I feel a GP of 50% would be considered very low. A Figure of 57/58% would be more like a minimum with a higher figure of 70%.
Probably true but a draft trade of 90% would be very rare.
5%-10% net profit is would be a industry guide
in calculating net profit from gp i take wages/prsi/rent/insurance/rates/electric/repairs/accounting am i forgetting anything else? thanks again