Running a business without understanding your numbers is like driving blindfolded – you might get somewhere, but you probably won't like where you end up. Having a clear picture of these numbers is essential.
That’s why we've broken down everything you need to know about calculating your monthly revenue, with a tried-and-true formula and calculator for your use.
Stop leaving money on the table. See how credit cards help you get paid faster and grow smarter.
Your monthly revenue calculator helps you estimate your potential monthly income and expenses. It calculates the total amount of money coming into your business from all sources of income.
For service-based businesses—like salons, spas, med spas, barbershops, and others—this includes:
What a revenue calculator can reveal for you is deeper and more important than your take-home number each month.
It not only saves you time but transforms your financial guesswork into data-driven business planning, helping you set and reach clear, sensible revenue goals. It also helps with:
Before you start crunching some numbers, here is the basic formula you need to use:
Or:
Or, for a very detailed version:
The number of working days per week has a significant impact on revenue potential and break-even calculations for service-based businesses. Let's look at the impact of working days per month on revenue capacity, understanding that:
So, remember the following formula: Monthly Revenue = Working Days per Month × Services per Day × Price per Service
Or to be very precise:
Monthly Revenue = (Days per Week × 4.4) × Services per Day × Price per Service
Note: 4.4 is the average number of weeks per month (52 weeks ÷ 12 months = 4.33, rounded to 4.4)
Running a business without understanding your numbers is like driving blindfolded – you might get somewhere, but you probably won't like where you end up. Having a clear picture of these numbers is essential.
That’s why we've broken down everything you need to know about calculating your monthly revenue, with a tried-and-true formula and calculator for your use.
Stop leaving money on the table. See how credit cards help you get paid faster and grow smarter.
Your monthly revenue calculator helps you estimate your potential monthly income and expenses. It calculates the total amount of money coming into your business from all sources of income.
For service-based businesses—like salons, spas, med spas, barbershops, and others—this includes:
What a revenue calculator can reveal for you is deeper and more important than your take-home number each month.
It not only saves you time but transforms your financial guesswork into data-driven business planning, helping you set and reach clear, sensible revenue goals. It also helps with:
Before you start crunching some numbers, here is the basic formula you need to use:
Or:
Or, for a very detailed version:
The number of working days per week has a significant impact on revenue potential and break-even calculations for service-based businesses. Let's look at the impact of working days per month on revenue capacity, understanding that:
So, remember the following formula: Monthly Revenue = Working Days per Month × Services per Day × Price per Service
Or to be very precise:
Monthly Revenue = (Days per Week × 4.4) × Services per Day × Price per Service
Note: 4.4 is the average number of weeks per month (52 weeks ÷ 12 months = 4.33, rounded to 4.4)