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Auto Repair Shops: A Profitable Business?

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Are auto repair shops profitable? For the automotive repair industry, the average profit margin is between 20-28% for parts and 50-65% for labor. In order to maximize your profit margins, you either need to increase your revenue or decrease your costs. Read more on blog.bayiq.com For many years, auto repair shops have been a vital … Read more

2021 Corporation Tax Rate: Everything You Need to Know

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What is the Corporation Tax rate for 2021? 19% At Budget 2020, the government announced that the Corporation Tax main rate (for all profits except ring fence profits) for the years starting and 2021 would be 19%. Read more on www.gov.uk The profits made by firms and businesses operating in the United States are subject … Read more