What is the average profit margin in an online business?
I am starting an online services company. We do SEO and Virtual Assistance.
One of the partners has invested some money and I would like to know when it is considered to break even. I suppose the investor should receive his investment plus a profit in a certain amount of time so he can say the investment paid off.
What is the average percentage it would be considered a reasonable profit for his investment?
What is the average profit margin for this kind of business?
Thank you so much for your help!
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