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

Sunday newsagency challenge: trim labour costs

Labour cost in a newsagency should be between 9% and 11% of revenue where revenue is product revenue plus commission from agency lines. Labour cost should include fair market costs for all who work in the business. If your labour costs are outside this band and if your overall gross profit is average, your business is falling behind. My challenge today is to review your labour costs in pursuit of lower costs.

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Newsagency challenges

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