Heyo! Welcome to the $100 MBA Show, the place to be the build a business you want with our practical business

lessons.

I'm your host, your coach, your teacher Omar Zenholm.

And today's episode is Q&A Wednesday where we answer a question from one of you, one of our listeners.

If you got a question you want to ask, go ahead and email me over at Omar at 100MBA.

Today's question is from Josh.

And Josh asks,

Hey Omar, I hear you on the podcast talk about margins and how important

having healthy margins are.

I run an e-commerce business, iPhone accessories, and I'm not really sure what my margin should be and if they're not right

How do I improve them? Thanks for all the great content Josh love this question Josh thanks so much for asking this

question because it's true I talk about margins all the time because I know how

hard business

a whole lot harder,

and it actually makes your business a whole lot harder and prevents you from growing or growing even at a normal pace,

let alone a fast pace,

it causes you a lot of stress, it causes a lot of problems

within your company. It doesn't allow for you to reward your best team

members with raises and bonuses. Doesn't allow yourself to reward yourself with some dividends.

But Josh is right, it's good to know what's a healthy margin.

What should he aim for in his e-commerce business selling iPhone accessories?

But we're going to get into all that in today's episode.

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