Knowing your numbers is vital to running a successful trades business.
‘Show Me The Money! Tradie Financial Health Check’
‘Show Me The Money! Tradie Financial Health Check’
You can make some costly mistakes if you’re not watching your margins and profits. And if you don’t know your numbers in real time you could be in big trouble come tax time.
This calculator should be completed at the end of every month so you know how financially healthy your trades business is now.
It’s a Google Sheet so make a copy of the template in whatever format you like (either ‘file - make a copy’ for a Google Sheet or file - download - excel for a Microsoft spreadsheet).
Then all you need to do is:
It’s a Google Sheet so make a copy of the template in whatever format you like (either ‘file - make a copy’ for a Google Sheet or file - download - excel for a Microsoft spreadsheet).
Then all you need to do is:
- enter your Revenue, Overheads and Cost of Sales from your Profit and Loss Statement (you can find that in Xero etc) and Show Me The Money will calculate the rest.
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