There are many direct and indirect costs associated with any accident. Some of these are covered by workers' compensation insurance, such as medical bills and temporary disability payments, but others must be covered by the business. 

The indirect costs, which are not covered by insurance, can easily exceed the direct costs. Examples of these include the injured worker's time off work, reduced productivity, overtime hours to compensate for lost time, administrative time spent by supervisors following an accident, and lost productivity related to new employee learning curves. Equipment may have been damaged and will have to be repaired or replaced. These "hidden" costs can result in expenses as much as three to five times the direct costs.

Enter your average profit margin in the appropriate box. This percentage should reflect the difference between the cost to provide your products and/or services, and what you sell them for. For instance, if it costs you $9.00 to make your product, and you sell it for $10.00, your profit margin is 10%.

Have you ever thought how much additional revenue you will need to recoup these hidden costs? This guide will help you find the answer.