A Report on the Feasibility of Textbook Rental - IBHE

Funding:1. Please provide an itemized spreadsheet with estimated start-up costs and estimatedannual costs of a textbook rental program at your institution. For your convenience,the following table includes cost areas submitted by institutions to IBHE in 2004.Please be as specific as possible.ESTIMATED START-UP COSTESTIMATED ANNUAL COSTAdvertising/MarketingCommission/Contract/Lease LossComputer System/SoftwareContingencyCredit Card FeesEducation & OrientationEmployee BenefitsEquipmentFixtures -General AdministrationHealth InsuranceInventoryOperationOther (Itemized)Personnel (Full-Time)Personnel (Part-Time)PrintingProject SupervisionSpaceSuppliesSystem Design, Testing & Implementation -Advertising/MarketingCommission/Contract/Lease LossComputer System/SoftwareContingencyCredit Card FeesEducationEmployee BenefitsEquipmentGeneral AdministrationHealth InsuranceInventoryOperationOther (Itemized)Personnel (Full-Time)Personnel (Part-Time)PrintingProject SupervisionSpaceSupplies- System Maintenance2. Please provide bookstore revenue and expenditures for the past five years. To theextent possible, please segregate textbook revenue, cost of sales and net revenuefrom all other sales, costs, and revenues.3. How might a textbook rental program impact your institution’s revenue stream?4. If the revenue stream is negatively impacted, please describe how the revenue lostmight be compensated.5. What might the foreseeable fee rate be for a textbook rental program?-57-