Page 0049

Page 48 MAY 2017 | RETAILERS FORUM MAGAZINE

forumworkshop

OFFICER'S COMPENSATION

Officer's compensation is estimated to be

$2,500 per month, and is projected under the

assumption that he/she is performing the basic

managerial functions required to run the store.

For this reason officer's compensation is included

in the schedule of salaries & wages

below.

Salaries & Wages

Salary & wages have been broken down on

a monthly basis by job title as follows:

salary salary insur.

Owner (Manager) 1 $2,500 $2,500 $600

Assistant Manager 1 $2,000 $2,000 $600

Salespeople 2 $900 $1,800 $0

Monthly Salaries & Wages $6,300 $1,200

Credit Card Discounts

Credit card discounts are the fees charged by

the charge card companies and are projected at

2.50% of sales. Advertising

Advertising is projected at $500.00 per month

except for the first 3 months, during which additional

cost must be incurred to inform the

public. Advertising during this 3-month period

is projected at $2,500.00 in total.

Rent

The lease on the premises

is projected at $30.00 per

square foot annual rent.

The area of the store is projected to be 1,600 sq. ft.

FORUM WORKSHOP

continued...�

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