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Calculate annual and monthly revenue targets, GST, tax, and operating expenses as dollar amounts and percentages of revenue, like the Profit First method. The best part is you can automate this for real using Allocations in Thriday.
When you run your own business, you need to figure out how much money you need to make to cover everything - your personal income, business expenses, taxes, and still have some profit left over.
What you tell it:
What it calculates:
Smart adjustments: Tax is deducted from owner's pay. If your profit is high and tax exceeds owner's pay, then tax is deducted from your profit.
What you get:
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