Fixed Cost Calculator & Recommend # of Bookings
Coco Pahl
Many of our partners struggle to accurately assess their financial performance because they lack a clear understanding of their costs per booking. Without this insight, it becomes challenging for them to determine how many bookings are required to reach profitability. This knowledge gap can lead to misinformed decisions, inefficiencies, and ultimately, financial losses.
To address this issue, we propose developing a tool that allows partners to input their various expenses, enabling the calculation of their average fixed cost per booking. By combining this data with their average gross booking revenue, the tool will provide a personalized recommendation on the minimum number of bookings needed each month to achieve profitability. This solution aims to empower our partners with actionable insights, helping them make more informed decisions and improve their financial performance over time
Coco Pahl
open
Coco Pahl
under review