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You already have a service?
We can give you 3 good reasons why LBS would still be a good partner
for your business.
- We can be your on call service in the event
of an emergency or for special situations such as acquisitions and
divestitures, one of our specialties. We can usually respond within 24 hours.
- We can also be a back up service for you in the event that your
primary provider has scheduling difficulties.
- Having LBS as a secondary provider will help keep your primary
provider on their toes and delivering the service that you deserve.
You have an internal inventory crew?
Some of our clients used to have internal inventory crews. In addition
to the bias risk associated with an internal crew they are usually
less productive and more expensive than an external service. Calculate your audit cost per store as you fill in the
blanks with our internal vs. external
application. After you find how much it costs contact LBS
to find out how much you can save.
Why not try our calculator to see
how LBS can save you money!
Below is an example of the spreadsheet you will be working with.
If you have trouble using the application, you may download the Excel
worksheet here. Please right-click on the link below and select "Save As". You
must have Excel installed on your computer in order to use the Excel worksheet.
Excel
Worksheet Download
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Internal Vs. External |
How much does it cost to count your stores? |
|
Fill out the worksheet below to see. |
|
Base Salaries |
Set the rate for one if you enter annual salaries. |
|
|
| |
Rate |
Quantity |
Amount |
|
Employee |
1 |
36000 |
$36,000.00 |
|
Employee |
1 |
29000 |
$29,000.00 |
|
Employee |
1 |
25000 |
$25,000.00 |
|
Employee |
1 |
21000 |
$21,000.00 |
|
Employee |
1 |
18000 |
$18,000.00 |
| |
Total Employees |
|
|
|
Total Salaries |
5 |
|
$129,000.00 |
|
Payroll Expenses |
|
|
|
| |
Rate |
Quantity |
Amount |
|
FICA |
6.20% |
$129,000.00 |
$7,998.00 |
|
Medicare |
1.45% |
$129,000.00 |
$1,870.50 |
|
FUTA |
$56.00 |
5 |
$280.00 |
|
SUTA |
$150.00 |
5 |
$750.00 |
|
Worker's Compensation |
1.00% |
$129,000.00 |
$1,290.00 |
|
Miscellaneous |
|
|
$- |
|
Total Payroll Expenses |
|
|
$12,188.50 |
|
Benefits |
Include only the company portion of this expense. |
|
|
| |
Rate |
Quantity |
Amount |
|
Health Insurance |
400 |
12 |
$4,800.00 |
|
Health Insurance |
400 |
12 |
$4,800.00 |
|
Health Insurance |
250 |
12 |
$3,000.00 |
|
Health Insurance |
250 |
12 |
$3,000.00 |
|
Health Insurance |
150 |
12 |
$1,800.00 |
|
Retirement Plan |
3.00% |
$129,000.00 |
$3,870.00 |
|
Total Benefit Expenses |
|
|
$21,270.00 |
|
Vehicles |
Be sure to include Fuel, Insurance, and Maintenance |
|
|
| |
How Many |
Yearly Cost |
|
|
Company Cars |
3 |
6000.00 |
$18,000.00 |
|
Travel Expenses |
How much time on the road is there. |
|
|
| |
Rate |
Quantity |
Total |
|
Motels |
40 |
60 |
$2,400.00 |
|
Meals |
15 |
60 |
$900.00 |
|
Miscellaneous |
100 |
12 |
$1,200.00 |
|
Total Travel Expenses |
|
|
$4,500.00 |
|
Equipment & Supplies |
Estimate an average monthly amount |
|
|
| |
Rate |
Quantity |
Total |
|
Cost |
75 |
12 |
$900.00 |
|
Maintenance |
400 |
12 |
$4,800.00 |
|
Supplies |
100 |
12 |
$1,200.00 |
|
Total Equipment Expense |
|
|
$6,900.00 |
|
Total Expenses |
Check your category totals and make adjustments as
needed. |
|
|
|
Total Annual Expenses |
|
|
$191,858.50 |
|
Store Audits |
|
|
|
|
How many Stores? |
66 |
|
|
|
How many Audits each year? |
12 |
|
|
|
Total Audits Per Year |
792 |
Cost Per Audit |
$242.25 |
Why not try our calculator to see
how LBS can save you money!
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