Why Is Coffee So Profitable?

Coffee Industry Overview Coffee is an addictive and popular drink with a huge global market. Coffee addicts spend money on luxury coffee brands and expensive equipment for making coffee. The coffee shop industry is profitable, but profit margins for small cafes are low. Profitability of Coffee Roasting Business A coffee roasting business can be highly … Read more

Is a Plumbing Business Profitable?

Overview of Plumbing Business Profitability A plumbing business can be a profitable endeavor. The profitability of a plumbing business depends on location, experience, competition, and management skills. Overall, 35 percent gross profit is a reasonable expectation for plumbing services. Self-employed plumbers can also earn a good income. To maintain profitability, operating costs like rent and … Read more