Beyond Solo Breakeven Model
Get clear on the numbers that make your business hum – time and capacity, revenue, expenses and profit. Use this breakeven spreadsheet to play with different scenarios and make smart, financially-informed decisions, such as:
• How much do we need to make each month to make a profit?
• How much can I realistically earn from my business?
• Is my annual revenue target realistic given my true capacity?
• What happens if I hire a staff member, or increase their hours?
• Can I take on a non-billable staff member, like a VA or operational manager?
This spreadsheet is only a guide. Please check your numbers with your accountant before making any big decisions.
Note, this model was built for a typical Australian service business. You can tweak costs like superannuation to suit your region and business structure.
Get clear on the numbers that make your business hum – time and capacity, revenue, expenses and profit. Use this breakeven spreadsheet to play with different scenarios and make smart, financially-informed decisions, such as:
• How much do we need to make each month to make a profit?
• How much can I realistically earn from my business?
• Is my annual revenue target realistic given my true capacity?
• What happens if I hire a staff member, or increase their hours?
• Can I take on a non-billable staff member, like a VA or operational manager?
This spreadsheet is only a guide. Please check your numbers with your accountant before making any big decisions.
Note, this model was built for a typical Australian service business. You can tweak costs like superannuation to suit your region and business structure.
Get clear on the numbers that make your business hum – time and capacity, revenue, expenses and profit. Use this breakeven spreadsheet to play with different scenarios and make smart, financially-informed decisions, such as:
• How much do we need to make each month to make a profit?
• How much can I realistically earn from my business?
• Is my annual revenue target realistic given my true capacity?
• What happens if I hire a staff member, or increase their hours?
• Can I take on a non-billable staff member, like a VA or operational manager?
This spreadsheet is only a guide. Please check your numbers with your accountant before making any big decisions.
Note, this model was built for a typical Australian service business. You can tweak costs like superannuation to suit your region and business structure.
The not-so-nitty-gritty:
I am not an accountant or tax professional, and am not qualified to give you any financial advice. This model based on my own experience and that of others, and is just a starting point for you to consider and discuss with your own trusted advisers. There may be aspects that don’t apply where you operate, or for your type of business or services.