How to Scale Your Business

In a world growing full of young entrepreneurs, it’s important to make sure your business gets off to a great start. Even if it hasn’t, that doesn’t necessarily mean you can’t turn things around. It’s important to always remember to collect and store your data; the amount of time you’re spending on each step of your business, the revenue generated, etc. in efforts to effectively scale your business.

Below, you can find a Time Value Analysis template. Apply it to your business to figure out the most effective way to calculate and analyze your time value on a per task/per project/per hour model. We want to ultimately determine a timeline and cost analysis plan to scale your business.

Time Value Analysis

*Please note that this is for YOUR personal use to help you get an idea of how much time and effort you’re putting into your business. The information generated does not have to be shared with anyone but you and your company.

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Cost Model

Please list the criteria and cost for development and services for client engagements

  • Open source website creation and management tool

    1. How much does your business cost?

    2. How much do you charge your customer?

Social Media

  • Facebook Ads

  • Instagram Growth

  • Other

  • Cost of Services?

Project Analysis

  1. Number of completed client projects or transactions:

  2. Cost breakdown

    1. Project 1

      1. Total revenue generated

      2. Total hours spent

      3. Development and services breakdown: Using the cost model above, please list the services and cost per service

      4. Social Media advertising

Time Value Analysis

Sum of all projects or transactions:

  1. Number of completed client projects or transactions

  2. Total hours spent on client engagements

  3. Analysis

    1. Aspect 1 of your Business

      1. Total cost for your company

      2. Total revenue earned from client 1 or transaction 1

      3. Difference

    2. Aspect 2 of your Business

      1. Total cost for your company

      2. Total revenue earned from client 2 or transaction 2

      3. Difference

    3. Social Media

      1. Facebook breakdown

        1. Total revenue earned

        2. Total hours spent (if applicable)

      2. Instagram breakdown

        1. Total revenue earned

        2. Total hours spent (if applicable)

    4. Additional Services

Use this tool to help you breakdown your business. It’s time to make sure you know and understand where most of your time is being spent, and how much you’re getting out of it.

*Special thanks to Kennan Samman, Machine Learning & Artificial Intelligence Software Commercial Expert

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