Land
- What different overhead costs must the business pay for each month, just to keep the doors open?
- Does your business pay property taxes?
- What resources go into your businesses products? How does the cost of these resources effect your products?
Labor
- How many employees does the business employ and what jobs do they do?
- What are the business's average monthly payroll expenses? How much of that is taxes?
- Does your company take advantage of mechanization to reduce labor costs?
- Is the business a corporation (Inc., LLC) or a franchise of a larger corporation? How does this structure impact how the business is run?
- What types of investments has the business made in their company in recent years?
- If the business were looking to expand, where would the capital needed most likely come from?
Economic Basics
- How do the laws of supply and demand effect your business?
- Explain the impact of competition on your business.
- How does government most significantly impact your business? Any regulations.
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