1/17/2024 0 Comments Hair salon monthly expensesOn average, expect to spend 10% of your sales in COGS. Logically, the cost will depend on your number of clients and the quality of the products you buy. Unfortunately, beauty and hair supplies aren’t cheap. It will cover things like shampoos, conditioners, hair colors, oils, shine sprays, etc. This is one of the most important costs you need to consider. Yet, note that the amounts are purely for illustrative purposes and depend on a number of factors as explained earlier. These are key costs that any salon financial model should include. We have laid out below a clear overview of all the key expenses you can expect to operate a standard beauty salon with 5 employees below. In addition to the one-off startup costs discussed for hair salons / barbershops here and beauty salons there, you must also budget for all the operating costs of running a salon. ![]() Source: Hair & beauty salon budget template 3. hair styling, hair color, manicure, makeup etc.). Instead of using separate menu items, we recommend to group them under categories instead (e.g. Now you can obtain your revenue projections broken down by the type of product categories as shown below. That way, you can now multiply the number of customers for each product by their respective price to obtain revenue.
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