Cancellations: Late-Cancel Fees, Lost Revenue & Cancellation Rates
This lesson is part of the course
In this lesson
You apply a late-cancellation rule to a month of lessons, total the revenue lost to on-time cancellations and the late fees collected, and measure each student's cancelled share of booked value.
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Lessons in this course
- Your Hourly Rate: From Target Income to a Price per LessonFree
- Lesson Packages: Prepaid Blocks, Discounts & Lessons Remaining Locked
- Group Lessons: Revenue per Hour, Price per Student & the Right Group Size Locked
- Your Weekly Timetable: Booked vs Free Slots & Utilisation by Weekday Locked
- Cancellations: Late-Cancel Fees, Lost Revenue & Cancellation Rates Locked
- Term Planning: Lesson Dates around Holidays & Invoices per Month Locked
- Online vs In-Person: Commission, Travel Time & Net per Hour Locked
- Students, Retention & Revenue: The Tutor's Monthly Dashboard Locked