Dollars and Sense: do you Know how to make Money?
In 2009, the average profit margin for a full-service restaurant in America was below 2 percent. Average gross sales at each Jimmy John’s franchise were $688,313 in 2009. Then again, the average initial investment in a Jimmy John’s franchise was $383,000. Of a Forbes list of the 10 most profitable home-based business, which job sector grabbed five spots on the list? Which of the following franchise restaurants boasted an average net profit margin of 23 percent?
Everybody wants more money, but few of us know the most efficient and effective ways to get more green in the bank. The higher the percentage, the more efficient the business model is at making money. Profit margin is expressed as a percentage. Which of the following is the correct formula for calculating profit margin? See if you have what it takes to be rich (or at least pass this quiz). Which of the following figures is the best indication of the profitability of a business? If you want to compare the money-making potential of two or more businesses, profit margin is the best indicator.
Facilitators can offer premium services to both individual and corporate clients from the comfort of a home office. With a profit margin of 14 percent, stock and commodities brokers topped the list of most profitable home-based businesses in a Forbes 2008 list. Education plays a critical role in your future earning potential, but college is expensive. According to PayScale, which of the following colleges ranked No. 1 for best return on investment in 2013? PayScale estimated that the average Harvey Mudd grad had a ROI of $2,217,000 over 30 years. What was the average profit margin of a home-based stock and commodities broker in 2008?
According to Forbes, which of the following small businesses has the highest profit margin? What is NOT one reason they are so successful? The main reasons cited for success were relatively low overhead, consistent demand for services and lots of repeat business — people tend to not switch their doctors, accountants and therapists frequently. CPAs have an average pretax profit margin of 16.5 percent. Thirteen of the top 20 most profitable small businesses on Forbes’ list were in the professional services category (CPAs, therapists, doctors).
According to the Washington Post, which of the following small business sectors experienced the slowest growth in sales in 2012? Somewhat surprisingly, which small business sector held three different slots in the Washington Post’s list of 10 fastest-growing businesses of 2012? Sales were down 2.51 percent in 2012 for small businesses that subdivide and sell land for home construction projects. Which of the following small business sectors saw the largest sales growth in 2011, according to the Washington Post2? Droughts lowered yields in corn and other grains, causing prices to spike.
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