Here’s My Tip of the Week:
This is what I recommend when you’re trying to set the rates for your services as a business or beauty professional:
-Make sure to account for your experience level, education, and specialty training you have received in order to recoup your investment.
-Check what the average costs of services are at nearby similar salons and use this as a starting marker and the evaluate where you should be while taking your experience into consideration.
-Evaluate your clients to ensure that you will keep the majority of your clients as you set your fees and make changes to your fees.
-Raise your pricing annually or every other year in order to account for changes in the market and the increase in cost of doing business.
-Remember, you are worth a lot. Make sure to value yourself when setting your rates.