How to Increase Profit Margin: 5 Strategies for Any Business
Hubspot
NOVEMBER 29, 2021
Banks (Regional): 23.79%. Electrical Equipment: 7.63%. Farming/Agriculture: 3.81%. To help you gauge where your profit margin stands relative to your competition, here's a list of average profit margins by industry in 2021 from NYU. Advertising: 0.34%. Aerospace and Defense: 2.49%. Air Transport: -25.03%. Apparel: -3.94%.
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