stoney
Well-Known Member
Have the opportunity to go into a well established salon in my home town. I know the owner personally and have been a friend of her family for over 15 years. They are about to open another premises in town, not beauty, more alternate therapy and don't want to sell the existing business, but can't sublet it so has asked if i would like to go in to do nails along with a beautician. Terms :
10 per day each if takings under £40 each
£40 + takings, 25% comission
no comission on retail
they pay rent and rates. Beautician and i split electricity, phone and credit card machine costs and comissions. We both buy own stock.
BUT has, for the past 6 years, been giving 10% discount to loyalty card holders, all 832 of them! and gives 20% to family and Tesco staff. And therefore would like us to continue in similar fashion.
Tried my hardest to do calculations and cant see how this can be viable for us with such regular, huge discounts.
HELP!
10 per day each if takings under £40 each
£40 + takings, 25% comission
no comission on retail
they pay rent and rates. Beautician and i split electricity, phone and credit card machine costs and comissions. We both buy own stock.
BUT has, for the past 6 years, been giving 10% discount to loyalty card holders, all 832 of them! and gives 20% to family and Tesco staff. And therefore would like us to continue in similar fashion.
Tried my hardest to do calculations and cant see how this can be viable for us with such regular, huge discounts.
HELP!