The Surprising Truth About How Hair Appointments Are Priced | Ep 21
Manage episode 394042384 series 3526852
In this episode, the hosts discuss the factors that contribute to the cost of hairdressing services and why prices continue to rise. They explore the financial considerations for hairdressers working in salons and those who have their own salon suites. The hosts also break down the calculations for determining income and expenses, emphasizing the need to gross a certain amount to cover costs. They highlight the expenses associated with hair color and extensions and the impact of cancellations on hairdressers' finances. Finally, they discuss the benefits of being an independent hairdresser and invite feedback from listeners.
Takeaways
The cost of hairdressing services is influenced by various factors, including rent, education, licensing, and the rising cost of supplies.
Hairdressers need to gross a certain amount to cover their expenses and take home a desired income.
Salon suite owners have additional expenses, such as rent, insurance, and product costs.
Hair color and extensions can be expensive due to the cost of materials and the time required for application.
Cancellations can have a significant impact on hairdressers' finances, and many have policies in place to protect their income.
Being an independent hairdresser offers benefits such as freedom, control over pricing, and avoiding salon politics.
Chapters
00:00 Introduction and Purpose of the Episode
02:01 Understanding the Cost of Hairdressing
03:21 Factors Affecting Pricing
05:58 The Perception of Hairdressers' Income
08:01 Calculating Income and Expenses
09:24 Considerations for Salon Suite Owners
11:10 The Cost of Hair Color and Extensions
12:37 Expenses of Running a Salon Suite
14:18 The Impact of Cancellations on Hairdressers
16:44 Benefits of Being an Independent Hairdresser
18:18 Summary and Call for Feedback
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