Small Business Growth And Profit Margins

Posted By Kalamata Capital LLC || 25-Sep-2018

The US economy is growing, and Small businesses are reaping the benefits. Financial data shows revenue growth of 6% between 2016 and 2017.

Small Businesses are getting more profitable too. Net profit margins of 8.4% were almost a full percent higher than the previous year.

Faster growth and higher profits mean that small businesses can typically qualify for more and cheaper financing alternatives.

*Sageworks

Categories: Small Business, Funding, SBA