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How to Calculate Your Hourly Rate for a Service Business

Work out the hourly rate your service business needs: target pay, expenses, billable hours and profit buffer, with a worked example.

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How to Calculate Break-Even Point for a Small Business

How to calculate the break-even point for a small business in units and in revenue, with a worked example, margin of safety and target profit.

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How to Calculate Cap Rate (Formula and Example)

How to calculate cap rate for a rental property: the formula, how to find NOI, a worked example and the mistakes investors make with cap rate.

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How to Price Baked Goods (Cost Per Unit and Profit Formula)

Learn how to price baked goods step by step: ingredient, packaging, labor and overhead costs, the pricing formula, and a worked cupcake example.