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Putting Profit First…

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How To Work Out Your Profit Target – Bonus Video & Calculator

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Use Our Profit Calculator To Discover Your Required Sales Revenue

Using four simple steps, you can calculate your required sales revenue based on your desired profit **Important** Figures are excluding VAT

STEP 1 = Decide how much profit you want the business to make & therefore how much you want to earn. Remember, I encourage you to leave 1/3 to 1/2 of the profits in the company for cashflow/contingency, especially if you want to continue growing it

STEP 2 = Enter the total for your Expenses. If you don’t know these, click here to download an Expense Calculator

STEP 3 = Enter your cost of goods sold as a percentage of your total sales revenue figure. If you know your gross profit percentage simple minus from 100 (ie. GP = 30% – COGS = 70%)

STEP 4 = This is your sales target, to achieve your desired profits/earnings, based on your current business model, see assumptions below

Assumptions

  • Your current overheads or expenses can deliver this volume of sales
  • COGS stays constant as sales revenue changes
  • Corporation tax rate = 18 for year 1st April 2020 – you can adjust the rate as required
  • Figures are excluding VAT
  • Also look at opportunities to reduce expenses as these will have an instant effect on Profit

Assumptions

  • Your current overheads or expenses can deliver this volume of sales
  • COGS stays constant as sales revenue changes
  • Corporation tax rate = 18 for year 1st April 2020 – you can adjust the rate as required
  • Figures are excluding VAT
  • Also look at opportunities to reduce expenses as these will have an instant effect on Profit

Serious About Wanting To Change Your Business? Here’s How To Enjoy Life, Earn More Money, Have Fun! Guaranteed… Or Your Money Back!

Start Making A Difference To Your Business TODAY…

Instant, unlimited access to our unique Business SECCESS® System Strategy Programme