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What is a good profit margin for consulting?
As much as you can get SUCKA!
What is a high profit margin?
A high profit margin is a good indication that a business is doing well, and has financial stability. This also shows that the company has good control over its costs in relation to its income.
What must a business consider when setting a selling price for a good or service?
A business must consider profit margin
What is a good gross profit margin for a gift store?
£250, 000.
A higher profit margin indicates a more profitable company that has better control over its costs compared to its competitors?
Yes, companies with more profit margin are good at managing their cost. The variable cost associated with the product is low, which allows them to see more profit.
What is a good profit margin for consulting?
As much as you can get SUCKA!
What is a good profit margin for an ornamental wrought iron business?
A profit margin you can live on.
What is a good profit margin for a service?
A good profit margin for services is 15 to 25%. Selling goods along with the services can help offset profits can keep the business going.
What is a high profit margin?
A high profit margin is a good indication that a business is doing well, and has financial stability. This also shows that the company has good control over its costs in relation to its income.
What must a business consider when setting a selling price for a good or service?
A business must consider profit margin
Candy Company had sales of 240000 and cost of goods sold of 108000 What is the gross profit margin?
Gross profit = sales - cost of good sold Gross profit margin = gross profit / sales *100 Gross profit = 240000- 108000 = 132000 Gross profit margin = 132000/240000 *100 Gross profit margin = 55%
What is a good net profit margin for a agricultural input supplier?
The margin should be around 10%.
What is net profit margin?
Net Profit margin is an indicator of the profitability of an organization. This refers to the actual amount of profit the company makes after deducting taxes and operating expenses. All company's strive to attain a good or rather high net profit margin. A net profit margin is also an indicator of the ability of the organization to control cost and also a good pricing strategy.Formula:Net Profit Margin = (Net Profit (After Taxes)/ Revenue) * 100%Note: It is easy to confuse gross profit margin and net profit margin. Gross profit is the amount of money left after paying for the operating expenditure. Net profit is the amount of money left after paying for operating expenses as well as government taxes. This is the actual amount of profit that goes into your pocket.
What is a good profit margin for a seafood market retailer?
25%
Is 30 percent a good profit margin?
A 30 percent profit margin is generally considered strong, especially in industries like retail and hospitality, where margins can be much lower. However, what constitutes a "good" profit margin can vary significantly by industry; some sectors, like technology or pharmaceuticals, may see higher margins. It's essential to compare it against industry benchmarks to assess its effectiveness accurately. Overall, a 30 percent margin typically indicates a healthy business performance.
What is a good net profit margin for a convenience store?
8%.
What is a good gross profit margin for a gift store?
£250, 000.
