As an agency owner with 5 services and counting, plus multiple contractors –– I know a thing or two about money & profitability.
Whether you have digital products, VIP days, 1:1 services, memberships & more, and this pricing tracker accounts for it all.
Unlike most people who teach you to just track expenses, a few contractor fees and call it a day –– I include the raw numbers and calculations you need for your ACTUAL take home pay per service. Not only that, but you will also be able to identify your quarterly sales goals!
I won't spoil all the fun here! Check out the "What's included" tab to read more.
* General Business Expenses: Input contractors and monthly expenses so you can see how they affect your bottom line.
* Contractor fees: Input how much each contractor charges based on hourly or retainer!
* Pricing per service: Includes a breakdown of how to calculate your pay in full options vs monthly recurring payments
* Quarterly revenue goals: Map out your numbers for the year based on your new prices!
* Breakdown of income before & after taxes: Comes with a tutorial explanation of Gross Profit vs Net profit and why you need to understand the difference!
Lemme guess...you picked your hourly rate out the blue, or worse you converted your previous salary into hourly? YIKES girl! Let me help you. Truth is business expenses and 9-5 job expenses are totally different so a direct leverage isn't always the best option.
Lucky for you, you don't have to figure it out on your own. All you have to do is answer 3 questions and input your numbers to see what your ideal hourly rate should be. Takes less than 1 minute!
10K months are nice an all but you have to have a PLAN on how to get there. More importantly you need to be able to analyze what is selling well, and what isn't and then be able to pivot where need be. In this mini tutorial I'll take you behind the scenes on how I projected my income when I was first starting.
Note I use a financial bookkeeping service now but this was a great substitute when I couldn't afford to hire help!.
CALCULATE YOUR HOURLY RATE
HOW I PLAN MY YEARLY REVENUE
whats included
* General Business Expenses: Input contractors and monthly expenses so you can see how they affect your bottom line.
* Contractor fees: Input how much each contractor charges based on hourly or retainer!
* Pricing per service: Includes a breakdown of how to calc pay in full options vs monthly recurring payments.
* Quarterly revenue goals: Map out your numbers for the year based on your new prices!
* Breakdown of income before & after taxes: Comes with a tutorial explanation of Gross Profit vs Net profit and why you need to understand the difference!
Lemme guess...you picked your hourly rate out the blue, or worse you converted your previous salary into hourly? YIKES girl! Let me help you. Truth is business expenses and 9-5 job expenses are totally different so a direct leverage isn't always the best option.
Lucky for you, you don't have to figure it out on your own. All you have to do is answer 3 questions and input your numbers to see what your ideal hourly rate should be. Takes less than 1 minute!
bonus # 2 HOW I SET YEARLY FINANCIAL GOALS IN MY BUSINESS
10K months are nice an all but you have to have a PLAN on how to get there. More importantly you need to be able to analyze what is selling well, and what isn't and then be able to pivot where need be. In this mini tutorial I'll take you behind the scenes on how I projected my income when I was first starting.
Note I use a financial bookkeeping service now but this was a great substitute when I couldn't afford to hire help!.
Nothing is worse than when you anticipate costs for one thing and then POOF you're sitting with a fat contractor bill!
In this mini training I share my thoughts on which payment structure is best (hourly contractors vs retainer), how to predict expenses plus a few tips and tricks along the way!