Free Small Business Tools
Do a business health assessment
Use these free tools to check up on the core metrics of your business
What’s my cash flow
Cash Flow—the measure of how much money your business takes in vs. how much it pays out over any given period—is one of the best measures of business health because it is very accurate at predicting sustainability.
How to use the calculator:
- The first tab is where you enter data about your business.
- The second tab provides table data for your cash flow analysis.
- The third tab enables you to watch as your cash flow change based on growth in sales, receivables days, and payables days.
How much does it cost to acquire a customer?
Enter basic data about your business and then turn the dial to change the number of months to break-even. Based on that input, you see how much you can spend to acquire a single customer.
Calculate my Acquisition Cost
How long does it take to recoup my customer acquisition costs?
Enter basic data about your business and then turn the dial to change the customer acquisition cost. Based on that input, you see how many months it will take to recoup your costs.
Find my Break-Even Point
What are my business’s strengths and weaknesses?
Stopping your busy schedule for a few minutes to do this simple SWOT analysis can help you re-focus and asses what tasks you’re working on that will really move the needle for your business, versus what are just creating noise during your day.
What's my SWOT
What does my Competitive Universe look like?
Do a quick visualization of where your business sits in the total consumer marketplace. Identify your first, second, third and fourth level competitors. Use this visualization to find areas your business should focus, to develop ideas to differentiate you from your competitors, and to discover untapped consumer markets.
Figure out your Competition
How does my financial positioning compare to others in my industry?
Get a high-level perspective of your company’s health by assessing financial ratios within specific industries. Enter values obtained from your balance sheet to see how to improve liquidity, efficiency, and profitability.
Figure out Industry Comparison
Does your marketing message resonate?
From the inside looking out, it can be easy to assume your marketing message is optimized to the fullest. Conduct an Internal vs. External perception analysis between your employees, customers, and target market to make sure your marketing focus is aligned.
Improve Message
Increase your greenness
Less waste is less waste—you can cut the amount of environmental, human, and monetary resources needed to accomplish the same tasks. Use these calculators to assess just how much you could be saving by phasing out paper-based billing.
How much gas can I save?
Enter your average number of paper bills sent and received, and turn the dial to see the increasing amount of gas that is no longer needed to send and process those bills.
As Good as a Hybrid
How much paper can I save?
Using the same average number of sent and received bills, turn the dial to see how much paper is saved.
Save a Tree
Find your cost “leaks”
Many businesses are apprehensive to change the way they bill and invoice because of upfront costs. How do you know that you’ll be saving money in the long run? These tools will provide some insight into future cost savings based on YOUR business information.
How can I reduce the cost of accepting credit cards?
One simple way to cut the costs of accepting credit cards is to substitute in direct debit payments from your customers bank account via ACH processing. Based on a flat rate of $0.55 per transaction, these ACH payments typically cost significantly less than a credit card payment. Use this calculator to enter your current credit card rate, and see what you could be saving on a monthly, quarterly, and annual basis. What is ACH Processing?
Calculate my Savings
How can I know if setting up recurring billing for my customers will end up saving me money in the long run?
Based on your company’s receivables information, see what your business would save each month, year, and quarter. Then turn the dial to see your costs savings increase as you convert more customers to recurring billing.
How to use the calculator:
- The first tab is where you enter data about your business.
- The second tab contains cost assumptions based on industry averages and PaySimple pricing for recurring billing. You can edit these to get the most accurate depiction for your business or to compare costs with another recurring billing service provider.
- The third tab breaks down costs and savings in greater detail
How do I know I’m getting the best deal?
Whether you’re currently using an electronic billing and payment service, or shopping for your first one, see where you can get the best deal for your business, based on your own processing volumes.
My Best Deal
How much does my business actually save by phasing out paper-based billing?
Based on industry standard costs (or you can enter your own) and how many invoices you send per month, see how much money you can save monthly and annually by introducing email invoicing to your customers.
Cut Invoicing Costs in Half
How do my profits and operating costs compare to other small businesses in my industry?
Use information from your income statement to compare your costs, gross profit, operating profit, and net profit to other small businesses in your industry.
Compare Income Statement
