how do u build a salon? starting with 75000?

the average cost of operating a business ( by percentage of income ) breaks down as follows: INCOME -(minus) EXPENSES=(equal) PROFIT compensation: salaries or commissions for yourself and your emplyees, incoulding payroll taxes Rent: fixed or variable supplies: professional products used ( consumption/consumable), retail products sold and miscellaneous equipment and tools advertising: promotion of the salon utilities: water. electricity, gas, sanitation, phone... insurance: all type employee Benefits: education, paid vacations, pension plans or profit- sharing, health insurance Maintenance: Repair, laundry, cleaning and replacement of equipment Cost of Doing Business: Accounting, legal, licenses, subscriptopns, professional due. ect. Services of Debit: capital improvements, equipment and original loan expense Depreciation: An avvount established to save for replacement of equipment;creats tax credit Miscellaneous: All other expenses

Public Comments

1. tht is a lot of words and no one cares
2. are you asking this or are you giving information?
3. First most important is location,location,location. Find ideal spot buy it don't lease.lease will go up, yearly.Insurance is self employment type. Employee benefits is straight commission,you bring in business you make a bunch of money.After a couple years you start charging Rent to Your stylist.They have built a cliental.Maintenance. Buy good equipment cut this down.Loan is keep interest down. You have saved money to put back into business. Hair products are sold 100% mark up.You can make at least $50.00 a yr. on products.First year you are lucky to break even.Best of Luck!!!!!!
4. u need a hobby