Retail speciality rent should not exceed 10% of gross sales. Project a realistic expectation of sales to establish a rent you can support. Calculate your base rent on this projection and allow for a 20% error on the down side. Keep in mind the lessor must cover costs and realize a gain on the investment, so new facilities may not be within range of what you can support. Depreciated older property may be the best option. If your business is characterized by growth, you may want to offer the lessor a percentage of the sales over the base amount to offset a lower rent.
Retail sales.
Depends on the business but for most small business your total occupancy cost should never exceed 10% of total sales.
In retail ( outside a mall) I would think around 6 to 9% I would add my advertising cost to that for the real number . If your not in the mall, I like to think my business is a combination of expousere from rent and advertising.
Open area in a retail store. for freelacing serch SIFreelancingCenter
A sales clerk. Person who works on a sales floor of a retail store.
You can use an Excel spreadsheet to help track sales traffic closing ratio and average sales. You can set up the spreadsheet they way you like and input the information as necessary for the calculations.
Retail sales.
Retail sales means what are the amount of sales that a retail store sells to the public. Places like walmart, gap or target are all retail sellers. Finance deals with money.
Sales clerk. Person who works on a sales floor of a retail store.
The cost-to-retail ratio for beginning inventory is 0.711, calculated by dividing the beginning cost of $81,670 by the beginning retail of $114,610. Cost of goods sold is $492,250 and sales are $751,730 at retail, so you can estimate cost of goods sold as $349,953 (0.466 x $751,730).
Gum sales in retail food outlets had sales of $594 million in 1999