Cash Flow

Revenue Goal: $2,500

Total Revenue: $1,940 

Total Expenses: $387.63 

Net Profit: $1,552.37

Owner Compensation: $1,607.31

Time Breakdown

Work Time

Hours Worked: 38.75

Weekly Average Work Hours: 9.69

Billable Hours: 7 hours (WHOOPSIES)

  • Course Creation: 6 hours
  • Marketing/Content Writing: 1 hour

Non-Billable: 31.75 hours

Billable Percentage: 18% (OPE)

Hourly Rates

Hourly Rates By Project Type

  • Course Creation: $173.33/hour

Overall Hourly Rates

Billable Hourly Rate Before Expenses: $275.18/hour 

Overall Hourly Rate Before Expenses: $50.46/hour

Overall Hourly Rate After Expenses: $40.37/hour

Target Overall Hourly Rate: $60/hour

August was a very bad month for me personally and I will not be sharing about it publicly on the Internet, but I wanted to keep up my commitment to transparency about small business finances. I worked much less than usual, and most of my time was spent preparing to launch a course in September. I did also write an entire workbook in about 6 hours!

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