This salon revenue projection template is the first step in starting a salon business plan, and provides a quick and easy method to estimate revenue generated by a salon for the next 5 years.
The template is equally suited to a hair salon business plan, beauty salon business plan, or nail salon business plan.
Using the Salon Business Plan Revenue Projection Template
The template is used by entering details as follows.
- Enter the Stylist Client Base
Enter the number of clients each stylist has. So for example if a stylist has 100 clients enter 100.
- Enter the Number of Weeks
Enter the number of weeks between client visits. The calculator calculates the number of clients the stylist must see on average each week. So for example, if a stylist has 100 clients and aims to see them every 7 weeks then the stylist must have on average 100/7 = 14.29 client sessions per week to satisfy this demand.
- Enter the Number of Stylists
Enter the number of stylists operating in the salon. The calculator calculates the number of salon clients per week.
- Enter the Average Client Spend
Enter the average amount a client spends on services during a visit to the salon. The calculator calculates the client service revenue for a week.
- Enter the Weeks Open
Enter the number of weeks the salon is open each year. The calculator calculates the total service revenue for the year.
- Enter the Average Retail Spend per Client
Enter the average amount a client spends on retail products during a visit to the salon. The calculator calculates the client retail revenue for a week and the year.
- Enter Sundry Revenue Items
To complete the sales forecast, five categories of sundry revenue can also be entered in the additional lines provided. The amount entered is for the year. The calculator calculates the total other revenue and the total salon revenue for the year.
Salon Business Plan Revenue Projection Template Download
The salon business revenue projection template is available for download in Excel format by following the link below.
The revenue forecast produced by this template forms the starting point for our Financial Projections Template, as part of a business plan for a hair salon.
Users use the free hair salon business plan template to generate sales projections at their own risk. We make no warranty or representation as to its accuracy and we are covered by the terms of our legal disclaimer, which you are deemed to have read. This is an example of an small salon business plan sales forecasting software that you might use. It is purely illustrative. This is not intended to reflect general standards or targets for any particular company or sector. If you do spot a mistake in the hair salon business plans revenue projection template, please let us know and we will try to fix it.
About the Author
Chartered accountant Michael Brown is the founder and CEO of Plan Projections. He has worked as an accountant and consultant for more than 25 years and has built financial models for all types of industries. He has been the CFO or controller of both small and medium sized companies and has run small businesses of his own. He has been a manager and an auditor with Deloitte, a big 4 accountancy firm, and holds a degree from Loughborough University.