Dirty Dogs Mobile Pet Grooming
Welcome to Dirty Dogs, your mobile pet grooming studio! Your customers are excited to use your mobile services – their lives are keeping them all pretty busy lately and their little furry friends need you! Review your overhead below.
Overhead
Website: $15/month self hosted
Mobile Studio Payment: $600/month
Gas: $300/month
Supplies: $1200/month
Advertising: $100/month
Insurance: $150/month
Start-Up Cash
$8,000.00
Your P&L Spreadsheet
Each month, you will do a P&L Spreadsheet for your business. This spreadsheet will measure your monthly PROFIT & LOSS. P&Ls are very important to your business. You must accurately track where your income comes from and where it must go in order to maintain your business. This is your P&L spreadsheet – see how you did compared to last month.
These amounts may or may not vary from month to month. All businesses will incur expenses you did not expect, so having cash on hand is a must.
Looks like your profit increased this month. It looks like you had an unforseen expense and had to dip into your cash reserves ($400). This really affected your bottom line. Make sure to put some cash back into your Cash Balance Forward account to ensure it doesn’t dwindle down.
Use the spreadsheet below to calculate your “What ifs.” For example, change the Sales Revenue from $3,900 to $4,800 and see what it does to your Bank Balance!
Check out your P&L! You made a profit – Congratulations!!
