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Profit margin is perhaps one of the most important indicators of business success. After all, tp survive as a business owner, you need to make more money than you spend. But as you already know, thatamp;#39;s easier said than done. Generally speaking, it takes small businesses at least two to three years to start turning a profit. However, this number can vary widely, depending on how much capital is needed to start your business, how much money it takes to provide products and services, how high your operating costs are, and the amount of money you need to draw from the business to pay yourself for your hard work. All these expenses need to be subtracted from your businessamp;#39;s revenue to figure out your profit margin. But that definition is too simplistic. Keep watching and weamp;#39;ll show you exactly how to find profit margin, its importance for your businesses long term outlook, and some tips on how you can improve your profit margin. To define profit margin, use the follo