-16,500.98$ :((((
this post was submitted on 17 Nov 2023
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Business one: $20-40k per month, depends on the month. It’s luxury yacht chartering, and still young.
Business two: pretty much break even, but that’s kind of the point. Super young cigar company (we release our first main line in January), but I handle distribution for the manufacturer who makes our line.. that’s where the revenue comes in… I just smoke a lot of the profit (sorry Biggie).
Business 3: nothing atm, will soon be HUGE negatives… I’ll let you know in 2 years when we start selling product. It’s a shipyard to manufacture 55-65’ luxury catamarans for the charter market, primarily the day charter market.
-100$
I know this isn't much, but I'm proud of it. I built a small business a few years ago selling used books at a local coffeeshop. I've got a few hundred books on the shelves and the baristas sell it, so all the work I need to do is obtaining and pricing the books (~8hrs a month). I make a very steady $300 dollars a month. Like I said, it's not much...but I'm proud of it!
We manufacturer products overseas and sell on our website and Amazon. Used to make 20% margins pre-covid. Then all our costs went up. Once your vendors increase prices, its very hard to get them back down. Luckily ocean freight is back down, but FedEx keeps upping the rates, our 3PL keeps upping the rates, Amazon upping rates, etc. We are at a 10% margin. As a startup its common to have 20-50%+ margins. Once you get big, 10-15% is considered good. At least in this industry..
I pay myself consistently about $7k/month to reduce the amount of income tax I would pay. That being said the business fluctuates. January the business brought in $4k pre tax. While June, the business made $24k. I’m looking at $2300 for November thus far. But last month I made $18k. So some months pay for other. I’m in small business tech consulting and development
About $1000/month. It's only a side business but I am slowly starting to scale things up.
$0. I’m a health tech startup with an analysis tool and app. We don’t have an app or the device yet so that explains.
$448K net YTD. Trades Contractor.
Typically $8-10k. But this year I invested heavily in staff so I basically broke even for the first half of the year and now it's starting to pay off.
6-9k monthly- one person business. Hair Stylist.
$200/M lol. It doesn't sound great, but we just opened in May, and already have a staff of 6! Making anything after costs at this point feels fantastic 🤩
Industry - Accounting and business development
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Who cares about profit, let’s see those ✨EBITDA✨ numbers
15-30k usd/mo. E-com biz
I own a furniture store and I barely make $10K to cover my expenses
My biz is pretty seasonal so it depends on the month, but on average about 12k in profit. Thats after wages though, so includes my salary + my husband's salary (and all of our team too). It makes me kinda anxious to have less than 100k in profit at the end of the year especially when my revenue is between 500k-1m. Feels like I should have a lot more. But I guess if you take out the owners salary of around $150k, it looks like a healthier business? I never know how to calculate these things lol but I guess the important thing is that my bills are paid, my family is living comfortably and my business is growing. Can't complain.
250k a month. Roofing