According to a report from the Society of American Florists, the average sales volume of a flower shop with employees in the United States is $350,000. The total cost of goods sold for these businesses is between 32% – 38% according to the same report.
If you’re planning to open […]
Mobile home parks, also called trailer parks (a term widely used that carries a slightly negative connotation), are a larger and can be more profitable business than you might think from the outside. In fact, investment activity in mobile home parks rose by 20% in 2018 with Real Estate […]
The average ticket size of a steakhouse restaurant has long been the envy of the restaurant business. Take for example, the average ticket size per person at LongHorn Steakhouse in 2020 was $22.50. Compare this to the average ticket size ranging from $8.00 – $15.00 for a fast casual […]
According to smart people at Pew Research Center, 2.3 billion people identify as Christian. That’s nearly one third of the global population. Meaning if you plan to create food brand, books, or gadgets for this group of people with shared beliefs, you have a large audience to serve.
Christian businesses […]
Hot dogs are one of those few menu items that are profitable, easy to make, and in-demand by customers. If you’re on a budget, you can even bootstrap one of these businesses with a used hot dog cart for a few thousand dollars. This means you can can open […]
