As a membership site owner, chances are, you’ve done “the calculation”.
“If I get this number of members paying me this price each month, I’ll make…”
Are you nodding? It’s ok, we’ve all done it 🙂
We joke about doing “the calculation” but it can be a good thing, especially if you’re planning and setting goals.
However, it’s VERY important to include variables like the “growth rate” and “retention rate” in your calculation (which most people don’t do and these will dramatically effect your overall profitability).
To make things easy, we’ve put together a very handy spreadsheet that does all the work for you…