I did a few searches but can't find what I'm looking for. Apologies in advance if this has already been addressed. Anyhoo...

I finally finished some painful calculations to figure out once and for all how many steady clients I need to reach my monthly revenue target. I'm doing it by hand (no fancy shmancy software). So far, here's what I have:

My monthly target: $2400

My average $/hr (based on avg service price: $15.83

Number services I need to do to hit monthly target: 7/day with a 5 day work week

Daily $ target: $111 (working 22 days)

Weekly $ target: $555 (4.33 wks/ mth)

Whew! Still with me?

Okay, now the hard part. How do I use all this math to figure out how many CLIENTS I need to support this pie-in-the-sky steady cash flow?

Or am I going about this all wrong?

By the way, I am only using my full sets and fills for this analysis. Nail art, gel polish, pedicures and all that stuff will be gravy. I don't want to consider those in my "steady service clientele" analysis.

Thanks for anyone who can help (and who had the patience to read this!)

UPDATE: I did something simple. Since I would need to do 7 services a day for 22 days, I multltiplied these to get 154. Thats the number of total services I'd need to do a month. If each of these were enhancement customers, I'll assume they'll be in at least twice a month. So I divide 154 by 2 and get 77. That's 77 regular standing enhancement clients. OUCH!!!

I am less than half-way to THAT goal.

At least this gives me options. I can either:

1. Increase my service prices so I'd need fewer clients.

2. Increase my hours to 6 days or longer work days. But I don't think that will affect the number of clients I need to have.

3. Add in the rest of those services to my analysis.

I have a headache now. HAS ANYONE ELSE DONE THIS STUFF? HELP!!!

I finally finished some painful calculations to figure out once and for all how many steady clients I need to reach my monthly revenue target. I'm doing it by hand (no fancy shmancy software). So far, here's what I have:

My monthly target: $2400

My average $/hr (based on avg service price: $15.83

Number services I need to do to hit monthly target: 7/day with a 5 day work week

Daily $ target: $111 (working 22 days)

Weekly $ target: $555 (4.33 wks/ mth)

Whew! Still with me?

Okay, now the hard part. How do I use all this math to figure out how many CLIENTS I need to support this pie-in-the-sky steady cash flow?

Or am I going about this all wrong?

By the way, I am only using my full sets and fills for this analysis. Nail art, gel polish, pedicures and all that stuff will be gravy. I don't want to consider those in my "steady service clientele" analysis.

Thanks for anyone who can help (and who had the patience to read this!)

UPDATE: I did something simple. Since I would need to do 7 services a day for 22 days, I multltiplied these to get 154. Thats the number of total services I'd need to do a month. If each of these were enhancement customers, I'll assume they'll be in at least twice a month. So I divide 154 by 2 and get 77. That's 77 regular standing enhancement clients. OUCH!!!

I am less than half-way to THAT goal.

At least this gives me options. I can either:

1. Increase my service prices so I'd need fewer clients.

2. Increase my hours to 6 days or longer work days. But I don't think that will affect the number of clients I need to have.

3. Add in the rest of those services to my analysis.

I have a headache now. HAS ANYONE ELSE DONE THIS STUFF? HELP!!!

Jeanne - New You Nail Gallery

Detroit, MI

"The MIND, once stretched by the IMAGINATION, never regains its original form"

Detroit, MI

"The MIND, once stretched by the IMAGINATION, never regains its original form"