Many salon owners set service prices based on what competitors charge, without knowing whether those prices actually generate profit. A service might seem popular, but after subtracting product costs and time, it could be barely breaking even. Understanding per-service profitability is essential for a successful salon.
BiznessBook profit analysis breaks down revenue by service type. You assign a cost to each service — the amount of product used, plus an estimate of staff time. BiznessBook then calculates the margin on every service you provide. You can see at a glance which treatments give you the best returns and which ones need price adjustments.
With this data, you can make informed decisions. If braiding has a 70 percent margin but manicures only 30 percent, you might promote braiding packages more aggressively or adjust manicure pricing. BiznessBook also tracks product sales separately, so you see the full picture — a low-margin service that drives high-margin product sales might still be worth keeping.