View Single Post
  #4  
Old 03-26-2021, 11:38 AM
TomCopeland's Avatar
TomCopeland TomCopeland is offline
Business Author/Trainer
 
Join Date: Jun 2010
Location: St. Paul, Minnesota
Posts: 3,066
Default time-space %

Quote:
Originally Posted by Unregistered View Post
Hi, it's calcare
I'm confused. Are you saying we can use the nice big number from the months that we were open and use that time space percentage for the entire year, even if we were closed most of the months? Cause I added up time space using the few hours I was open and came up with like 8%, which I expected, I knew that would be the case when I closed. And then I used that 8% time space for the entire year rent, utilities, etc.

Tom, are you saying there is a more advantageous way? Thanks!
If you use the larger time-space% for the months you were open, then you can apply that percentage to your house expenses for those months only. Or, you can calculate your time-space% based on the entire year, and then apply this percentage to your house expenses for the entire year.
__________________
http://www.tomcopelandblog.com
Reply With Quote