when a service based company makes around 50k in revenue and 10k net profit before it's owner gets a salary considered good? I genuinely need to hear your opinion and obviously that 10k needs to be re invested in the business every time to attract more customers
50k in revenue but only 10k net profit
byu/Efficient_Win_2320 inbusiness
Posted by Efficient_Win_2320
2 Comments
If you paid yourself a fair employee wage, would you be making a profit?
What is the time period? Is this a qtr, year, a job? Are you just starting out? Established?