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Old 02-14-2008, 09:03 PM   #1 (permalink)
 
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Salon Operation - Expenses

I'm curious to know, to those who own salons, what expenses do you have on a monthly basis? Also what recurring expenses exist and how often do you incur these expenses (e.g. replacing bulbs on beds (1/year), etc)? Please be very specific in listing all your expenses (i.e. don't assume that I know anything ... :) Thanks.

Example of monthly expenses:
Building Rent
Payroll
Cleaning Supplies
Product Inventory
Etc, etc.

Example of Recurring Expenses
Tanning Bed Bulb Replacement (1/year)
Electrician Services (every 6 months)
Etc, etc.
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Old 02-14-2008, 09:05 PM   #2 (permalink)
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Re: Salon Operation - Expenses

I am thinking this could be considered competitive info that people, like I, would not be comfortable posting.
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OMG! I made a post! :)
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Old 02-15-2008, 06:34 AM   #3 (permalink)
 
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Re: Salon Operation - Expenses

Building Rent- ~2100
Payroll~$5000
Cleaning Supplies<$100
Product Inventory$1600
utilities $1000

Break even is sitting around $8000 -$8500 right now

Example of Recurring Expenses
Tanning Bed Bulb Replacement (1/year) $5000
Electrician Services (every 6 months)
Etc, etc.
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Old 02-15-2008, 07:41 AM   #4 (permalink)
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Re: Salon Operation - Expenses

Rent with Cam
Payroll with commission, taxes, payroll company fees
Sales tax
Bank and Credit Card Fees
Electric
Phone
Gas
Water
DSL/Cable
Software tech support
Advertising
Equipment/Business Loan and/or Lease
Product Inventory
Cleaning Supplies
Magazine Subscriptions




Recurring
Other taxes
Business License
Tanning License
Certification fees
"decorating"/remodeling
Accountant
Bed Maintenance
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Old 02-15-2008, 10:18 AM   #5 (permalink)
 
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Re: Salon Operation - Expenses

it takes a lot to open, a lot to maintain and a lot of bank to get thru the first few years. good luck to you

oh, a buttload of heart and devotion to your business and your clients, trustworthy people working for you and I hope you have this one, a come back for everything under the sun
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Old 02-16-2008, 10:29 AM   #6 (permalink)
 
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Re: Salon Operation - Expenses

ekc123 - right on!
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Old 02-17-2008, 03:25 PM   #7 (permalink)
 
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Re: Salon Operation - Expenses

Liability insurance
Workers Comp
Alarm monitoring
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Old 02-17-2008, 10:15 PM   #8 (permalink)
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Re: Salon Operation - Expenses

Demographics have lot to do with it.

You could pay,. for instance., rent 1k up to 3k for a space.
If you are not slammed with client your lamps could last for years................
Tell us your demograhics and location. One of us can put you right on target.

How many salons in the area already?

Many factors to consider. Just cause you open the doors does not mean "They will come"
;)

Last edited by BooBop; 02-17-2008 at 10:19 PM. Reason: fat finger
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