How to Calculate Daily Profit
Daily profit shows whether the business made money after expenses. It is one of the most important figures for a small business owner.
Start with total sales
Add all sales for the day, including cash, M-PESA, bank and card payments.
Subtract expenses
Record stock purchases, supplier payments, wages, rent, transport, airtime, packaging and other daily costs.
Check account balances
Compare expected cash, M-PESA and bank/card balances with the real balances available.
Review the result
If sales are high but profit is low, check expenses, stock costs, discounts, missing cash and owner withdrawals.
Bizwazi helps calculate daily performance by bringing sales, expenses and balances into one place.
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Track sales, M-PESA, expenses, stock and daily profit in one place
Bizwazi helps Kenyan businesses keep clearer records, compare Cash and M-PESA, control expenses, manage stock, follow up customers and understand daily profit without complicated accounting software.
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