Labor, Material and profit "Coordinator" (Calculator)
For people starting out in
business and for those people with some staff, one of the biggest hurdles is
calculating the arithmetic of the business to return a profit, pay taxes and
grow the business.
This Profit
Coordinator (Calculator) maps out the path
and does the arithmetic as you go. It covers most of the bits and pieces of
business that combine to make you a profit or loss.
Click the picture to
see an expanded version. Click the Back button on your browser to return
This
is the opening screen and it indicates that it covers Labor, Material and
Profit.
The
"Browse a Sample"
button
will give you a good feel for how the
Profit Coordinator works. The "Country"
selection will give you a head start on such things as vacation time, cost
headings etc. as well as an insight into various Labor conditions in
comparable Countries. Please be aware that , as the the US$ is the de-facto
World currency, USA information has been included in this sample. The
information will vary from State to State and within the States. It is used for
example purposes only. The spelling of "Labor" is adopted for
International purposes.
Having
arrived at a result, you will want to move back and forth ,in the Profit
Coordinator, to refresh your
memory and to reconsider such things as an extra staff member, a charge out rate
etc. The calculator has been designed from the experience of working
with clients.
DESIGN

The
six building blocks of The Business Arithmetic Series are set out across the top of the
initial working screen. As you click on one of the blocks, the Menu and the
process that it will follow is set out in the bottom half of the screen. The six building blocks are :-
 | Labor hours |
 | Labor costs |
 | Labor sales |
 | Material costs and sales |
 | Expenses |
 | Profit
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These building blocks are viewed and
outlined in :
What the Profit Coordinator (calculator) does
Suitable For :-
Labor Or
Labor and Materials
Labor includes : Full-Time Staff, Staff
on Contract, Full-Time Casual Staff, Part- time Casual Staff and valuable machines
Zero to 15 productive staff and 5 non
productive staff. More productive staff may be added if there are employees with
similar costs and charge out rates.
Increased Profit and
more available time is the objective.
After considering and applying such matters as : charge out
rates, labor hours availability, productivity, labor and materials relativity,
write down on jobs, costs related directly to staff and finally overhead costs,
the calculated objective of increased profit and more available time, should be
within reach.
Perhaps
then you should consider visiting Fraser Island, the world's largest sand island
just 150 miles from Brisbane Australia and try your hand at fishing and
exploring.
(1) The 75 mile beach on Fraser Island and (2) A medium size
"Mulloway", a prize sought after table fish, which I caught recently.
.............................................................................................
Raleigh Enterprises Pty Ltd and J.V.Hodgkinson
F.C.A Chartered Accountant, 193 Old Cleveland Road, Coorparoo, Brisbane
Australia 4151
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