Wednesday, March 18, 2009

BOOK CHAT Chapter 2 - The Problem

Veronica's teenage kids frequently stand by the store and have fun reading fantasy novels esp. the Harry Potter, Twilight, Marvel Hero comics and a lot more to choose from.

In the first 6 months of taking over the Book store there's really nothing much of an action. Actually it was kind of boring.

"Boringgggggg!" as one of the kids exclaimed every once in a while.

It's too slow they said. And a lot more of helluviah of complaints.

Veronica thought it's only 6 months of being the owner of that small business establishment but the rent for that small place is already a burden. Way too much. Everything in the store is valued half a million dollars to be exact. The rent is killing them. $1,000 per month is suffocating! Plus the electric bill ($150), telephone bills ($ 50.00), internet ($100) with a total of $1,300/month. That's the regular bill and other miscellaneous bill is not included.

The book store is open 6 days a week from 8 am to 5 pm. On busy days the bookstore is making at least $100/day. If somehow the store comes up with a "regular income" (Y) of $100/day then the total income of the store is about $2,400.00/month. Then $1,100 (Y) is derived from that store per month. Great! That only pays for the owner's effort or whoever manages the business. The store cannot and wont be able to afford another clerk in that business. Sure is that's why it's a family business only. That's what it is intended for.

You wont believe that this kind of business report is more common than usual in the present generation today. This situation happens not only in bookstore or internet cafe but also in some convenience stores or small burger joints elsewhere. Maybe sign of times. Lots of competitions or plainly there is so called recession. Almost every one is affected.

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