Overview
How to read this dashboard
- Start at Money in and money out: what came in, what went out, and what's left.
- Every card has a grey line saying what it means in plain English, and a green tip on what to do.
- Use Month / Quarter / Year (top right) to change the time period. Tap the ⓘ buttons or see the Jargon buster tab for any word you don't know.
Money in and money out
Where the money came from
Two clients make up 40% of your income. Great, but don't rely on them too much.
Where the money went
People (wages, super, subcontractors) take 58 cents of every dollar. That's normal for cleaning.
Money in vs money out, month by month
Money in has been higher than money out every month. You're keeping between $12k and $19k a month.
Money in by week (October)
Week 1 was slow because two clients paid late. Steady weeks mean easier planning.
Money in by service
Office cleaning is half your income. Medical cleaning pays best per hour, so it's worth growing.
Biggest items, in plain words
- ⬆️ Harbour Medical paid $22k for daily clinic cleaning
- ⬆️ Bayview Offices paid $18k for nightly office cleaning
- ⬇️ Cleaners' wages cost $44k, your biggest bill
- ⬇️ Subcontractors cost $10k for windows and carpets
- ⬇️ Cleaning supplies cost $7k (chemicals, cloths, bags)
Your business in one sentence
In plain English
- You made $18k profit this month, but cash in the bank only grew $6k. Profit is what you earned; cash is what actually landed.
From profit to cash
$7k is sitting with clients who paid late. Chase it and your cash catches up.
Tip: send reminders 7 days after the due date, automatically.
Cash in bank
$142k covers about 7 weeks of costs. A safe buffer is 4 to 8 weeks, so you're fine.
In plain English
- Clients owe you $64k. Most isn't due yet, but $15k is late. On average clients take 38 days to pay; your terms are 30.
Who owes you, and how late
| Client | Current | 30 days | 60 days | 90+ days | Total |
|---|---|---|---|---|---|
| Harbour Medical | $18k | – | – | – | $18k |
| Bayview Offices | $12k | $6k | – | – | $18k |
| Northside Dental | $8k | – | $4k | – | $12k |
| Westgate School | $9k | – | – | – | $9k |
| Riverside Gym | – | $3k | – | $2k | $5k |
| Other clients | $2k | – | – | – | $2k |
| Total | $49k | $9k | $4k | $2k | $64k |
Tip: call Riverside Gym this week, and ask Northside Dental to pay by direct debit.
In plain English
- Sales are growing about $1.4k a month. Keep it up and you'll average $104k a month by January.
Sales over 12 months, with forecast
Your run rate (this month × 12) is $1.2M a year.
Profit margin by client
Riverside Gym keeps you busy but only earns 6 cents per dollar.
Tip: raise Riverside's price 10%, or cut its hours.
Clients won and lost
Net growth: +10 clients in 6 months. You lost 2 in October; ask them why.
In plain English
- About 1 in every 6 dollars in your bank isn't yours to spend. Keep $17.5k a month aside in a separate account so the tax bill never surprises you.
Set aside each month
This money is collected by you but owed to the tax office.
Next BAS
You've already set aside the full amount. Nothing to worry about.
Fully coveredIn plain English
- You're slightly ahead of pace. Average $100k a month and you'll hit your $1.2M goal in June.
Financial year sales goal: $1.2M
You need $99.5k a month for the next 8 months.
Jargon buster
- Finance words, explained like you're a busy business owner.