Model Summary

Do you have a service based business model? For example : Software services, Hotel, Spa etc. 


For Instance, This revenue model is the same as the Unit Sales revenue model, Just the main difference is service based model doesn’t include inventory tracking. if you are projecting 100 services sold per month, that means you are also forecasting 100 sales per month (other revenue models work differently, so please refer to the appropriate model for additional details).


Keep in mind that how you define a 'unit' service sales depends on what you sell.


Adding Unit Sales revenue stream

  1. Click on Revenue tab and then click on ‘Add Revenue Stream’ button.




  1. Enter name for your revenue stream and then click ‘Create’



  1. Revenue Model Type: For the revenue model type select ‘Service Charges’. Then click next


  1. Revenue Units:  Enter the number of units of the service you think you'll sell and percentage of variation in unit sales. This can be either a constant amount per day, week, month or year, or varying amounts.If you chose Constant amount, enter the number of units you forecast for each day, week, month or year:


  1. Price: Enter the amount you will charge for each service. You can enter a constant price, or varying prices over time.


  1. Refund: Enter monthly percentage of revenue are you going to pay as a refund. This will help us to calculate accurate gross margin


  1. Time Duration: Select when the revenue for this unit sales stream will begin and end. then Click Save to prepare forecast for what you have entered:


  1. Revenue Forecast: After you save all the inputs, Your all inputs will be used to calculate revenue forecast data, You can also manually edit values and excel formulas into the excel sheet. It will automatically save all the updates you made into the excel sheet. There is also options available to download and edit revenue stream inputs.


To know where does the Revenue appear on various financial reports, checkout Planned - Revenue Forecasts