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Article #259

Re: Schools

#259
From: Mark Brown
Date: Mon, 25 Jan 1993 16:34
35 lines
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| jfh@rpp386.cactus.org (John F. Haugh II) writes:
|John's School Budget -
|
|Expenses
|	3 rooms @ $500 per month, $1,500 per month		 18,000
|	  12 months per year
|	textbooks, 5 year lifetime, 10 per student,		  5,400
|	  average cost of $30
|	desks, chairs, etc., $200 per student, 10		  1,800
|	  year lifetime
|	supplies, $50 per student, per class, per		 27,000
|	  year (6 classes)
|	salaries, 3 teachers @ $35K/yr				105,000
|	employer paid taxes					  8,032
|	benefits
|		health insurance @ $300/mon			 10,800
|		disability @ $50/mon				  1,800
|		retirement @ $100/mon				  3,600
|	tax accountant						  1,000
|	total							182,432
|
|Revenues
|	90 students @ $2,000 per student			180,000

If you aren't making 20% above these base expenses in 2 years, you'll be
out of business.

This happens to a *lot* of startups.


-- 
Mark Brown       IBM PSP Austin, TX.| Fear the Government
(512) 838-3926   VNET: MBROWN@AUSVMQ| that fears your privacy.
MAIL: mbrown@testsys.austin.ibm.com | Keep personal cryptography legal.
       DISCLAIMER: My views are independent of IBM official policy.
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From: mbrown@testsys.austin.ibm.com (Mark Brown)
Subject: Re: Schools
Sender: news@austin.ibm.com (News id)
Message-ID: <C1F4q6.Bxz@austin.ibm.com>
Date: Mon, 25 Jan 1993 16:34:54 GMT
Distribution: tx
References: <1993Jan23.212109.13131@rpp386> <C1C2nD.wGJ@austin.ibm.com> <1993Jan24.193858.17247@rpp386>
Organization: IBM Corp., Austin TX
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