Calculator index to the Profits Plus website

We know that owning and managing a small business is a daunting challenge. Too often, making a decision comes down to a guess. It may be an educated guess, but it is still just a guess. We have found that with the right information, making that decision does not have to be a guess. The answer can be determined by a series of calculations.

While we would like to teach this to every small business in either a one-on-one or group situation, we know that is not possible. Instead, we provide 47 calculators online for the free usage of small businesses worldwide.

We realize a massive website like ProfitsPlus.org can also pose a daunting challenge when someone wants to find information to help them make these decisions. This index is to help you locate the appropriate calculator on our website. The title of each is a link to that particular calculator.

Accounts receivable aging - Many businesses operate by sending statements to their customers for the products and services they have purchased. To be profitable requires a monitoring of these receivables. This calculator tells you how old each of your receivables are. This calculator is on the financial ratios calculator page.

Accounts receivable turnover - Just as inventory needs to be turned to maintain and increase profitability, a business wants the same for the accounts receivable. This calculators shows how well you are doing. This calculator is on the financial ratios calculator page.

Acid ratio - Also known as the quick ratio. This is a measurement of the ability of your business to pay bills over the next 12 months. This calculator is on the financial ratios calculator page.

AMP Calculator - Advertising, Marketing and Promoting; three of the hardest parts of running a business. Many businesses lump this all together as advertising. Many businesses spend as much on advertising as they make in profit over the course of a year. Yet they spend far less time determining how to spend the advertising dollars than they do working to improve their profitability. This calculator helps to resolve that. The AMP calculator is downloadable.

It's uniqueness is that it tracks on a weekly, monthly and annual basis, the advertising expenditures and results for each of the users of this calculator.

Break Even Analysis - What does a business have to produce in revenue to cover the basic expenses? This calculator helps you to determine how much has to be sold before you cross over into the area of profitability.

Cashflow projection - 60 days - Financial statements tell you what has happened in a business. This calculator helps you to accurately predict what is going to happen in a business. Based on Tom Shay's book, EZ Cashflow, with this calculator you can learn how to anticipate what sales will be, inventory levels and cash levels for each month.

Cashflow projection - cash basis accounting - If your business uses the cash basis accounting method, this means that your incomes are reported in the month the payment is received. Expenses are reported in the month the payment is made. This method is frequently used by retailers although many have seen the value in using accrual basis. The cashflow projection - cash basis accounting calculator is downloadable.

Cashflow projection - accrual basis accounting - Accrual basis accounting is most frequently used by service businesses whose jobs are completed over multiple months. With these, the expenses often do not incur in the same month that the income is received. In our opinion, the accural basis accounting gives a more accurate view of the financial position of the business in each month. The cash flow projection - accrual basis accounting calculator is downloadable.

Cash to current liabilities ratio - This is another measurement of the liquidity of your business; measuring your anticipated ability to pay bills over the next 12 months. This calculator is on the financial ratios calculator page.

Cost of goods sold - This is often seen as the second line of information on the profit and loss statement of a business selling products. It is calculated by taking the inventory, at cost, at the beginning of the month, and adding the amount of inventory, at cost, that is received during the month. The amount of inventory, at cost, at the end of the month is subtracted. The resulting number is cost of goods sold. This calculator is on the financial ratios calculator page.

Cost of Inventory - Often the buyer of merchandise is in a position of having to make a decision of how to buy - smaller quantities at a higher cost, or larger quantities at a reduced cost. Both buying styles have their advantages and disadvantages. This calculator helps you to resolve that question. Expect to see that the answer varies from item to item, as well as it varies with the same item depending on how much you buy.

Current ratio - A popular measurement used by accountants and lenders. This compares the anticipated ability to turn certain assets into cash to pay the bills expected over the next year. This calculator is on the financial ratios calculator page.

Days of inventory on hand - This calculator presents a hypothetical situation. If you did not order any more inventory, how many days would it be before you were out of inventory. This calculator makes the odd assumption that a customer is going to buy anything you have available for sale. This calculator is on the financial ratios calculator page.

