Australian Newsagency Blog

A blog on issues affecting Australia's newsagents, media and small business generally.

Sunday newsagency challenge: respect your own time

Mark Fletcher
September 25th, 2016 · No Comments

When assessing the labour cost in your business ensure that you cost your own time at the going rate.

As a newsagency management benchmark guide, I suggest a labour cost equal to between 9% and 11% of revenue where revenue is product sales revenue plus commission earned from any agency sales.

If you don’t include the cost of your time it makes comparing your business performance against the benchmark.

4 likes

Category: Newsagency benchmark · Newsagency challenges · Newsagency management

0 responses so far ↓

  • There are no comments yet...Kick things off by filling out the form below.

Leave a Reply

Your email address will not be published. Required fields are marked *

Reload Image