Ever wonder how your budget compares to other businesses or industries? Because keeping an eye on expenditures is a priority for everyone, we’ve taken a look at two local companies’ budgeting process. We hope it offers a useful comparison.
Flower Basket
203 E. Cuyahoga Falls Ave., Akron
Retail florist and gift shop
Sharon Shoyat, president
Percentage of Yearly Expenditures
Salaries and benefits: 22.15%
Inventory: 29.32%
Operations and equipment: 43.01%
Insurance/workers compensation: 1.87%
Technology: 1%
Advertising and marketing: 2.65%
How to reach: Flower Basket (330) 253-5149