Welcome to the Business Profit Calculator! This tool is designed to help you understand and explore five key areas where you can increase your salon's profits. These five areas are:
The calculator starts by asking you for your current number of customers.
Then it guides you through each of the five areas, asking for your current numbers and your target improvements.
The final output is a table comparing your current numbers and potential new numbers, showing you how improvements in each area could compound to significantly increase your profits.
This is the current number of customers you have.
This is the number of potential customers you want to attract in addition to your current customers. It could be through walk-ins, website visitors, social media followers, etc.
This is the percentage of these additional leads who you estimate would become actual customers.
This is the average number of appointments a customer has in a month.
This is the average amount a customer pays per appointment.
This is your profit margin, i.e., the percentage of your turnover that is profit.
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