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Thursday, August 31, 2006

By the numbers

I just spent three days organizing the bills. Three days. No sunlight, little sleep, and lots of sugar. I hadn't updated the bills in four months, and trying to catch up was a nightmare. Hopefully I won't let that happen again.

Some interesting statistics:

  • Room nights sold in August: 16
  • Occupancy percentage in August: 13%
  • Occupancy rate required to break-even: 27%
  • Target occupancy: 40%
  • Room nights booked for Septemer: 13
  • Bank fees (including credit card interest) in August: $1,120.62
  • Bank fees accumulated over the previous eight years: $1,192.90
  • Amount spent on "entertainment" in August: $8.88
  • Amount spent on "entertainment" in July: $14.82
  • Percentage of income to expenses: 615% (meaning we spent 6 times more than we made, every month, for the last 18 months)
  • Percentage of income to expenses before the renovation: 28%
  • How far over budget we are: Budget? What budget?
Percentage of costs to date
Existing farm debt8.12%
Interior Paint6.42%
Septic5.65%
Electric5.53%
Furniture4.93%
Roofing and Gutters4.75%
Finish carpentry2.77%
Windows2.70%
Materials2.48%
Masonry2.39%
Interior Demolition2.22%
Floors2.14%
Exterior Finish Carpentry2.13%
Interior Framing2.06%
General Conditions1.85%
Plumbing Fixtures1.72%
Farm maintenance1.68%
Driveway1.62%
Plumbing1.58%
Workshop1.49%
Landscaping1.38%
Heating1.36%
Septic Permit1.29%
HVAC1.25%
Kitchen Cabinetry1.03%
Exterior Paint0.93%
Security System0.86%
Retaining wall0.76%
Other26.91%

Our life's savings, as a pie chart

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