The Cost of Doing Business: Is It Worth It?
(Not including cost of inventory, finance charges or management expenses)
Employee Title |
Job Description |
Monthly Income per 40hr week |
Data Entry |
Posting payments, recording & filing rentals, sales, returns, exchanges & upgrades |
$8 per hour 10 hours weekly $320 gross monthly |
Accounting |
Recording purchases & payables, payroll, sales tax reporting, prepares financial statements and assists with data entry |
$20 per hour 10 hours weekly $800 gross monthly |
Collections |
10, 15, 30, 60 & 90-day phone & written late notices, certified letters, credit bureau reporting & reposessions |
$8 per hour 15 hours weekly $480 gross monthly |
Repair Tech |
Servicing all rental & billable repairs, recycling rental returns and provides repair estimates |
$28 per hour 20 hours weekly $2240 gross monthly |
Marketing |
Coordinates all advertising & promotional activities, updates rental pricing, shopping competitors, creates and/or maintains print & web content |
$15 per hour 20 hours weekly $1200 gross monthly |
Inventory Control |
Recording new inventory, conducts quarterly physical inventory audits resolves discrepancies |
$8 per hour 10 hours weekly $320 gross monthly |
(Average base rent of $20/mo with $5 per-new-contract bonus over one-year period)
Example Store |
Total Active Rentals |
Total Monthly Commission |
Collections Recourse |
Affiliate A |
150 |
$650/mo |
$0 |
Affiliate B |
500 |
$2200/mo |
$0 |
Affiliate C |
1000 |
$4400/mo |
$0 |
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