What is considered a low profit margin?
Asked 4 years ago
I am trading in beauty products and my profit margin is around 30%. It's a home-based business so no rent or salary or wages are included. I have experienced that my total profit is used to buy inventory. Is 30% profit quite low? Or anyone here is managing profit to make purchases as well as having some amount for a living? I am new to business so I don't have any idea. Your help is needed. Thank you!
Please follow our Community Guidelines
Related Articles

How to Prevent Your Shopify Account From Being Hacked
Brody Hall
April 27, 2023

How Sales Taxes Work When Dropshipping With AliExpress
Brody Hall
April 27, 2023

Nerdy Form: Easy Setup & Flexible Design
Kelli Harris
May 2, 2023
Related Posts
Can't find what you're looking for?