BUSINESS FINANCE (BUSINESS LIVING WAGE) ANNUAL INCOME REQUIRED (x4)
£100,696.70
TOTAL EMPLOYMENT COSTS
£100,696.70
OVERHEAD COSTS Business Insurance Professional & Product Liability Public Liability Insurance PREMISES COSTS Rent Business rates (inc. rent) Electric Gas Water Repair Security Other
43%
£12,500 £5,350 £2,000 £500 £250 £250 £0
TELEPHONE Land Line Mobile
£250 £200
POSTAGE & PACKAGING Correspondance
£100
IT COSTS Software Paper Computer periferals/repairs Ink Cartridges CDs Printer
£1,000 £500 £200 £7,593.60 £0 £3,594
RESEARCH COSTS Books & Magazines Materials for research Travel for research
£400 £0 £300 £0
Other PROFESSIONAL SERVICES Accountant Legal Advice IP Costs (Register work) Other
£0 (ON SITE) £70 £100 £0
PROMOTIONAL COSTS Advertising Printed materials Public relations Samples Photography Design Services Website Signage Shop Fitting Branding
£500 £250 £200 £250 £0 (ON SITE) £0 (ON SITE) £100 £250 £5,000 £0 (ON SITE)
EQUIPMENT £0 £2,000 £250 £200 £3,758.30 £100 £0 £2,000
Car (Business) Computer Computer periferals Camera Workshop Equipment (SCREENPRINTING) Tools Studio Equipment Office Furniture
AVAILABLE WORK DAYS Annual Work Days 5 (per week) 52 weeks 286/365 a year PLUS (-‐) Bank holidays
8
Annual leave Training Research Quoting and presentations Admin and accounts Unexpected events
286-‐72
15 2 2 25 8 2 72 214 CHARGABLE DAYS
CHARGING RATES LABOUR ONLY RATE TOTAL EMPLOYMENT COSTS / TOTAL DAYS £100696.70/214
£470.54
*
OVERHEADS RATE TOTAL OVERHEADS COSTS/ TOTAL CHARGEABLE DAYS £46427.60/214
£216.95
*
* ADD THESE TWO TOTALS TOG
ADD THESE TWO TOTALS TOGETHER FOR DAILY BUSINESS LIVING WAGE =
£687.49