The formula
Monthly cost = missed calls a week × 4.33 × share who would have booked × average job value
Yearly cost = monthly cost × 12
4.33 is the average number of weeks in a month: 52 weeks divided by 12 months.
Everything else comes from you.
The result is revenue walking past the business, not profit. It doesn’t take off what
the work would have cost you to do, and it only counts the first job, not repeat work or
referrals from a customer you never got.
The figures the calculator opens with ($450 a job, 10 missed calls a week, 1 in 3 who
would have booked) are placeholders to show how the sum works. They are not an industry
average, and we don’t know of a reliable published one for Australian small businesses.
Replace them with your own.
- Missed calls a week
-
Your mobile or business phone system’s call log. Count an ordinary week, including
calls that rang out, went to voicemail or came in after hours.
- Calls from Google
-
If customers find you on Google Maps, the Calls figure in your Business Profile
performance report counts how many times someone tapped the call button on your
listing (Google’s definition of each metric).
It shows demand, not whether anyone picked up, so use it as a cross-check on your call log.
- Average job value
-
Total invoiced over the last three months divided by the number of jobs, from your
accounting or job-management software.
- Share who would have booked
-
The hardest number to know. If you track how many enquiries turn into jobs, use that.
If you don’t, choose the lowest rate you would still defend. The calculator goes down
to 1 in 5.