Living off of the depreciation of your equipment can give the illusion that you are making money, when in actuality, you're just taking it out of the business.
When possible, give yourself time to get the job done.
By projecting these figures month by month, you'll start to see an accurate picture of what to expect from the business.
A large share of your income will be derived from your tanning services.
The simplest way to visualize the scenario is to view the expenses and profits for the salon and retail operations separately and add them together at the end.
The costs are somewhat different in every situation, but from the foregoing, the salon operator can see that a retail operation will create many more challenges for his business than will an operation that is geared strictly to service.
They must consider their enterprise against the face of competition and the market demands for their tanning services.
The picture for determining profits for retailing is a little different.
Here are some of the expenses that must be considered in your salon operation: rent, utilities, professional services, telephone service, insurance, advertising, labor and equipment.
The big cost for many tanning salons is the equipment.