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Total Controllable Income: This is the most important number on the financial <br />statement for a manager. It is the report card of performance on how well the <br />restaurant is managing its expenses. A typical range for an excellent industry average <br />is between 22% and 28 %. However, because of Oregon's higher than average <br />minimum wage, a more realistic number is between 99% and 24% of total sales. <br />Advertising: Typical industry average is between 2.5% and 3.5% of sales. This <br />includes print, radio, television and other media marketing expenses. Agate Alley Bistro <br />has a flat monthly advertising budget and we plan to use the same plan and format for <br />this venture. <br />Equipment Lease: We will lease commercial dishwashers for both the kitchen and bar <br />Rent, Properly Taxes, Insurance 7 workman's comp.: These figures are estimates <br />based on early communication with current Laurelwood tenants and from previous <br />experience. <br />Depreciation: Bar and restaurant equipment is depreciable over seven years and <br />furniture and fixtures are depreciable over five years. <br />Corporate Expenses: Travel expenses and research and development. <br />