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The profit is small. The expenses are slightly less than the gross income. Restaurants and grocery stores work on a small margin, but make up for it with a large sales volume.

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∙ 16y ago

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Related Questions

If profit margin is low how a business make high profit?

If the margin is low, then the business needs a large volume of sales. This is a mormal state of affairs for many businesses particularly when there is competition from other businesses. A petrol station may have a margin of only a few cents per litre but it sells 1000's of litres every hour.


How can a business make high profit if profit margin is low?

If the margin is low, then the business needs a large volume of sales. This is a mormal state of affairs for many businesses particularly when there is competition from other businesses. A petrol station may have a margin of only a few cents per litre but it sells 1000's of litres every hour.


Should the date on a business letter be included in the margin?

No, the date on a business letter belongs at the margin, not in the margin.


Is the date in a business letter in the margin?

No, the date on a business letter is between the margins within the body of the letter, Place the date at the margin not in the margin itself.


Sentence for the word on margin?

The polling had a low margin of error.


What is an operating margin in business?

In business, an operating margin is the revenue of a business minus the operating expenses. It is the ratio of operating income divided by net sales.


What is the standard margin in a business letter?

A business letter is typically a letter written to a company. The standard margin in a business letter is one to one and a fourth inches.


What is a good profit margin for an ornamental wrought iron business?

A profit margin you can live on.


What is the business of business?

The profit or the net margin, losses or the risk etc.


What is low profit margin?

A profit margin is the amount you make on an item verses that cost of the initial purchase i.e. Bought a widget at 100 sold at 200 profit 100 Low profit margin is when a very low amount is made on the item.


What is a low profit margin?

Where you have a low profit apposed to a higher profit


How profitable is the metal window and door manufacturing business?

The metal doors, sash, frames, molding, and trim industry is an extremely competitive industry with a low profit margin.

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