when running a business what sort of profit margin should you be looking at?

Question

I am starting a tea business delivering loose leaf tea. It is home based.

Answer 1

Do a sample summary. Total up your costs for a certain amount of product, distribution costs, etc. and add a 10% profit margin on top of what you expect to make while staying competitive. That way, you will make at least the 10%.

Answer 2

hi.
at least 10% profit margin & max of 30%..
not more than that if you;re hoping for regular customer
rgds
azayi1