Calculators

Here are some tools to help your business run more efficiently and help you make important financial decisions. These calculators help you evaluate your business and can help you determine whether you need to borrow money, keep more inventory on hand, or even assess a value for your business. They are easy to use, and help you develop a quick snapshot of your business.

Break Even Sales Analysis
You have fixed costs such as rent, insurance, utilities and payroll whether you sell one "widget" or 100. The break-even analysis calculator demonstrates how many units of your product must be sold to cover these costs and make a profit. This helps you determine sales goals and evaluate the success of your product.

Working Capital Needs
Your working capital is used to pay short-term obligations such as accounts payable and inventory purchases. If your working capital dips too low, you risk running out of cash. The working capital calculator can help you determine how much cash you need to keep on hand and whether a line of credit might help with swings in working capital.

Debt Service Calculator
Planning on a project that will require additional debt? This calculator will show you how the bank will look at the impact of that additional debt.

Financial Ratios
The financial ratio calculator shows you ten different financial ratios. Financial ratios are used as indicators that allow you to zero in on areas of your business that may need attention. Bankers use these to measure the efficiency of your business and how you compare to others in your industry. Now you can too!

Equipment Buy vs. Lease
Should you lease or buy? Use the buy vs. lease calculator to find out! You can calculate monthly payments and your total net cost. By comparing these amounts, you can determine which is the better value for you.

Inventory Analysis
The inventory calculator helps you determine how much inventory you should hold, and when you should place inventory orders. The calculation attempts to keep your inventory level as efficient as possible, while maintaining adequate safety stock. Inventory ties up your cash. Having too much inventory can create cash flow problems. Having too little can impact your sales.

For a more complete analysis or to answer any questions you might have, contact a HomeStreet Business Loan Officer today for a personal conversation about you, your business and your financial goals.

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