How do some businesses with low profit margins still survive for years?

[Min George]

There are many businesses that each sale doesn't really have a very big profit margin. It could be that the profit per unit sold is about $0.3.

How do such kinds of businesses survive and thrive for years even with the low profit margins?

 

[Kross]

One might judge those businesses by the profit margins but they are surviving on huge turnovers they make from sales.

 

[Augusta]

There are many businesses that survive for decades without turning a profit. Some do so because they are essential to the community they serve

 

[Fidelia]

Check well. Those business don't pay staff as the owner runs it alone. And he is satisfied with the little profit margin.