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Q: What is the average profit that small businesses in IT make worldwide? A:

The average profit that small businesses in the IT industry make worldwide varies depending on factors such as the location, specific niche, and business model. However, according to industry reports, small IT businesses typically generate an average profit margin ranging from 10% to 20%. This can vary significantly based on factors such as the size of the business, the services offered, and the market conditions in different regions. It is important to note that these figures are estimates and individual businesses may experience different levels of profitability.

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