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Home Care Business Profitability Calculator
Based on Coach Crystal Smith Financial Methodology
Key Insight: One 24/7 client can generate $262,880 annually!
Interactive Financial Calculator
Modify the input values (blue columns) to see real-time calculations. All formulas automatically update based on your inputs.
| Service Type | Hours/Week | Rate Charged | Weekly Revenue | Monthly Revenue | Annual Revenue | Caregiver Rate | Weekly Labor Cost | FICA Rate % | Weekly FICA | Total Labor Cost | Weekly Overhead | Total Expenses | Weekly Profit | Profit Margin | Monthly Profit | Annual Profit | Break-Even Hrs | Profit/Hour | Notes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $5,040 | $20,160 | $262,080 | $2,520 | $192.78 | $2,712.78 | $3,212.78 | $1,827.22 | 36.3% | $7,308.88 | $95,015.44 | 142.4 | $10.88 | |||||||
| $2,688 | $10,752 | $139,776 | $1,344 | $102.82 | $1,446.82 | $1,746.82 | $941.18 | 35.0% | $3,764.72 | $48,941.36 | 117.5 | $11.20 | |||||||
| $1,680 | $6,720 | $87,360 | $816 | $62.42 | $878.42 | $1,078.42 | $601.58 | 35.8% | $2,406.32 | $31,282.16 | 64.1 | $12.53 | |||||||
| $1,120 | $4,480 | $58,240 | $560 | $42.84 | $602.84 | $752.84 | $367.16 | 32.8% | $1,468.64 | $19,092.32 | 57.5 | $9.18 |
Annual Revenue & Profit Comparison
Profit Margin Analysis
Key Business Insights from Coach Crystal Smith
Formula Explanations
Weekly Revenue
Hours Per Week × Hourly Rate Charged
Example: 168 hours × $30 = $5,040
Monthly Revenue
Weekly Revenue × 4 weeks
Example: $5,040 × 4 = $20,160
Annual Revenue
Weekly Revenue × 52 weeks
Example: $5,040 × 52 = $262,080
Weekly FICA Costs
Weekly Caregiver Costs × FICA Rate
Example: $2,520 × 7.65% = $192.78
Weekly Gross Profit
Weekly Revenue - Total Weekly Expenses
Example: $5,040 - $3,212.78 = $1,827.22
Profit Margin
(Weekly Gross Profit ÷ Weekly Revenue) × 100
Example: ($1,827.22 ÷ $5,040) × 100 = 36.3%
Break-Even Hours
Total Weekly Expenses ÷ (Rate Charged - Caregiver Rate - FICA Cost per Hour)
Minimum hours needed to cover all costs
Profit Per Hour
Weekly Gross Profit ÷ Hours Per Week
Example: $1,827.22 ÷ 168 = $10.88
Based on Coach Crystal Smith home care business methodology. Adjust input values to match your local market conditions and business model.
Remember: Use 52 weeks for annual calculations, not 12 months × 4 weeks for accuracy.
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