Do you know the numbers in your beauty business? Is it just a bit too hard to work out where to start? What if we told you we could find your breakeven in less than 60 seconds*?
We've created a tool that will help you not only EASILY work out your break even, it will break it down to how much you need to make per staff member, per hour to cover your business expenses!
PLUS: We've included the template to work out your Profit Per Hour, Per Service!
This detailed breakdown will help you determine which are your most profitable services, which you need to increase the price on and which you could consider getting rid of all together. It's great to set $10 increments between each style but if it's taking you longer to perform, how much money are you really making per hour?
This is an invaluable tool for your business, it's simple, it's easy to use and it's going to change the game in your business, it's time for you to get real with your numbers and find out how much money are you actually making!
Say goodbye to confusing, intricate spreadsheets with graphs, tables & overwhelming accountant designs. This template is simple, easy to understand and won't overwhelm a beginner. Perfect as the first step to understanding the numbers in your business!
It's time for you to take control, learn your numbers & start MAKING MONEY! This will give you an instant insight into where you could be losing money in your business or which are your most profitable services that you should focus your time on.
- Takes less than 60 seconds to find your hourly break even cost*
- Evaluate the profitability of your business in minutes
- Suitable for Salons or Sole Traders
- Instruction Page Included
- Lifetime Access
What you need:
- Total Monthly Expenses for the last 6 Months
- How many bookable hours you operate for each day
- Your Service Prices
- Your Service Times
- Access to Microsoft Excel (Compatible with Free Online Excel)
* When you have your last 6 months of expenses handy*
* This tool provides average and approximate figures for evaluation purposes only and is not a substitute for professional financial or accounting advice.
* This is a basic level break down, you can break down your numbers into more detailed increments however this is a basic, easy to understand breakdown.