article thumbnail

How to Increase Profit Margin: 5 Strategies for Any Business

Hubspot Sales

Paying invoices as early as possible for potential discounts from vendors. Once you identify those, seek out software that can take the manual legwork out of them and free up your employees' time. Drugs (Biotechnology): -0.94%. Software (Entertainment): 20.30%. Software (Internet): -5.60%. Computer Services: 3.62%.

Margin 103
article thumbnail

How to Get Your Startup Up and Running with a Business Incubator

Hubspot Sales

Specialized equipment - Some incubators invest in specialized equipment, like modeling software, 3D printers, prototyping equipment, or software development labs. Software discounts - From accounting to project management, incubators typically offer business software that helps their startups scale.

Scale 80