Overview
Most tailors who start their own business fail to create a simple yet powerful financial business plan. Why? The reason is simple: most business plan templates are completely useless and overly complicated!
What you want to know as a business owner is whether or not you can make X profit a year with all the costs that you will have. More importantly, what you need to have to maintain your sales–the number of sales you need to make, the number of tailors you need to have etc.
Our calculator does exactly that. It will first ask you 29 questions about your most important expenses. You then choose how much profit you want to make at the end of the year. We're talking about proper profit here. The one that you get to keep and buy ice cream with. Based on your chosen net profit, It will give you a clean, simple and clear summary of what you must have in place if you want to make that kind of money a year.
Just imagine a financial planner telling you this: "If you want to make X amount of profit a year, you need X amount of tailors, who each produce X amount of jackets while keeping these costs below XYZ"
That's what this planner does. Not many people get this close to understanding what they need to prepare for so that at least they move in the right direction. It's now yours to have.
One of the great benefits of this calculator is that you can duplicate it to run multiple scenarios with different products and compare them together.
Important!
This is an Apple Numbers file. We don't yet have a Windos Excel alternative.
Reviews
This calculator was so easy to use, yet asked the questions that I would have never thought to include. The way this calculator is setup helps you to ensure that you've covered all the considerations and then shows you how much production you need in order to achieve your profit goals. The best thing about it is that you can play with the numbers for your desired outcome and know EXACTLY how much you need to produce and how many people you need to hire, if any, in order to achieve it.