What is the Power of 3?
Major corporations utilize the Power of 3 as a standard operating practice to increase productivity and profitability over time. Although it is not widely known in the traditional small business environment, it can be incredibly rewarding for small business owners. Adjusting a couple of key variables, the Power of 3 can show you exponential results and profitability.
How to Calculate for eCommerce and Retail Products
Major corporations utilize the Power of 3 as a standard operating practice to increase productivity and profitability over time. Although it is not widely known in the traditional small business environment, it can be incredibly rewarding for small business owners. Adjusting a couple of key variables, the Power of 3 can show you exponential results and profitability.
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How to Calculate for Professional Services
The calculation for Product Retail increased profitability is easy. Select the ‘Professional Services’ tab on the calculator. Put in your gross revenue and enter your Salary and Wages, the Power of 3 calculation will show what’s possible for you.
The Power of 3 Calculator
To see what the Power of 3 calculation can do for you:
- Product Retail — insert your monthly gross revenue and monthly cost of goods
- Professional Services — insert your monthly gross revenue and monthly salary/wages
Complete the entire form to see how much more you could possibly save.
| ORIGINAL | POWER OF 3 | |
|---|---|---|
| Revenue* | ||
| Cost of Goods Sold* | ||
| Gross Profit | ||
| Salaries and Wages* | ||
| G&A Expenses* | ||
| Rent* | ||
| Profit |
| ORIGINAL | POWER OF 3 | |
|---|---|---|
| Revenue* | ||
| Salaries and Wages* | ||
| G&A Expenses* | ||
| Rent* | ||
| Profit |
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