Awesome information and congratulations! Elena Desmonie Lynnette Madden <[email protected]> wrote:
>Great info.. and congratulations!! >buenos noches, >lynnette > >On Wed, Mar 23, 2011 at 9:39 PM, Becky <[email protected]> wrote: > >> Ooooo good information! >> On Mar 23, 2011 8:35 PM, "CAT BLUE" <[email protected]> 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 <[email protected]> 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 [email protected]. >> > To unsubscribe from this group, send email to >> [email protected]. >> > 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 [email protected]. >> To unsubscribe from this group, send email to >> [email protected]. >> 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 [email protected]. >To unsubscribe from this group, send email to >[email protected]. >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 [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/nailtech?hl=en.
