|Target Yearly Income:|
|Yearly Fixed Costs|
|Ave. Manufacturing Per Unit Cost|
|Ave. Sale Price Per Unit|
|Ave. Manufacturing Time Per Unit|
|Ave. Monthly Number of Units Sold|
|Averages should be monthly.|
|Field||Scaling Factor||Percentage Change||New Value|
|Yearly Fixed Costs||0%||0|
|Ave. Manufacturing Per Unit Cost||0%||0|
|Ave. Sale Price Per Unit||0%||0|
|Ave. Manufacturing Time Per Unit||0%||0|
|Ave. Monthly Number of Units Sold||0%||0|
Formula: Ave_Monthly_Number_of_Units_Sold × (Ave_Sale_Price_Per_Unit - Ave_Manufacturing_Per_Unit_Cost) × 12 - Yearly_Fixed_CostsWith the Limit:
- Ave_Monthly_Number_of_Units_Sold ≤ 365 × 24 × 60 × 60 / (Ave_Manufacturing_Time_Per_Unit × 12)
Thinking about turning a hobby into a business? Dabbling with an etsy store front, or making a little side money as a amateur photographer and thinking about "going pro"? Figure out how you need to grow your business in order to reach your profitability goals and reach the next level.
Select the type of business you're in, enter the parameters and give the sliders a try. The Business Scale-Up can show you how lowering your fixed costs, adjusting your sale price or increasing your client base can each affect your bottom line. You can then focus your energy on the variable with the most potential, helping you reach your profitability goals sooner.
Want to see another type of business listed here? Contact me and I'll add it!