A simple and convenient service for calculating the payback of a project is implemented on our website. Now there is no need to calculate on a calculator or set up complex formulas in excel.
Everything has become very simple, fast and convenient! Let’s take a step-by-step look at how to calculate the payback of a project using the calculator on the Business and Plan website .
Step 1. Choose the legal form
Here you need to choose the legal form of your business: individual entrepreneur, LLC or other options.
Step 2. Choose a taxation system
Next, you need to choose a taxation system: a patent, a single imputed income tax (UTII), a simplified taxation system (STS), a general taxation system (OSN) or a single agricultural tax (ESHN).
At the same time, a patent and UTII can be combined with any tax regimes. USN, DOS and ESHN cannot be combined with each other.
Depending on which system of taxation you choose, you need to take into account:
Patent — you must specify the amount of expenses for a patent per year. This is not the amount of the patent itself, but the cost of the patent (6% of the patent amount);
UTII — quarterly tax. Therefore, it is necessary to indicate exactly the amount of quarterly tax payments. The tax rate for UTII is 15%, therefore it is necessary to indicate an amount equal to 15% of the tax base;
STS — for a simplified taxation system, you must select a tax rate of 6 or 15%;
DOS — just select this item if you work on a general taxation system;
ESHN — select this item and indicate the tax rate in% if you are an agricultural producer
Step 3. Specify the amount of investment
At this point in calculating the payback of the project, you must indicate the amount of all expenses that need to be made at the start of the business. Those. even before the moment when the business begins to bring the first income. You can read more about investments (or start-up investments) here .
Step 4. Indicate the amount of all funding sources
Investments must be covered by funding sources. In essence, funding sources are where you get money to implement your project: your own funds, loans, loans, partner funds …
The amount of investment is always equal to the sum of funding sources.
When entering a loan and a loan as a source of project financing, do not forget to indicate the loan issuance period in months and the interest rate at which the loan was issued.
Step 5. Enter forecast revenue
This is the most time-consuming step — here you need to enter 24 digits. But it is necessary. The income of your future project is the most important part of the whole calculation!
Step 6. Determine the share of direct costs in revenue
And now the simplest thing is to estimate how much, as a percentage of revenue, you will spend on raw materials, materials — i.e. for variable costs. Here you need to enter only one number — either for trade, or for production, or for a service sector project.
Step 7. Determine the amount of labor costs
If you plan to hire employees, you need to plan the amount of labor costs. Just enter the planned number of attracted employees and the average salary.
Step 8. Specify the amount of fixed monthly expenses
All expenses that are permanent in nature are indicated here. Enter the average monthly amounts of these expenses.
Step 9. Click on the «CALCULATE» button
And now the most pleasant part is to click on the calculate button. Enjoy the results!
If the results do not satisfy you, you can recalculate the project. To do this, change the numbers and click on the «CALCULATE» button again.
Step 10. Receive calculation results by e-mail
Oh, and don’t forget to get the calculation results in the form of a detailed table in excel!
This is a free bonus for our readers!
Project payback calculation