I was just thinking that some of you geeks must have done a business plan at some point, and was hoping you might give me some tips (excuse the pun) I am struggling to know how nail salons actually survive and make a profit. Here is what i know; shops around the area i am looking (in towns, not neccessaily on high street) are around £10,000 for a small shop, but big enough for say 3 techs, would you say this is too much to pay in rent? Then there is the rates, lecky, water, insurance, products, and then you have to pay wages if you do have techs working for you. if techs work for £10 per hour (as popular geek voting would imply) and you charge £15 for a manicure which lasts an hour, that leaves you with £5 which you still have to pay for the electric and water used as well as the product useage! i can't get it to add up to a profit.
Also how do you forecast how many clients you will get? do you say, there are 8 hours in a day and i will fill the day, or do you assume you will only do 1 client a ady for the first month? it is all very confusing.
One last question, on the star course we were told a set of nails would cost us approx £3.50 to complete, but i don't know creatives cost, does any one know?
someone pplllease help set my head straight as i feel i am going around in circles, and i keep wondering if i will ever have my own salon.
Beck.
Also how do you forecast how many clients you will get? do you say, there are 8 hours in a day and i will fill the day, or do you assume you will only do 1 client a ady for the first month? it is all very confusing.
One last question, on the star course we were told a set of nails would cost us approx £3.50 to complete, but i don't know creatives cost, does any one know?
someone pplllease help set my head straight as i feel i am going around in circles, and i keep wondering if i will ever have my own salon.
Beck.