Let's face it. If you are signing a lease, it means you are getting into business. The only reason you go into business is for profit. Profit is so important that it is worth repeating. The only reason you go into business is for profit.
Profit is what is left over after you pay for the cost of goods (purchases), labour, rent and overheads. Approximately 6% occupancy costs (rent) is a good starting point. Unfortunately such a good starting point is rare. If you get the numbers right from the start, not only will you protect your profit, you will add thousands onto the market value of your business. Speak to your accountant, all they do is count and advise on profit. Then talk to us.
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