5 YRS FINANCIALS EXCEL WORKBOOK
- Develop profitably projections for up to 5 years
- Understand where you will break even and start to turn a profit
- Predict how much your collection, marketing, and business will make money
It’s so important throughout this entire design & development process to keep track of every cost for every style. But in order to keep track of all of these costs, you will need to set up financial projections, this will help you manage financial obligations and expectations.
This financials template can help you easily figure out how much you need to charge in order to make a profit and reveal the exact formula you need to calculate your wholesale and retail prices. Then determine how many customers you'll need to attract to sell your collection, making allowances for marketing and production
One of the biggest mistakes start-up designers make is that they don’t know how to properly cost their line or know when they'll break even and then they’re out of business within 2 years. To avoid making the same mistake. Grab this cost sheet template that has been tried and tested over the years!
This template will help you easily track the individual product costs and the profitability of each of your designs. And we’ve included both a blank template and instructions of use (Customizable in Excel with all mathematical calculations already built into the template!