Salon Expenses Overview
Salon owners in the United States spend five percent of total gross income on supplies. Rent and utilities are major recurring expenses. Location impacts costs.
Ongoing Expenses and Operating Costs
- Nail salon business: supply costs, wages, maintenance, insurance, taxes.
- Operating expenses: payroll, rent, supplies, utilities, marketing, insurance, and taxes. Control costs for financial health.
Largest Expense in Operating a Salon
- Employee Salaries: primary monthly expense due to operational structure.
- Rent: a significant beauty salon expense, impacted by location and property quality.
- Utilities: essential basics and business necessities contribute to operating costs.
Recurring Salon Expenses
- Rent: location and property quality determine costs.
- Utilities: water, electricity, Wi-Fi, phone, heating, and air conditioning.
- Employees’ Wages: fundamental expense during business operations.
- Taxes: ongoing operating cost.
- Maintenance on Equipment: monthly recurring expense.
- Insurance: monthly operating cost.