Where to start sales business -

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Look for places that a lot of foot traffic of the kind of people you want to target.Moreover, look to be next to, or in close to...areas that have say, food store..and you have clothing store....or your have hair salon, and you are next to clothing store...And the food store is on the other side...Then find out how much the product cost;Then find out how much your rent might be.Add this up, and add some for electricity..etc.Then you get the gross number, and divide this into 30 days..then you have an abstraction...( hypothetical number) of what your starting fees will be....you have not sold anything yet, you are just starting to get an idea of costs.______________________________________��Then divide the 30 day gross into days....in summary, you have now the daily cost (gross)Then you add in the labor rate..and workers compensation, federal taxes on employers for employees, and state disabilty, and state tax, and social security..in other words this topis labor burden is around, generally 40% of your labor rate.In other words, in nice round numbers...if you pay someone $10. per hour...your actual costs will be $14.00 per hour.Your store will be open for 12 hours per day = $168. for labor for one day.Say your lease is 50. per day, your electrical is $5.00 per day...so your rough daily cost labor and the rent/lease..etc. is $223. per day.Times the daily of $223 times 30 days = $ 6,690.So, you need to see what your product costs at the whole sale level..and you look at the price range your competors are charging...say they buy shoes for 10. and sell for 15.This is 5.00 per sale...you would need to sell 44.6 pairs of shoes per day...223. divided by 5.00=44.6 units. ( To break even.) You would need to sell 1,338 units per mo. to break even...If you want to get real scientific...you take your floor space...say 1,000 feet...and divide that by 1,338 units..in other words...each foot of floor space would need to make $1.30 per month...to break even.In summary, I do not know what you are going to sell, but look at what other busness is doing...the sales..the floor space..what they would need to sell per day..Then you have a hypothetical situation to work with...then add something into your equation for unforeseen events..like paying someone who you fired unemployment for a year....is this fun or what?I have a business, I work by myself sometimes.My truck, monthly payment, insurance, and advertising uis all added up for 30 days...then divided into 1 day, so I know what I need to make each day...then for that one day, I add in what my materials will costs...say 100. for materials..and 75. for the truck, etc..This is 175 for the day to breal even..so I am trying to make 500 that day....thus I charge 675. for the job..for that one day..you get the idea..30 days...30 days is something like I dont work for 5 days that mo.So, I add up the costs for 30 days, and divide this into 25 days..so, I know what each day cost..to start the whole thing over agian...maybe I dont work for 25 days...and I see a job that I can charge 15,000..i then divide 15,000 into 30n days -the costs, this yeilds my daily profit...You can go crazy doing this........______________________________________��