Cost of Doing Business Calculator

Formula

The formula to calculate the Cost of Doing Business is:

\[ CODB = \frac{TAC}{TBD} \]

Where:

$ CODB $ is the cost of doing business ($/day).
$ TAC $ is the total annual cost ($).
$ TBD $ is the total billable days per year.

Example

Let's say the total annual cost (TAC) is $100,000 and the total billable days per year (TBD) is 250. The cost of doing business would be calculated as follows:

\[ CODB = \frac{100,000}{250} = 400 \text{ $/day} \]

So, the cost of doing business is $400 per day.

What is the Cost of Doing Business (CODB)?

The cost of doing business (CODB) is a metric used to describe the total operating costs of a business, typically on an amount per day basis. In other words, it represents how much money it takes to run the business per day, on average.