Part 5/7:
Supplies and Miscellaneous: $400 set aside monthly for operational needs
Internet: $174.57
Insurance: $33.80
Loan Payment for Renovations: $1,400
All these expenses paint a picture of a tight margin environment, especially during a month when revenue dipped below expectations.
The Bottom Line: Minimal Profit
After crunching all figures, the owner reports a profit of only $1,376.13 for September. This figure is notably the lowest he has seen in recent years, reminiscent of earlier days when the store was first acquired. It underscores how seasonal fluctuations, operational mishaps, and external factors can dramatically impact profitability.