Chosen by Asker

The right answer is maybe. the best test would be in comparison to your competitors, if someone doing the same thing as you makes 90% you could improve, however if they make 40% then your doing quite well. It is all relative compared to the industry you are in. My suggestion would be to compare to your competitors, or if you can't do that compare to your past performance, if it is improving then it is good, if not, then there is some cause for concern. also do the same for your expenses.

Source(s)

Master's in Accounting

by kkuhn130

5 months ago

Asker's Rating: 

I would say that is a pretty good margin. If your pricing is competitive with similar service agencies, you are probably doing well. The other option is to look at all your overhead expenses, operating costs, labor, etc... to see if changes need to be made for the better to increase that margin. Best of luck!

by Dale- 5 months ago

thats great!!

by Sean- 5 months ago