Know the maths, make the money

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Know the maths, make the money

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Have you done the numbers? Will you make money? Know the numbers and there are no hidden surprises.

Grab my financial modelling spreadsheet templates. It’s all done for you. Simply change the assumptions to suit your business operations.

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My financial modelling spreadsheet templates for class-based businesses are easy to use. It’s all done for you. Simply change the assumptions to suit your business operations, e.g. venue hire, student fees, staff costs, admin hours, equipment, etc.

Package includes: Excel spreadsheet templates and an ebook that explains the spreadsheets, scenarios, assumptions and business operations.

We look at 5 different business scenarios:

  1. What does break even look like?

  2. What does earning $50k look like?

  3. What does earning $100k look like?

  4. Blank template to create your own scenario - class based business

  5. Blank template to create your own scenario - general business

This helps you to paint a picture of what business operations looks like at various income levels. Understand how many classes and students you need and what costs to deliver this volume of service in order to achieve $50k or $100k a year. More students means more classes and more work, right?

Get a better understanding of the business model you are currently operating at and the business model you are trying to achieve.

Plus, get a better understanding of costs of good sold. Are you products sufficiently priced at a level that holistically considers what it takes to deliver it? Have you calculated and considered customer acquisition costs?

Going through this process will help you understand any chinks in your financial modelling armour. Once you have identified any vulnerabilities, you can take the steps to strengthen your business.

Don’t jump straight into the deep end. Plan your path and achieve success.