As an entrepreneur, do you know why you charge for your services the way you do? Do you feel like your business is struggling and you’re not even sure why?
If these questions resonate with you, Neiru’s business sensei and founder of the industry podcast The Nail Hub, Liz Morris, will be hosting a workshop on how to appropriately charge for your services. The best part is the class is completely free!
“The goal of this entire workshop is to really help nail techs make sure they’re covering their expenses. There are so many guys and gals out there working their behinds off but they’re not getting ahead and eventually most of them end up quitting on their passion because they can’t survive financially,” Morris says. “I truly believe one of the core issues causing this is that they aren’t charging enough to cover all of their expenses. They are merely copying another business’s prices without understanding their own numbers. I want everyone to know their business as well as they know their color selections!”
The three-part digital workshop will cover these topics:
1. How to calculate your product usage and associated costs.
2. How to calculate your overhead costs.3.
3. How to calculate your total service price so that your costs are covered and you are making money not only to pay yourself but to be able to reinvest in your business/career.