Presumptions Flashcards
Population of USA
320 million
Average number of people per household
2.5 people per household
Number of US households
120 million
How many working hours in a year?
2000
8 hours x 5 days a week x 48 weeks a year = 1920 hours a year
Population of the UK
70 million
Population of London
9 million
Number of UK households
28 million
What are good profit margins?
5% low
10% average
20% high
Good breakeven times
Large industries (healthcare, tech, energy, manufacturing), 3-5 years
Software and tech startups, 1-3 years
Consumer goods and retail, 6-18 months (2-3 years for larger chains)
Service-based (consulting, legal), 1-2 years
Working population of the UK
50% of population
35 million
UK life expectancy
82 years
Urban-rural population split UK
80% urban
20% rural