What is a Good Profit Margin for Your Business?

Like the name suggests, a profit margin is the money you make in your small business after you’ve divided sales by all your costs. Small Business Trends got in touch with some experts in different industries who narrowed down what the numbers might look like for your company.Michael Philippou has a business blog at My Startup Friend.  He narrowed down what a good profit margin should look like in a familiar small business startup.“I operate in the restaurant industry and can tell you that anything above 10% net margin is considered to be excellent. In reality, most restaurants probably only do 5%,” he writes in an email.