Landlord, in fact, you are just making a budget plan for return on investment

I. Capital budget

Store rent, tools and equipment, spare parts, decoration expenses, etc.

Second, the output value budget

First of all, how long do you plan to recover your investment, and distribute the above-mentioned capital budget evenly every month and day.

Then you calculate the daily cost, and then calculate how much money you need to earn every day and how much gross profit you can generate, so as to maintain the normal operation of the store, especially the staff salaries and utilities.

Third, the competition analysis

What is the gross profit margin of each product you make? Are there any similar products on the market?

What means do you intend to attract customers and what promotional activities will you have during the opening period?

Fourth, risk return.

If you lose money, how long you can bear it, how many tools and shops you sell, and how many losses you can recover in the end (vaccination) must be played in the front.

There will be a market for the landlord to open this kind of shop. Why do some people open it well and others don't?

The key is:

1, location of the store

Is it a street or a main road? Is it convenient to park? Are there any landmark buildings around?

2. Service

Is there any special service? What is the most competitive service?

3. Products

How much profit can the product generate?

Finally, I wish the landlord smooth sailing and good luck.