• @jimbolauski@lemmy.world
    link
    fedilink
    11 year ago

    Not sure if you are being sarcastic and think 8% is huge or you are being sincere and think 8% is poor. 8% is average compared to other industries.

    • @Skiptrace
      link
      11 year ago

      8% is tiny. Like, microscopic.

      In my industry, if your Profit Margin per ticket is less than 70% for a long enough time, your gonna go under. (Automotive Repair)

      • @jimbolauski@lemmy.world
        link
        fedilink
        31 year ago

        I doubt your profit margin per ticket includes over head costs. Is sounds like it’s mostly direct costs that are included. If your shop truly had a 70% profit margin the owner would be loaded, for every 100k you charge customers they would be taking home 70k in profit.