The Net Profit Margin – Shows the percentage of revenue remaining after all expenses have been deducted from sales.
The net profit margin will differ according to your specific type of business. The net profit margin is intended to be a measure of the overall success of a business.
A higher profit margin means the firm is more profitable. This also indicates that the firm’s services are priced correctly and cash flow is being used properly.
Your profit margin percent will depend on your industry, however, a good rule of thumb is that your profit margin should be 15% or higher.
This is just a brief review of what we will cover during the Financial Exposed Workshop on April 12th in Atlanta, GA. The purpose of the workshop is to help you better understand your numbers then use this key information to grow your business. Reserve your seat today!
CEO of Say Yes To Profits, a virtual CFO and bookkeeping firm that focuses on educating dentists, consultants and services-based businesses on how to use their numbers to increase cash flow, boost profit margins and grow their business faster.
Founder of the Say Yes To Profits Academy and author of the bestselling book, Say Yes To Profits NOW, Octavia”The Profit Maximizer” Conner is known as America’s Leader in Profit Maximizing For Small Businesses. She is equipped with over 14 years of finances, accounting, and business development experience.
Octavia Conner is a high achieving accountant and financial management consultant who specializes in closing financial gaps and locating hidden money leaks in order to significantly increase profit margins.
She has a keen eye for improving the financial health of a company and as a typical result, clients double (even triple) their bottom line within the first 60 to 90 days of her guidance.
Download her free cd today to learn how your business can start to Say Yes To Profits!
For more information contact SayYESToProfits.com