T-shirt Business Profit Margin Calculator [Free Excel File Download]
If you're looking to start (or already own) a t-shirt business you need to get your finances in order. After looking around the web we were frustrated that most t-shirt business calculators were missing key calculations like returns, credit card fees, and packaging costs.
Get the File:
📁Download the calculator as a Excel File or Google Sheets File.
Fill out the spreadsheet.
Add your assumptions to the green cells (first two sections). The items in each category are as follows:
1) Cost of Goods Sold Variables
- Sale price of one t-shirt
- Cost of one t-shirt
- Cost to ship one t-shirt
- Cost of packaging
- Credit Card fees
2) Monthly Variables
- Number of t-shirts you will sell monthly
- Number of refunds & returns a month
- Website hosting fee monthly
3) Projections
- Revenue Monthly
- Costs Monthly
- Monthly Profit Projection
- Profit Margin
- Yearly Profit Projection
With this information, you can make more informed decisions on pricing and how costs will affect your business model. Starting a t-shirt business can be tough but with scale, you can see great returns.