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Old 12-04-2008, 06:58 PM
amandalou amandalou is offline
Master Florist
 
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Not sure if anyone has mentioned it already but back to basic's, work out your 'break even' then you can see where you stand. I need atleast £60+ per day to break even. Im a new business so thats my aim. I know its ridiculous, because we cant predict whos gunna come through the door.

List all the bills into a 'per day'
List average flower costs 'per day'
List any rental (card terminal, balloon gas etc.) 'per day'

Add them all up.

This is the minimum you need to take to break even, without making a profit. Below, trouble, above and you are poss making a profit.

If you have staff, take them into account too!
So that could be:

Water
Elec
Shop rental
Council rates
Internet
Streamline
BOC gas
Flower Wholesale
Plant Wholesale
(gifts i dont take into account cos there 'sitting stock')
Van insurance
shop insurance
buildings insurance
Any repair/depreciation costs

etc. probs missed loads off, but thats off the top of my head!


Hope it helps you a little!
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