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You only take 4% profit margin? Seems very low.
by peterjancelis 13y ago
You 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.