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Carly Iamp;#39;m asked by a multitude of people what should my profit margins be and my first question back to them is which profit margin are you talking about gross profit or net profit margins nearly every business on the planet has net profit margins somewhere between ten and twenty percent very few fall outside of those two areas if youamp;#39;re in a very constrained business something like supermarkets you might be down in the four to five percent range if youamp;#39;re at a very wide open market like software you might be up as high as twenty-five or thirty percent but for the most part most people fall in a net profit range between ten and twenty percent now the challenging question to answer is what about my gross profit margin in order to answer that you have to be more specific about your business are you in a unique position where you provide something extremely rare and extremely meek in that case you should have very high gross profit margins or are you in a commodity