Steven

Profit Partner - Your new best friend in a world of profits and losses!

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Profit Partner allows you to track and estimate fixed and variable costs in real time and will make suggestions if you're looking like you need to raise your prices or sell more units. Profit Partner's got your back!

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Steven
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Hey everyone! I am so excited to be here and to show you all one of the tools that I've worked on as part of my Spreadsheets for Success collection. Profit Partner is my latest spreadsheet and is one that I am very proud of (that's right, I sell spreadsheets and try to make them less boring!). This tool is a quick reference for anyone who has started or is planning to start a business and needs to be in tune with their profits and losses constantly. How it works: The user (that's you!) will input the various products or workstreams that they want to track. I know we are all busy, so there's space for a few different streams here. Once they do that, they'll enter in the typical expenses for each product or workstream, as well as the price that each is currently sold. This is where the fun comes in! Once the user (you) has entered in the initial dollars and cents, the tool does the rest of the work for you. At this point, you will see suggested pricing if you aren't charging enough as well as a "break even" number. This being the quantity that you need to sell in a given timeframe in order to truly make your money back and to begin to see a profit. And that's it! That's Profit Partner. Your new best friend in business! I hope you all enjoy this tool as much as I've enjoyed creating it. Any support and feedback is much appreciated! Thanks, Steven