Great info.. and congratulations!! buenos noches, lynnette On Wed, Mar 23, 2011 at 9:39 PM, Becky <enhandsme...@gmail.com> wrote:
> Ooooo good information! > On Mar 23, 2011 8:35 PM, "CAT BLUE" <catb...@hotmail.com> wrote: > > We had a Salon coach come in and give us these formulas: > > Your weekly goal should be 8x your weekly booth rent. ( 150/wk x 8 = > > $1200/wk) > > divide that by how many days a week you work and that should be your > > goal for the day. When you think this way, you start to go faster and > > add upgrades and quit giving away free nail art, free soak offs, and > > free repairs! > > Rent:a 12.5% of your income > > Supplies: 10% > > Self Employment Tax: 15% > > 2 wk vacation pay: 4% > > Marketing and Education: 5% > > Total Costs per week: 46.5% > > Take Home Pay=53.5% > > This helps me stay focused and watch all my dollars in and out and I > > don't make a deposit untill the end of the week, and whatever is left > > after my expenses, I write myself a paycheck. I will have vacay $ > > stashed, and also $ for taxes! Also, if you write down on your > > schedule exactly how much each person for the day paid you, (whether > > you claim it all or not), you will have a clear picture of how much > > you are really making and more aware of the cash you spend here and > > there and don't include it in your income. We HAVE to start viewing > > ourselves as businesswomen and not like this is just for fun, or it > > ISN'T worth it. > > ALTHOUGH, now that we just found out we are 8wks pregnant(!), my > > passion (or obsession) might also be changing...When I work a shorter > > week, I can definitely see it in the paycheck. Maybe a place with > > cheaper booth rent if you are only working part time. > > > > > > > > On Mar 20, 6:26 pm, Lauren Dodson <april392...@yahoo.com> wrote: > >> Thanks for all of the answers and thoughts so far. I do love what I do > and love > >> being my own boss. But I would also love know how to make more money. > Is there > >> a formula I could follow ie: rent should be a certain % of what you > earn, > >> supplies etc. Maybe if I knew what the most I should spend a year I > could keep > >> that goal in check. i spent about $400 on Shellac and the lamp last year > and > >> brought in an extra $4000. I thought that was worth it. I have only > bought some > >> of the new colors of the Shellac, instead of getting all of them. Trying > to edit > >> myself. > > > > -- > > You received this message because you are subscribed to the Google Groups > "NailTech" group. > > To post to this group, send email to nailtech@googlegroups.com. > > To unsubscribe from this group, send email to > nailtech+unsubscr...@googlegroups.com. > > For more options, visit this group at > http://groups.google.com/group/nailtech?hl=en. > > > > -- > You received this message because you are subscribed to the Google Groups > "NailTech" group. > To post to this group, send email to nailtech@googlegroups.com. > To unsubscribe from this group, send email to > nailtech+unsubscr...@googlegroups.com. > For more options, visit this group at > http://groups.google.com/group/nailtech?hl=en. > -- Lynnette Madden Salon 29 229 Main Street East Greenville PA 18041 215-541-9029 http://www.salon29.net -- You received this message because you are subscribed to the Google Groups "NailTech" group. To post to this group, send email to nailtech@googlegroups.com. To unsubscribe from this group, send email to nailtech+unsubscr...@googlegroups.com. For more options, visit this group at http://groups.google.com/group/nailtech?hl=en.
