CFO cum Business Advisory
Watch Your Fixed Costs!
These are common tendencies in business :
1. Rental of space bigger than necessary, rendering under-utilization of space towards generation of revenue
2. Hiring of excess staff, rendering under-utilization of staff towards generation of revenue
3. Over renovation of premise, rendering heavier depreciation charges on monthly basis
For space rental, especially for F&B, minimize non revenue generating space like kitchen and storage, maximize customers area.
For staff, minimize indirect staff, maximize direct staff.
High fixed costs mean higher level of Breakeven sales needed.
Good luck !
If you need help, feel free to contact us at :
(O) +65 63851011
(M) +65 90880669
