Salon Profit & Loss Statement
Salon Profit & Loss Statement
The following Profit & Loss Statement provides an overview of the financial performance of [Your Company Name] for the period ending May 31, 2050. This statement outlines the revenue generated from various salon services and retail product sales, as well as the expenses incurred in operating the salon. It aims to offer insights into the profitability and financial health of the salon during the specified timeframe.
Salon Profit & Loss Statement for [Your Company Name]
As of May 31, 2050
|
Revenue |
Amount |
|---|---|
|
Haircut Services |
[$25,000] |
|
Hair Coloring Services |
[$18,500] |
|
Hair Styling Services |
[$12,000] |
|
Manicure and Pedicure Services |
[$8,500] |
|
Retail Product Sales |
[$6,200] |
|
Other Services |
[$3,000] |
|
Total Revenue |
[$73,200] |
|
Expenses |
Amount |
|---|---|
|
Employee Wages and Benefits |
[$30,000] |
|
Rent and Utilities |
[$10,500] |
|
Supplies and Inventory |
[$7,200] |
|
Marketing and Advertising |
[$5,000] |
|
Equipment Maintenance |
[$2,500] |
|
Insurance |
[$1,800] |
|
Administrative Costs |
[$4,000] |
|
Other Expenses |
[$2,000] |
|
Total Expenses |
[$63,000] |
|
Net Profit (Loss) |
[$10,200] |
Notes:
-
Revenue represents income generated from salon services and retail product sales.
-
Expenses include all costs associated with operating the salon, including wages, rent, supplies, marketing, and administrative expenses.
-
Net Profit (Loss) is calculated by subtracting total expenses from total revenue, indicating the profitability of the salon during the specified period.
