What’s a good profit margin for your business? There’s a quick answer to this question. A good profit margin is usually 10% or higher for most businesses, though this varies significantly by industry.
A firm’s net profit margin is a key indicator of its profitability. Analyzing it can tell potential investors whether the business may be a good bet. Gross profit is the profit a company makes after deducting the costs of making and selling its products or services. It's also referred to as gross income.
explain profit margin, explain, expound, explicate, elucidate, interpret mean to make something clear or understandable. explain implies a making plain or intelligible what is not immediately obvious or entirely known. EXPLAIN definition: to make plain or clear; render understandable or intelligible. See examples of explain used in a sentence. EXPLAIN definition: 1.
explain profit margin, to make something clear or easy to understand by describing or giving information about it: 2…. Learn more. Find 123 different ways to say EXPLAIN, along with antonyms, related words, and example sentences at Thesaurus.com. To explain is to make plain, clear, or intelligible something that is not known or understood: to explain a theory or a problem. To elucidate is to throw light on what before was dark and obscure, usually by illustration and commentary and sometimes by elaborate explanation: They asked him to elucidate his statement.
