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How to Get a Business License

Updated May 21, 2020 A business license is a legal document that grants you the right to operate a business in your city. Obtaining a business license is a crucial primary step in legally starting a business. If you fail to abide by the licensing and permit requirements for your specific type of business, you […]

Profit Margin

Table of Contents What Is Profit Margin? Profit margin is one of the most commonly used profitability ratios, which is a basic measure of how much money a business, service, or product makes. Expressed as a percentage, profit margin is essentially how much money a company makes per transaction. In general, the higher the profit […]