What is Considered a Good ROI for Small Business Investments
Return on investment (ROI) is a crucial metric for businesses of all sizes, including small businesses. It measures the profitability of an investment relative to its cost, providing valuable insights into the effectiveness of business decisions. For small business owners, understanding what constitutes a good ROI can help in determining the success of their investments and making informed financial decisions.
So, what is considered a good ROI for small business investments? The answer to this question can vary depending on the industry, the stage of the business, and the specific investment being made. However, a general rule of thumb is that a good ROI for small business investments typically ranges from 15% to 30%.
Achieving a 15% to 30% ROI signifies that the investment has yielded substantial returns and is contributing positively to the overall financial health of the business. It indicates that the business is generating profits that exceed …
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