Introducing transparent pricing(open.bufferapp.com) |
Introducing transparent pricing(open.bufferapp.com) |
And I wonder how that profit compares to similar businesses? And if it is sustainable? (Just to start...)
A quick search provides some rough "data" on other small businesses: "The average net profits of a small manufacturing wood products business, with $2 million in revenue annually, according to the website "Biz Stats," is 14.56 percent per year. Medical equipment and suppliers, with $2 million in revenue, have a net profit margin of 26.95 percent annually. By contrast, computer and electronics products return a net profit of 53.94 percent, and the food processing sector, according to "Biz Stats," has a net profit margin of 10.28 percent." (http://smallbusiness.chron.com/average-profit-margin-small-b...)
It reads like what you'd expect to read from a charity.