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Making $4000 + / Month profit . Running a consulting firm. I have two direct employees and few pass-through 's . Revenue is much bigger a number at $100,000 +
by europa 13y ago
Making $4000 + / Month profit . Running a consulting firm. I have two direct employees and few pass-through 's .
Revenue is much bigger a number at $100,000 + /Month . Effort is very less to maintain this profit as only spend few hours /month to run payroll
, invoicing clients and make timely payment out to the vendors.
pass-through : Consultants not employed by my company but work for my clients.
- peterjancelis 13y agoYou only take 4% profit margin? Seems very low.
- europa 13y agoYes . Most of the revenue coming in goes out as employee salary and vendor payout.
- hartbren_ 13y agoThis rate is not an atypical profit margin for partners (owners) of a consulting firm. Keep in mind that if the parent poster is really only spending a few hours a week then his hourly rate is fantastic. In many consulting firms the partners are also active employees, and so receive salary as well as a portion of the profits.