How to find the best educational service?

In my last post I wrote about setting a financial goal. In this post, I'll show how this influences your work. These work help students with finding really good websites, where they can buy homework and tell them about where read essay writing service reviews that can save big amount of your money and time.

As we discussed previously, it takes gross income of $60,000 to result in a net profit of around $24,000 (assuming overhead of 30% and taxes of 30%). If this is our goal, this information tells us that we need to produce $5,000 income every month ($60,000 divided by 12=$5,000). Where's this $5,000 going to come from? Excellent question. And it's one every entrepreneur needs to answer (based on their individual goal).

If you're a piano teacher who charges $15 per half-hour lesson, you know your income is $30 per hour. How many hours would you have to teach to make $5,000? Simple math tells us 167 hours per month. When we divide further, we can see that you'd have to work full-time teaching lessons each week to reach this goal (167 hours divided by 4 weeks= 41.75 hours per week). Since most teachers only teach in the evenings and on weekends due to children's school schedules, we can see that an income of $60,000 per year teaching piano isn't likely, unless you raise your rates. Before doing so, however, you should call around to find out what the going rate is. A rate increase might make it difficult for you to add students to your roster or cause some current students to leave.

Let's take the same goal but look at another scenario. If you're a cake decorator who specializes in wedding cakes averaging $750 each, how many cakes would you have to create to make an income of $60,000? Again, simple math shows us the answer. $60,000 divided by $750 (average per cake)=80 cakes. Is this manageable for you based on current demand, your family's needs, etc.? Only you can answer this question.

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