ZCP
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So 'just hope it all works out'? Really?
You've washed a car. How long does it take? What do you need in materials? How much does all of that cost?
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This is like getting in your car to take a long trip and 'hope' you have enough gas! How many miles is it? How many miles per gallon does your car get? How full is your tank? How many gallons can your tank hold? Can you make it or will you need to stop?
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Back to washing cars....
Do some math!
Work out a simple P&L for 100 car washes sold to see where you are
Sale ....... sale price x 100
Cogs ...... cost of goods sold. labor, materials, etc. directly related to the sale
Gross Margin = Sale - cogs
G&A expenses
insurance, licenses, marketing, uniforms, flyers, fees, bank, accountant, payroll, tools, etc.
Net Profit = Gross Margin - G&A expenses
How many cars do you need to detail to make your desired profit. What if you only do 25? What if you do 1000? Make sure you include your labor costs as if you had to hire someone! Make sure the numbers work and then see if they scale.
Income statement - Wikipedia
If the numbers work, do a LOW investment MVP and run a test over a week to see if your assumptions jive with the real world. Then pivot. Good luck!!
You've washed a car. How long does it take? What do you need in materials? How much does all of that cost?
---------------------------------
This is like getting in your car to take a long trip and 'hope' you have enough gas! How many miles is it? How many miles per gallon does your car get? How full is your tank? How many gallons can your tank hold? Can you make it or will you need to stop?
---------------------------------
Back to washing cars....
Do some math!
Work out a simple P&L for 100 car washes sold to see where you are
Sale ....... sale price x 100
Cogs ...... cost of goods sold. labor, materials, etc. directly related to the sale
Gross Margin = Sale - cogs
G&A expenses
insurance, licenses, marketing, uniforms, flyers, fees, bank, accountant, payroll, tools, etc.
Net Profit = Gross Margin - G&A expenses
How many cars do you need to detail to make your desired profit. What if you only do 25? What if you do 1000? Make sure you include your labor costs as if you had to hire someone! Make sure the numbers work and then see if they scale.
Income statement - Wikipedia
If the numbers work, do a LOW investment MVP and run a test over a week to see if your assumptions jive with the real world. Then pivot. Good luck!!
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