There are several factors that can contribute to high operating costs:
Rent and Utilities: High rental prices and utility bills can consume a significant portion of the budget. Salaries and Wages: Competitive salaries are necessary to attract and retain talent, but they also add to the operating costs. Marketing and Advertising: While essential for growth, marketing campaigns can be expensive. Supply Chain and Inventory: Costs related to sourcing materials, shipping, and storing inventory can add up quickly. Technology and Equipment: Investing in the latest technology and maintaining equipment can be costly.