Revenue

Please adjust the slider to reflect your typical weekly gross revenue, including GST paid by your customers. Viability's calculator utilises net revenue, which is determined by automatically subtracting the industry average of 9% for GST and 0.6% for sales discounts from the gross revenue calculation (industry averages).

Wages

Please adjust the slider to reflect your average labour cost for a standard and realistic week. This should include the superannuation you pay your employees and the cost of your mandatory WorkCover compensation. If you are the owner and receive a wage or salary, please include that cost in your calculations.

Cost of Goods

To determine the cost of goods for your sales, use the slider and enter the total amount spent on consumables, including GST. This encompasses all the items you purchase for preparing and selling your products, such as takeaway containers, cleaning supplies, pre-made food, raw ingredients, frying oil, and beverages. Viability will automatically compute the GST refund for you.

Overheads

To estimate your weekly fixed costs, adjust the slider accordingly. Fixed costs include all expenses unrelated to labour or COGS, such as rent, utilities, software subscriptions and fees, business insurance, accounting, bookkeeping, marketing, cleaning, maintenance, waste removal and oil traps.

Do not only consider your bills from this week. Reviewing the previous year's P&L to identify annual overheads is advisable. Adjust for inflation by multiplying the amount by 1.05, then divide by 52 to calculate your estimated weekly overheads total.