You can’t run a business successfully without having a firm grasp on your numbers. This spreadsheet helps you make it easy peasy. First, estimate your monthly income for each different session type that you have. These will automatically be added up for you.
Then estimate your cost of goods sold for each month…..generally this should be 25% or LESS of your total sales for the month.
Lastly, estimate your monthly expenses which have already been divided among common managerial accounting categories.
The math fairy will calculate everything and you can see your profit/loss estimates for the year. If you keep this handy it’s useful to compare your numbers each month to see if you are on track or need to make income or expense adjustments.
The link to download this form is located under the image below!
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