Income Worksheet?

I think it was in this forum that some time ago I came across a link to a worksheet that helped you figure out how much you needed to make in photography to make a living at it. Or, it may have been a worksheet to figure out exactly how much your photography is costing you (expenses and all). Can anyone help me with that?

I did not see that specifIcally. But if you have excel and go on microfiche website and search for a free profit and loss template.

jenirose3 wrote in post #11867488
I did not see that specifIcally. But if you have excel and go on microfiche website and search for a free profit and loss template.

what is "microfiche website?

THIS might be what you're looking for.

Got it from THIS thread.

I need to update that thread

You have a lot of really good information there!

I've gained a whole lot more! I'll give it a brush up in office and see if I can make it a bit more coherent.

ShotByTom wrote in post #11868701
THIS might be what you're looking for.

Got it from THIS thread.

That's it! Thanks, dude!

One point from looking at the sheet is that you really need to break down the expenses into fixed and variable expenses.

Some costs you will only incur when you are actually doing a job (income tax), some are discretionary (entertainment) and others are fixed (rent) etc.

Your fixed costs basically boil down to "if I did no work this year what would I have to spend".

Variable costs are more "if I do this job what extra will it cost me".

Fixed costs go into your overhead calculation - variable costs do not.

iPhone should have said Microsoft not microfiche

jenirose3 wrote in post #11913251
iPhone should have said Microsoft not microfiche

That's funny...the iPhone refuses to print Microsoft!

My auto correct comes up with some pretty funny corrections!