How to price your services when you move into a suite

In a commission salon, prices are usually set for you. In your own suite, they are your call. That freedom is a big part of going independent, and getting it right from day one makes everything else easier.

Start with what it costs you to open the door

Add up your monthly costs: suite rent, products and supplies, booking software, insurance and anything else you pay for to run your business. Divide that by the number of hours you plan to work in a month. That number is what each hour costs you before you earn anything.

Add what you want to earn

Decide what you want to take home for an hour of your time, then add it to your cost per hour. Now you have a target hourly rate. Price each service by how long it takes, plus the products it uses.

Check the market, but don't copy it

Look at what pros with similar experience charge nearby. You don't need to be the cheapest. Clients in a private suite are paying for one-on-one attention, a quiet room and your expertise.

Keep your menu simple

• List your core services with clear prices or starting prices.
• Bundle add-ons, like a treatment with a cut, so booking is easy.
• Note how long each service takes so clients can plan.

Review every few months

Your costs and your skills will change. Look at your numbers regularly, and give regular clients plenty of notice before a price change.

At NR Beauty Studio, utilities, WiFi and furnishings are included in your rent, which keeps your monthly costs simple to plan around.