Revenue Box Owners TOTAL REVENUE IS THE NUMBER THAT REPRESENTS ALL - - PowerPoint PPT Presentation

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Revenue Box Owners TOTAL REVENUE IS THE NUMBER THAT REPRESENTS ALL - - PowerPoint PPT Presentation

Revenue Box Owners TOTAL REVENUE IS THE NUMBER THAT REPRESENTS ALL THE MONEY YOU COLLECTED FROM MEMBERS QUESTION FOR TOMORROW Is a business that collects $1 million in revenue a $1 million dollar business? Total Revenue Where Do I Find


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SLIDE 1

Box Owners

Revenue

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SLIDE 2

Total Revenue

TOTAL REVENUE IS THE NUMBER THAT REPRESENTS ALL THE MONEY YOU COLLECTED FROM MEMBERS

QUESTION FOR TOMORROW Is a business that collects $1 million in revenue a $1 million dollar business?

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SLIDE 3

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Where Do I Find Revenue?

Profit and Loss Statement

Aka Income Statement

Customer Deposits

You’ll need your bank statements

CRM

i.e. wodify, mindbody, zenplanner, etc

Where Where

BEST OK OPTION DON’T

DETAILS

This is a standard report than any accounting software should have as an option. On the Profit and Loss report, it will be labeled as “Total Income” or “Total Revenue” Get your bank statements ready. Most banks make these available to you online. Add up all deposits that are from members. Some deposits could be from you personally or loans, so only add up the deposits from members. Just to be safe, don’t go off what your CRM says. We have noticed discrepancies in what the CRMs show as income and what was actually deposited.