Passion to Profit
Passion to Profit
To the passionate dreamers, the restless innovators, the tenacious solopreneurs, and the spirited start-ups:
This book is for you.
We know you're brimming with ideas, fuelled by a burning desire to turn your passion into a thriving business. You pour your heart and soul into your craft, creating products or services that you believe in. But let's face it, passion alone doesn't pay the bills.
That's where "Mastering Your Passion to Profit" comes in. We understand that numbers might not be your first love, but they are the language of business. This book is your translator, your guide, and your mentor in the often intimidating world of finance. We'll break down complex concepts into bite-sized pieces, demystify jargon, and equip you with the practical tools to take control of your financial destiny.
Whether you're a street vendor with a dream, a home-based business bursting at the seams, or a budding entrepreneur ready to scale, this book will meet you where you are. We'll show you how to set the right prices, manage your cash flow, and make informed decisions that fuel growth, not just survival.
Remember, you don't have to be a math whiz to build a profitable business. You just need the willingness to learn and the tools to apply that knowledge. This book is your key to unlocking the financial mastery that will transform your passion into a sustainable and thriving enterprise.
So, let's embark on this journey together. Let's turn your dreams into reality, one calculation at a time.
Chapter 1: Setting Your Price
Chapter 2 Cost Recovery
Chapter 3 Covering Costs
Chapter 4 Cost Breakdown
Chapter 5: Fixed Costs Allocation
Chapter 6: Variable Costs Analysis
Chapter 7 Cost Basis
Chapter 8: Setting Prices
Chapter 9 Expense Analysis
Chapter 10 Tax Impact
Chapter 11 Profitability Analysis:
Chapter 12: Growth Analysis
Chapter 13: Profit Margin Calculation
Chapter 14 Pricing Strategy
Business Key Concepts
Jargon used daily
In conclusion
