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Forums Forums Q & A What is a good payroll % for an edutainment center?

  • What is a good payroll % for an edutainment center?

    updated 1 year, 7 months ago 0 Member · 1 Post
  • Christine

    Member
    July 27, 2019 at 11:01 am

    So I recently invested in an edutainment center with my friends (a total of 10 investors). While analysing the quarter reports, I realised that the payroll percentage is way too high (35 to 40%). I spoke to the man in charge of the business and he said that it’s normal to have these high payroll percentages for this niche. But of course, I researched as much as I can but couldn’t find any source that could approve or falsify his claim. So I was wondering if any of you own an eduainment center / know what the payroll % is for this niche on average. Any advice would be appreciated! – by hq overview alimansourr – –

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