As a star2ng point for analysis of expansion plans, Don is sugges2ng that you look...
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As a star2ng point for analysis of expansion plans, Don is sugges2ng that you look at the financials for the year just ended. At the end of the year, the business had 2,420 currently-enrolled customers (the year had started with 1,780 customers) and had delivered over 400 courses/workshops in the year! Figure 1: Selected revenues and expenses for 2023: Revenues $22,600,000 Salary expense- Admin/staff 4,300,000 Salary expense- Trainers 5,200,000 Salary expense- Execu2ves 1,900,000 Rent expense 3,000,000 Marke2ng expense 1,400,000 Interest expense 800,000 Supplies expense 300,000 Other expenses 200,000 Don men2oned that he considered the buildings rental agreement to be quite favourable as the landlord has been great at addressing the ins2tu2ons needs in a 2
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