Side Business Project Costs
Projects, Cash, Inventory
Your side business has projects. Each project uses materials, time, maybe some cash for supplies. You want to know if a project was profitable, but the numbers are scattered. Materials came from existing inventory. Cash came from the business account or your pocket. By the time you finish, you have a vague sense it was worth it but no actual numbers to prove it.
The moment you realize you do not know if a project made money
You finish a project. The client pays. You feel good.
Then you try to calculate profit. You spent money on materials. Some were already in stock. You drove somewhere twice. You bought a tool you will reuse.
What counts as a project cost? What is overhead? You are not sure.
You give up and say "it was probably profitable." You move on to the next project with the same blind spots.
How it's structured
Workspace Shape
What you track
Project expenses, inventory consumption, cash flow, profit margins
Structure
Projects as child logs, shared inventory as items linked to projects, cash log for overall flow
Fields
How you work with it
Create a project log
- Dedicated budget for each job
Log expenses to project
- Materials and costs tracked per job
Link inventory to projects
- Track what was consumed from stock
Calculate profit
- Income minus all costs