin for a bar in Australia?

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As much as companies make core money from sales of their products or services, this is only 'turnover' and and costs will be deducted from the turnover until you are left with profits or losses. Say I sold a chair for £20, that is my turnover, but I had to buy or make the chocolate bar myself first, which costed me £5, and the elivery costed me £2, when I take these costs off, I am left with £13, and that is my profit. If you do not make profit, you will actually LOSE money overall and you will go bankrupt.


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