01
Track revenue per service
Record each visit, agreed fee, discounts and payment date. A booking is not the same as a payment.
02
Record direct costs
Include transportation, parking and approved job supplies. Keep receipts organized outside client files.
03
Separate recurring costs
Consider software, insurance, equipment maintenance and other regular business expenses.
04
Understand profit versus revenue
Revenue does not equal profit. Account for relevant taxes and payment fees.
05
Review every month
Compare received payments, outstanding invoices and costs. Use the results to improve your pricing.