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Service Income Analysis Form
Unlike retail or product companies, service companies are limited by time. This involves both evaluating your income potential and your need for other associates. The service income analysis form template allows you to simply compare and estimate the earnings potential of one provider under different circumstances. It shows the following variables:
- Hours available per year which can be modified. We used 48 weeks at 38 hours per week, 5 days per week, which totals 1,824 hours.
- Average hourly fees after discounts, allowances, or quantity discounts.
- Percentage of time spent actually working. You must estimate down time, administrative time, selling time, etc.
The Chart shows income before other expenses for a variety of expenses. It also allows for comparing differences in fees, or actual billable percentages.