Days sales outstanding - This calculator looks at your accounts receivable to tell you how long it is taking you to collect them. It compares your receivables to your average daily transactions. This calculator is on the financial ratios calculator page.

Debt to equity ratio - Lenders frequently look at this information. It compares how much debt the business has to the amount of equity the owner/stockholders have in the business. This calculator is on the financial ratios calculator page.

Debt to net worth ratio - This calculator compares the debt a business owes to the "bottom line" net worth of the business. The net worth considers any stock a person has in a business as a debt. This calculator is on the financial ratios calculator page.

Financial Ratios - There are 23 calculators within this one financial ratios calculator. This one helps you to answer questions with regard to liquidity, profitability, productivity, activity and financial coverage of debt. In addition to doing the math for you, these calculators will explain how each of the ratios are calculated, why you want to know about that ratio, and for many this gives you some guidance with regard to desired answers.

Financial statement explanation - This calculator will take you through a step by step explanation of how a profit and loss statement is built and what information from that document moves to the balance sheet.

Gift card vs discounting - Too often small businesses offering services and products promote themselves by offering discounts. This calculator demonstrates that when a business offers its own gift card in place of a discount, how many more sales occur as well as how the maintained gross margin improves.

Gross margin return on inventory - Also known as GMROI. This looks at your maintained gross margin and your inventory return rate. This calculator is on the financial ratios calculator page.

Gross profit percentage - The selling price of the products you sell has two components; the part that pays for the product and the remaining part that is your gross profit percentage. This should be the number that appears on your profit and loss statement. This calculator shows how to calculate it. This calculator is on the financial ratios calculator page.

If You Lower Your Price - This is two calculators on one page. Designed to answer that age old question in businesses about changing prices. "If I lower my price, how many more do I have to sell to make the same amount of profit?" This calculator removes all doubt and guesses by providing you with absolute answers. You will know when you lower your price how many you now have to sell to make the same gross sales dollars and how many you have to sell to make the same gross profit dollars.

Individual item margin - This calculation is perform like the gross profit percentage with the exception this is for a single item. This calculator is on the financial ratios calculator page.

Inventory per square foot - This calculator helps you determine how much inventory you need. It will ask you about the square footage, the inventory turn rate and the desired sales. Put it all together and it will tell you how much inventory it will take to drive the sales.

Logical profit and loss statement - Take a look at a traditional profit and loss statement. Use our sample numbers or enter your own. Then move the information to the new format and see how it can be easier for you to understand and utilize the information in the logical profit and loss statement.

Margin vs. Markup - This calculator page is also two calculators. So, which is it; margin or markup? Do you have a markup or a margin? How do you calculate it? Is this just a play on words? And is the answer for margin the same as for markup? This calculator explains how to calculate each; which one is the right one to use and which one is not.

Markdown planning - When they are initially purchasing the inventory, larger businesses plan when and by how much they are going to mark down their merchandise. This way their final maintained gross margin is not a surprise to them. This calculator helps every business to take advantage of that information.

Multi-year analysis - Utilizing this calculator you will see if there are consistencies in your profit and loss statement over a period of up to four years. The calculator allows you to look at each expense, the margins, sales, and net income to see if you have been able to maintain a consistent control of your business.

Open to Buy - This is a technique of determining how much merchandise is necessary to produce the anticipated sales through the season of a category of merchandise. Using this calculator helps to eliminate the problem of having too much merchandise on hand at the end of the season and needing to have a big clearance sale at substantially reduced prices. The open to buy calculator is downloadable.

Operating expenses as a percentage - Look at the transactions in your business as a pie; the sale is the whole pie and now you begin to slice the pie. The "slice" that represents your total operating expenses will be a certain percentage of the whole pie. This calculator shows that answer. This calculator is on the financial ratios calculator page.

