Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1   Report Post  
Michelle
 
Posts: n/a
Default how do i work out what price to charge

i am a nail technician, and would like help with working out what i spend
every month( on supplies e.g nails, nail polish , nail polish remover, fuel(
car) , etc etc ), then be able to have a total figure at the end where i
charge for a certain job, i.e french nails $30... by being able to work out
how much im spending a month, compared to how much im earning... i'll soon
realise whether or not im under charging myself

look forward to your response

kind regards
  #2   Report Post  
Tushar Mehta
 
Posts: n/a
Default

Good questions. You could start with a simple table, say with 5
columns: Date, Category, Description, Expense, Revenue. Each entry
will have a date, category, and description, and an amount in either
the Expense or Revenue column.

Date Category Description Expense Revenue
3/1/05 Indirect Polish Remover 2.50
....
3/3/05 Direct Nails 4.50
3/3/05 French Nails New customer 20 mi. drive 30.00
...
3/5/05 Indirect Gas 24.45
....
3/10/05 Overhead Business cards 40.00

Now, whenever you want, total up the Expense column and the Revenue
column and you'll know how you are doing.

What you can charge for a service depends less on your expenses and
more on the competition.

You can use the Category column to further refine your analysis.

I would keep it as simple as possible. As you become more familiar
with the analysis and if you perceive a need for it, add more bells and
whistles.

--
Regards,

Tushar Mehta
www.tushar-mehta.com
Excel, PowerPoint, and VBA add-ins, tutorials
Custom MS Office productivity solutions

In article ,
says...
i am a nail technician, and would like help with working out what i spend
every month( on supplies e.g nails, nail polish , nail polish remover, fuel(
car) , etc etc ), then be able to have a total figure at the end where i
charge for a certain job, i.e french nails $30... by being able to work out
how much im spending a month, compared to how much im earning... i'll soon
realise whether or not im under charging myself

look forward to your response

kind regards

Reply
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules

Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Macro's for figuring Price Lists?!? MonteNOS Excel Discussion (Misc queries) 2 April 1st 05 08:34 PM
Product Price List with 14k records, filter w/out using AutoFilter ChrisSeattle Excel Worksheet Functions 1 March 3rd 05 06:46 PM
Computing Sales Tax and Retail Price from a number Lani Jo Excel Worksheet Functions 8 February 16th 05 08:06 PM
looking to update price list, wanted to up charge list by 35% . frankie Excel Worksheet Functions 2 December 13th 04 02:17 PM
Change Path names in copied work book jheaney Excel Worksheet Functions 2 November 18th 04 07:29 PM


All times are GMT +1. The time now is 11:55 PM.

Powered by vBulletin® Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
Copyright ©2004-2025 ExcelBanter.
The comments are property of their posters.
 

About Us

"It's about Microsoft Excel"