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jacquesm
3339 days ago
You'd be surprised at the 'normal' margins for many kinds of businesses. In IT we have it super easy.
2 comments
SyneRyder
3339 days ago
Someone on Twitter posted an excerpt about profit margins from the Southwest Airlines CEO's book. Looks like it was about 7.5%. Or as the book puts it, the lost of just one customer per flight reduces their profit on that flight by 20%:
https://twitter.com/morganhousel/status/856493737308037121
link
elcapitan
3339 days ago
If you want to look up margins by industry, Aswath Damodaran's valuation resources are a good start:
http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/...
link
kalleboo
3339 days ago
And people wonder why airlines overbook...
link
golergka
3339 days ago
Risks though.
link
https://twitter.com/morganhousel/status/856493737308037121