Operating margin per square foot - Not all square feet in a brick and mortar business are created equal! Some areas of the building are producing better than others. This calculator helps you to understand the differences in your business. This calculator is on the financial ratios calculator page.

Personal productivity ratio - This is a unique but important calculation. It looks at profitability and compares it to payroll. It helps you to understand if your staff is selling the products and services that makes the most money. This calculator is on the financial ratios calculator page.

Price Rounding - When a buyer determines how much to sell an item for, they are likely to be charging less than what the customer is willing to pay. This calculator helps to find those few extra cents and dollars that quickly add up to extra profit.

Promotion Evaluation - Too many small businesses spend more on advertising than they give discounts to their customers. This calculator helps you to make sure your customer is talking about how much they saved when they did business with your business; as compared to you talking about how much your advertising is costing you.

Return on Assets - Your business controls many assets; some that you own and some that you owe for. This calculator helps you to assess how well you are utilizing these assets to produce income for your business. We have a class we teach on how to improve the return on assets.

Return on assets - This return on assets calculator is a quick version.This calculator is on the financial ratios calculator page.

Return on equity - Another "return on" calculator. This one looks at the equity a person has in a business and how well it is earning money. Think of this one as asking, "how well is my investment working for me?" This calculator is on the financial ratios calculator page.

Return on Investment - If you invest money in a bank, you are sure to ask about the rate of return on your investment. However, most small business owners do not ask the same question about the amount of money they have invested in their business. This calculator not only answers that question but helps to teach how to improve the return on investment.

Sales per employee - The calculator looks at the total sales of a business and compares it to the number of employees. It requires you to take into consideration part time employees and adding their hours to equate to full time employees. As an example, two people each working 20 hours a week will be converted to one 40 hour a week person. This calculator is on the financial ratios calculator page.

Sales to inventory ratio - This calculator will ask for your average inventory on hand and compare it to your sales. This calculator is on the financial ratios calculator page.

Small Business Evaluation Questionnaire - This is a PDF which has a series of questions to ask about your business and yourself. It is not scientific; nor are their right or wrong answers for each of the questions. Instead, this is a guide to help you decide where your business is doing a great job and identify opportunities for improvement. As the owner/manager is the key to a profitable business, there is a section of questions to ask about you. The Small Business Evaluation Questionnaire calculator is downloadable.

Small Business Financial Test - This calculator is the same concept as the small business knowledge test. However, this one deals only with financial issues of the small business. Take the test and see how much you know about the necessary financial part of a small business.

Small Business Knowledge Test - Just like in school; a 20 question multiple choice test asking how much you know about owning a small business. Answers provided after you take the test.

Space productivity ratio - One of the biggest investments a business makes is for the square footage it occupies. Another is the inventory the business sales. This calculator makes the comparison. Space productivity is also referred to as "sales per square foot". This calculator is on the financial ratios calculator page.

Turn rate - cost method - One of the most important measurements of a well run business is how fast does the business sell and replace the inventory on hand. It is referred to as "turn rate". However, there are two methods; calculating inventory at cost and calculating inventory at retail. We offer both. This calculator is on the financial ratios calculator page.

Turn rate - retail method - One of the most important measurements of a well run business is how fast does the business sell and replace the inventory on hand. It is referred to as "turn rate". However, there are two methods; calculating inventory at cost and calculating inventory at retail. We offer both. This calculator is on the financial ratios calculator page.

What is a Customer Worth? - Ever stop to think what the customer is truly worth to a business? Not just from how much profit you make from one purchase, but from the aspect of that customer doing business with you multiple times each year as well as doing business with you over several years. That amount does add up, but how much? This calculator helps you to determine the value of a customer to your business.

What it takes to make a profit - This calculator breaks a transaction into an explanation of what happens in your business. It starts with the price you sell a product or service for. Based upon the input from your profit and loss statement, it shows how much of the price of the product or service goes to each expense within the business as well as how much of the price goes to pay for the product or service.