Example budget*
Monthly (Apr-Mar)
Total (12 months)
Days worked
20
240
Total income from labour
$9,600
$115,200
Materials charged out
$2,520
$30,240
Total sales
$12,120
$145,440
Franchise royalty costs
$820
$9,840
Advertising levy
$130
$1,560
Homebase/Xero
$87
$1,044
ACC (Est.)
$100
$1,200
Insurance (Est.)
$235
$2,820
Telephone/Internet (Est.)
$120
$1,440
Petrol (Est.)
$320
$3,840
Tools (Est.)
$100
$1,200
Vehicle R & M (Est.)
$150
$1,800
Total costs
$2,062
$24,744
Cost of materials
$1,728
$20,736
Operating surplus before depreciation, drawings, tax
$8,330
$99,960
*Assumes owner operator is working a 40 hour week.
Disclaimer:
This budget is for information purposes only and is not an investment advice or a recommendation to invest in a Hire A Hubby franchise business and has been prepared without taking into account the objectives, financial situation, abilities or needs of prospective franchisees.
This budget does not contain all of the information that a prospective franchisee may expect or require in order to make an informed decision as to whether to invest in a Hire A Hubby franchise business and the franchise business will be subject to the usual terms stipulated by Hire A Hubby. Any prospective franchisee must rely on their own investigations and professional advice in relation to the opportunity set out in this this spread sheet and the suitability of an investment in a Hire A Hubby franchise business to the prospective franchisee’s circumstances.
This budget contains forward looking statements which, by their very nature, are subject to risks, uncertainties and contingencies, many of which are outside the control of Hire A Hubby. Hire a Hubby has made assumptions in preparing this calculator and those assumptions may prove to be materially incorrect. Actual results may vary from forecasts and any variation may be materially positive or negative. Hire A Hubby accepts no responsibility for any errors or omissions in this calculator and all liability in respect of the same (including in tort and contract and, to the extent permitted by law, in relation to statutory duties) is disclaimed and excluded.