No hairstylist wants to lose money!!! @ninatulio shares some reasons it could be happening to YOU! 😩 ✔BUDGETING in all ways. But let’s talk about back bar supplies. If you are a commission salon you have 6% of your revenue to spend each month on BB supplies. If you are a renter/ suite owner your budget is 15% for backbar. This % is relative to your revenue. (Back bar supplies are considered color, developer, lightener, liters of shampoo, bowls, etc). ⠀ ✔PRICING ..did you know pricing drives sales, profit, and how much you work btc? You could be losing THOUSANDS of dollars per year and working 50 plus hours a week just because your services are not priced as they should be. Pricing is based on Time! Product! Target profit! Biz expenses! And hours worked. ⠀ ✔PRODUCT COST- If you are not charging properly for product cost when it comes to pricing your services. You could be losing profit big time. Your product cost on average should be LESS than 15% of the total cost of your service price. #hairbusinesstips #salonbusinesstips #salonpricing #salonservicepricing #hairpricing #salonowner #salonsuiteowner #boothrenter #commissionsalon #hairstylist #salonretail #licensedtocreate #cosmoprofbeauty