Summer Earnings
The following Business Plans reflect a financial range from the minimum acceptable performance to more aggressive plans:
|
Summer Earnings
The following Business Plans reflect a financial range from the minimum acceptable performance to more aggressive plans:
|
below
average
|
average
business
|
above
average
|
excellent
business
|
top 5%
|
|
Sales
|
$55,000
|
$71,000
|
$90,000
|
$110,000
|
$165,000
|
|
Cost of Goods Sold
|
$42,350
|
$56,000
|
$62,500
|
$67,000
|
$101,500
|
|
Gross Profit
|
$12,650
|
$22,000
|
$27,500
|
$43,000
|
$63,500
|
Operating Costs
|
|
|
|
|
|
|
Car & Gas
|
$1,300
|
$1,500
|
$1,100
|
$2,200
|
$3,500
|
|
Telephone
|
$1,000
|
$1,200
|
$1,400
|
$1,500
|
$1,100
|
|
Equipment Resale
|
-$1,000
|
-$1,200
|
-$1,500
|
-$1,500
|
-$1,100
|
Net Profit
|
$11,150
|
$20,500
|
$25,100
|
$40,100
|
$60,000
|
|
|
|
FINANCIAL NOTES:
- Cost of Goods Sold: royalty, labour, paint & materials, administration fee.
- Net Profits based on actual results from past years.
- Student Works provides each student with a line of credit to finance equipment & paint purchases at the beginning of the production season.
- A Owner / Operator’s current vehicle with roof racks is usually adequate transportation. Some people prefer to purchase a van or truck to be re-sold at season’s end.
- Royalties are charged at a declining rate throughout the summer. Details will be provided in your interview.
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