• Skiptrace@lemmy.one
    link
    fedilink
    arrow-up
    1
    arrow-down
    1
    ·
    1 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
      arrow-up
      3
      ·
      1 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.