Calculating Sales Target for your Stylist
Need help calculating what your stylist actually needs to make to hit your profit goals?
This quick calculator takes into account:
Their commission rate (what you’re already paying them)
COGS - (cost of goods sold) the costs relating to the service like color, extensions, etc
Plus a little extra for payroll taxes (because yes, that counts too)
All so you can work backwards to set a realistic sales target that still leaves you with 40% profit at the end.
It’s not about guessing anymore — this gives you a clear number to aim for.