Profit-Ready™ by CFOSg
The $100 Profit-Ready Challenge
Imagine your business receives $100 after paying direct costs such as materials, subcontractors and direct labour. Decide where that $100 currently goes.
We call the amount left after direct costs True Revenue.
This is the money available for Profit, Owner Pay, Tax and Overheads.
Allocate the full $100
$0 of $100 allocated
Reward for owning, building and taking the risk in the business.
Allocation
$0
Pay for the work you do inside the business.
Allocation
$0
Money protected for expected business and owner tax.
Allocation
$0
People, rent, software and other costs needed to run the business.
Allocation
$0
Your $100 split
Total allocated
$0
Profit
$0
Owner Pay
$0
Tax
$0
Overheads
$0
This challenge is a planning tool. Compare your intended split with your actual Xero results before changing your percentages.