What would you like to do?
What percentage of your gross income should go towards rent?
No more than a third of your gross annual income should go towards housing. As for rent, you should not spent anymore than 25% of your gross income. Housing - This expense should include mortgage, insurance, gas, electricity, maintenance, and phone. (according to crown.org budget guide) Rent or your monthly mortgage payment plus each of the above should never exceed 36%. 1/3 is generally a good rule just as with the 1st answer, but don' t forget that the number includes the other housing expenses.
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3% is rule of thumb for typical restaurants.
To keep yourself financially stable, it is suggested that you keep your rent or mortgage payment 30% or less of your take-home pay.
less than 20% less than 20%
Percentage of business income should not be used to decide rent. Business needs and desires should be used to calculate rent. You could be making hundreds of thousands of …dollars working out of a home office.
You can look at rent two ways: percentage of business or a flat rate. If you are looking at a percent, rent should be less than 10% of a successful business. Any higher and …you are not making enough income to cover all of your costs and giving yourself a reasonable income to live on. If you look at rent as a flat rate, it should be the smallest of your top five bills. Electricity may be one of your largest bills depending on your location. Payroll will be another huge bill. Taxes might even top them all in some cities. Your inventory should be in the top five too. Other fees associated with a triple net lease will also factor into your costs. Trash removal is also important.
6% to 8% of gross sales Restaurant Rent: How Much is Too Much? By Richard D. Williams, MAI Tuesday, 31st October 2006 http://www.4hoteliers.com/4hots_f…shw.php?mwi=1661
The industry standard is 30%. This all depends on what style of restaurant you are. The more fine dining the higher the wage costs will be. But no more than 40%
Depends on the business but for most small business your total occupancy cost should never exceed 10% of total sales.
No more than 30%
It will vary depending on income. People earning a small amount will probably want to spend as little on food as possible, but it may still be a fairly large percentage in com…parison to a very affluent person buying expensive foods.
Rent shouldn't be than one quarter of your income.
Rent revenue appears under the Non-Operating Revenue Section on the income statement.
In US Air Force
There is no exact percentage but it is recommended that around 10 percent of your income be put toward health insurance. Most people do not spend this much on health insur…ance.