• What Should Your Margins Be?

    What Should Your Margins Be? Benchmarking Your Business with Financial Ratios By Dennis Fredrickson, CPA   A client recently called me with a question: “What should my margins be?” That’s a great question. Frequently, many small business owners don’t know how their business compares to their industry or competitors. There are resources available to help with this. They can provide a wealth of information regarding financial ratios. You can go to resource desk at a larger library and look for the following periodicals (there are others available, this is just a sample): RMA Annual Statement Studies (Risk Management Association) Industry

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