Once the business knows its expenses and available working hours, then it can set a price for its services. This is based on what the business needs to pay its way (business survival budget); what the proprietor needs (personal survival budget).
These figures will be individual to every household. Many may know the amount that they need each month, per year, to run their homes and their lives. For those who have not undertaken this exercise, or not done it recently it is the first step to determine a minimum price that the business will charge for its services.
Basis of Calculation
£ Per Year
Mortgage or Rent
£675 per month
This content requires a Croner-i subscription.
Existing subscriber? Log in
Contact us to discuss your requirements.
0800 231 5199
Croner-i is the trusted source of expert guidance and time-saving tools.