Profit Projection Worksheet
You can use the worksheet below to project the level of sales your store would need to reach to achieve a range of profit levels. If you have any questions one of our representatives would be happy to help you work through the process.
- Fixed Costs
- Variable Costs
Enter the costs which are driven by your level of sales. These are represented as a percentage of total sales. Enter percentages as whole numbers.
Enter your Costs which remain the same from month to month, this includes salary and rent.
|Cost Category||Cost Description||Average Cost Range||Estimated Cost|
|Rent||Location rent set by the lease agreement.Local realtors will give you a good idea of the cost range.||$9,000-$15000|
|Manager or Owners Salary||Salary paid to Manager or to yourself as the owner.||$20,000|
|Health Insurance||Health insurance for your employees.||$100|
|Business Insurance||General business coverage and includes public liability, fixed articles, theft, and other coverage. Contact a local insurance agent for quotes.||$1,300-$1,600|
|Electric Utilities||The local power company can give you estimates of electric cost for retail establishments by square foot.||$1,300-$1,600|
|Telephone/Internet Utilities||Your local phone company will give you insight into this nominal cost.||$700-$1400|
|Supplies||Office and store supplies. Pens, tape, paper, printer cartridges, and like items.||$600-1,000|
|Advertising||Routine advertising is always recommended to keep your store in front of the public. The local newspaper will provide various rates and programs.||$1,000-$1,800|
|Depreciation||Periodic write-off of capital cost items. Your local accountant can provide further information.||$3,000-$5,800|
|Other Expenses||Catch-all for other costs that pertain to your business operation.||$100-$300|
|Total Fixed Costs||Annual set costs.|
*This example of key fixed cost categories is not intended to be complete and should be used for general information purposes. It is always prudent to do your homework and develop a range of cost levels that can be used for financial planning purposes.
Sales per square foot will vary from location to location and from store owner to storeowner based on many factors. The size of the community, general customer traffic of the shopping center, store location, proximity to the anchor, previous business ownership, management and merchandising experience of the owner, and personal daily involvement of the store owner are just a few examples of the variables that will determine your level of sales. The business skill and experience of each owner, along with the level of involvement in and commitment to their store will have an impact on their success.
|Profit Percentage||Profit Amount||Sales Per Year||Sales Per Day||Sales Per Hour|
*This worksheet is intended for educational purposes only. Contact one of our financing experts to get professional guidance regarding industry best practices and profit projection techniques.