Now (on my own)BEFORE
- Owner's treatments
- —
- Staff treatments
- —
- Courses & school
- —
- Retail
- —
- Estimated monthly revenue
- —
- Staff wages
- —
- Estimated amount you keep
- —
- * Only staff wages are deducted. Other expenses are not included.
Next (example)AFTER
- Owner's treatments
- —
- Staff treatments
- —
- Courses & school
- —
- Retail
- —
- Estimated monthly revenue
- —
- Staff wages
- —
- Estimated amount you keep
- —
- * Only staff wages are deducted. Other expenses are not included.
Time freed up——
Difference in estimated revenue—
Difference in estimated amount you keep—Amount you keep = monthly revenue − staff wages. A simple estimate that excludes other expenses.
* Owner's treatment revenue = (treatment hours ÷ hours per session, rounded down to whole sessions) × price per client. Staff treatment revenue = number of staff × monthly revenue per staff member. Courses & school = fee × number of students.
* Staff wages = staff treatment revenue × wage ratio. The amount you keep is a simple “revenue − staff wages” estimate and excludes other expenses such as rent, supplies, product purchasing, advertising and taxes.
* Time freed up is converted into days at 8 hours per day.
* These are example calculations only and do not guarantee actual results or sales.All figures are assumptions. Results vary depending on each salon’s situation and efforts.