Business tip

Family of 4 minimum cost of living index based on business operating zip codes?
+
The the volume of your product you would wanna sell to everyone and the frequency you'd wanna sell it ×2

÷
128
=
What it cost per hour in worker wages to stay prosperous and thrive. If you don't see workers as customers and pay a single family living wage that they can afford to consume the product they help produce and support a family, then you haven't gotten the big picture in the art of business.

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Alabamarednek · 36-40, M

Minimum cost of living index.

Full market value monthly rent of a 2 bedroom apartment
+
USDOE estimate cost of utilities including the cost of a 4 line family cell phone plan and at home internet.
+
USDA estimated monthly cost of groceries for a family of 4.
+
workplace zip code historic high average price of a gallon of gas ⛽️×70
+
1/3 of family annual out of pocket maximum on family healthcare plan.
+Average cost of full healthcare if not offered on a benefits plan.

÷128
=
×160
=the minimum cost of living.
REGARDLESS OF WHAT THAT NUMBER MAY BE.

Top off how much product you wanna sell and balancing out this side of the equation is the key to having a thriving business.

Oster1 · M

What? 🤔

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