What is a good profit margin for a company 2024?
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Studied at Harvard University, Lives in Boston. Currently pursuing a career in medicine as a resident physician.
Average Business Profit Margins. The average net profits of a small manufacturing wood products business, with $2 million in revenue annually, according to the website "Biz Stats," is 14.56 percent per year. Medical equipment and suppliers, with $2 million in revenue, have a net profit margin of 26.95 percent annually.
2023-05-18 00:38:46
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Ethan Turner
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Average Business Profit Margins. The average net profits of a small manufacturing wood products business, with $2 million in revenue annually, according to the website "Biz Stats," is 14.56 percent per year. Medical equipment and suppliers, with $2 million in revenue, have a net profit margin of 26.95 percent annually.