On the flip side, a home-based online business may generate a profit immediately as it requires little money to start up. But these instances are rare most owners need to be patient and wait. Occasionally, a company makes a profit from a new product before three years. There’s the cost of adding a partner or experts to the payroll to produce products as well as marketing costs, among other expenses. Profitability Based on Business TypeĮntrepreneur estimates that businesses making a new product take at least three years on average to become profitable. A business could become profitable immediately or take three years or longer to make money. That said, each startup has different initial costs and ways of measuring profit.
Two to three years is the standard estimation for how long it takes a business to be profitable. How Long Does It Take a Business to Be Profitable?
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