|
BENCHMARKING
REPORT FOR NEIGHBOURHOOD NEWS
(example only)
DISTRIBUTION OF GROSS PROFIT
|
Total
Gross Profit
|
$198,914.00 |
| Gross
Rent |
$71,688.00 |
| Gross
Wages |
$49,673.00 |
| Sub
Agents Commission |
$0.00 |
| Interest |
$26,000.00 |
| Others |
$54,645.00 |
| Owners
Return |
-$3,092.00 |
| Wages
shown do not include Owners Salary. |
FIGURES ARE FOR THE FINANCIAL YEAR ENDING 30/06/05
- GROSS
PROFIT: Equals $1,326 per sq. mtr p.a. This
is too low to give the owner a decent return.
- WAGES: As a percentage of Gross Profit are too high
in relation to the overall performance for this particular
newsagency.
- RENT: Too high per sq. metre at $478 per sq mtr. p.a.
for this type of retail outlet indicating that the size
of the Retail space is too large or the the sales too
low per sq mtr p.a. or the product space allocation disproportionate
to sales achieved.
- The QuickBench Report identified the areas of concern
and non performance.
- The
problem areas were acted upon by commissioning
a more detailed analysis.
- Implementation
of Newstrade's recommendations improved the bottom
line loss from $3,092.00 p.a. to a net profit
of $150k p.a
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you already have a code — please
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