Description:

The 2005 Cost of Doing Business & Compensation Survey collected data pertaining to 2004 fiscal year operations of photo retailers, professional labs, and portrait studios. Sixty companies, representing 113 locations, responded to the survey. The report provides a detailed look at income statement and balance statement items as a percent of total sales, and reports key performance measures in areas of profitability, productivity, financial management, and cash flow management. The second half of the report includes detailed compensation and benefits tables by department, job type, and full-time or part-time employees. Costs and compensation data are all reported as a total overall average, by business type, profitability, and other related segments. The report also includes definitions and implications of the various performance measures, detailed notes of the survey methodology, and a copy of the questionnaire.