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T-Shirt Business Profit Margin Calculator [FREE EXCEL FILE DOWNLOAD]

Updated: Aug 4, 2021

If you're looking to start (or already own) a t-shirt business you need to make sure you prioritize your finances. Key variables that are often overlooked but play a very important role in calculating profit margin include: returns, credit card fees, and packaging costs.


Get the File:

📁Download this free resource to begin! Profit Margin Calculator Excel File


Fill out the spreadsheet.

Add your assumptions to the green cells (first two sections). The items in each category are as follows:


1) Cost of Goods Sold Variables

  • Sale price of one t-shirt

  • Cost of one t-shirt

  • Cost to ship one t-shirt

  • Cost of packaging

  • Credit Card fees

2) Monthly Variables

  • Number of t-shirts you will sell monthly

  • Number of refunds & returns a month

  • Website hosting fee monthly

3) Projections

  • Revenue Monthly

  • Costs Monthly

  • Monthly Profit Projection

  • Profit Margin

  • Yearly Profit Projection

With this information, you can learn how costs will affect your business model. This will, in turn, allow you to make more informed business decisions. Starting a t-shirt business can be tough but with the appropriate tools, you can see great returns. Taking the right steps will eventually allow you to scale your business!

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