Hello! I am working on a business plan for a dog daycare start up. My question is this:
What is the recommended or industry standard occupancy cost per revenue as a percent? Occupancy / sales = ......?
Our SBDC advisor recommends having this number but it is darn near impossible to find. Even the local Borders doesn't have books to buy for research in this field.
We're trying to determine what we can afford for property purchase and still get a bank loan and stay afloat.
Please and thanks!!
Clare





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