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HERE is a trivia question for you: what is the most profitable business in the world? You might think oil, or maybe banking. You would be wrong. The answer is a
by sytelus 8y ago
HERE is a trivia question for you: what is the most profitable business in the world? You might think oil, or maybe banking. You would be wrong. The answer is academic publishing. Its profit margins are vast, reportedly in the region of 40 per cent.
40% are very normal and consider healthy margins for many businesses. The business with largest possible profit margins I know of is political donations. For mere $100K, one can own vast public land for mining and selling resources worth billions for many generations. That's 1000000% margin for you.
- Vinnl 8y agoConsistent 40% margins, year over year, for decades, are rarely seen in other industries. For example, Apple's brand is very strong, so it can ask a very steep markup on their products. Nevertheless, its profit margins are lower than those of the big five publishers, usually.
- ailideex 8y agoPlease give the name of a mining company with more than 40% profit margin.