The general public massively overestimates the profit margins businesses actually make (UK Study)

The general public massively overestimates the profit margins businesses actually make (UK Study)
byu/Anen-o-me inLibertarian

Socialism feeds on this popular economic illusion. People see all this money coming on, they don’t see the expenses draining it out an assume owners are pocketing far more than they actually do.

Worker salary is on average 30%-35% of business expenses, business owner profit after expenses might be a tenth of that if they’re lucky.

Many businesses make a loss all year long until Christmas.

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