Knowing the elasticity of demand for your product and being able to predict it can help increase your sales by a lot. 14 people found this helpful Show More Examples
I have been with the Hitchcock Rosenfield Investment Group of Wells Fargo Advisors in San Francisco since 2012. Previously, I worked for several successful years with the Private Client Group of Wells Fargo Advisors, where I worked with clients to develop long term investment plans and appropriate investment strategies. have been with the Hitchcock Rosenfield Investment Group of Wells Fargo Advisors in San Francisco since 2012. Previously, I worked for several successful years with the Private Client Group of Wells Fargo Advisors, where I worked with clients to develop long term investment plans and appropriate investment strategies.
The short answer is any profit margin is good! The long answer really depends on long term planning, the size of your business and the markets you are competing in. Long term planning - profits fund business expansion, new product development, new and current market development etc.