Happy Jake Wrote:
Mar 22, 2013 8:33 AM
You do realize that a profit margin of over 100% is physically impossible, right? Short version: if you have 10% profits, that means you keep 10% of your gross revenues. Having 100% profit means you keep every dime you make - no taxes, no labor costs, no facility costs, no R&D costs, no materials costs, no overhead, nothing. Having OVER 100% (your words) profit means not only are you keeping every dime you make, but you're getting additional money from a source not connected with the products and services you are selling.