Salon Today - January 2009 - (Page 18) Portraits of Success >Self-Portrait Exercise One of the most valuable benefits from the information we collect for SALON TODAY 200 is the ability to offer our readers a mirror reflecting the state of salon business and benchmarks to measure their own businesses against. Here’s some additional points to ponder: When the fastest-growing salons look at their gross revenue by category, the average percentages break down like this: Hair Color Service Sales: 33 percent 5% 11% 2% Hair Cutting Service Sales: 32 percent Retail Sales: 17 percent Skin Care, Body Care, Spa-Type Service Sales: 33% 17% 32% 11 percent 5 percent Nail Service Sales: Chemical Service Sales: 2 percent n Of those salons that do have more than one location, on average they operate three sites. n Growth rates are higher for salons with lower gross revenues. For example, salons with gross revenues up to $499,999 experienced a 26percent growth rate, while salons with sales exceeding $2 million grew an average of 15 percent. n There is a relationship between the price charged for a shampoo, cut and style and total gross revenues. As the prices increase, so do the gross revenues—from an 18 | January 2009 www.salontoday.com average of $42 for salons in the lowest revenue category to $52 in the highest revenue category. n Individual service providers earn significantly more in salons that take in more revenue. Stylists in salons with gross earnings up to $499,999 earn on average $38,148 compared to stylist working in salons with gross earnings exceeding $2 million who earn an average of $54,468. n Fifty-one percent of ST200 salons completed a remodel in the past two years. n Salons with gross revenues more than $2 million have twice as many employees as do salons grossing $1 million to $1,999,999—an average of 73 versus 30. n On average, ST200 salons employ one full-time support person for every three fulltime income-producing employees. n Only 29 percent of ST200 salons employ a retail manager who is separate from the owner or front desk staff. n Eighty-six percent of ST200 salons offer compensation to their staff members for retail sales. http://www.salontoday.com
Table of Contents Feed for the Digital Edition of Salon Today - January 2009 Salon Today - January 2009 Contents Editor's Note Reception The 12th Annual SALONTODAY 200: Portaits of Success Salon Today 200: $250,00 to $499,999 Salon Today 200: $500,000 to $999,999 Salon Today 200: $1 million to $1,999,999 Salon Today 200: $2 million plus Trademarks Products A Time for Change Salon Today - January 2009 Salon Today - January 2009 - Salon Today - January 2009 (Page Cover1) Salon Today - January 2009 - Salon Today - January 2009 (Page Cover2) Salon Today - January 2009 - Salon Today - January 2009 (Page 1) Salon Today - January 2009 - Salon Today - January 2009 (Page 2) Salon Today - January 2009 - Salon Today - January 2009 (Page 3) Salon Today - January 2009 - Contents (Page 4) Salon Today - January 2009 - Contents (Page 5) Salon Today - January 2009 - Contents (Page 6) Salon Today - January 2009 - Contents (Page 7) Salon Today - January 2009 - Contents (Page 8) Salon Today - January 2009 - Contents (Page 9) Salon Today - January 2009 - Editor's Note (Page 10) Salon Today - January 2009 - Editor's Note (Page 11) Salon Today - January 2009 - Reception (Page 12) Salon Today - January 2009 - Reception (Page 13) Salon Today - January 2009 - Reception (Page 14) Salon Today - January 2009 - Reception (Page 15) Salon Today - January 2009 - The 12th Annual SALONTODAY 200: Portaits of Success (Page 16) Salon Today - January 2009 - The 12th Annual SALONTODAY 200: Portaits of Success (Page 17) Salon Today - January 2009 - The 12th Annual SALONTODAY 200: Portaits of Success (Page 18) Salon Today - January 2009 - The 12th Annual SALONTODAY 200: Portaits of Success (Page 19) Salon Today - January 2009 - The 12th Annual SALONTODAY 200: Portaits of Success (Page 20) Salon Today - January 2009 - The 12th Annual SALONTODAY 200: Portaits of Success (Page 21) Salon Today - January 2009 - Salon Today 200: $250,00 to $499,999 (Page 22) Salon Today - January 2009 - Salon Today 200: $250,00 to $499,999 (Page 23) Salon Today - January 2009 - Salon Today 200: $250,00 to $499,999 (Page 24) Salon Today - January 2009 - Salon Today 200: $250,00 to $499,999 (Page 25) Salon Today - January 2009 - Salon Today 200: $250,00 to $499,999 (Page 26) Salon Today - January 2009 - Salon Today 200: $250,00 to $499,999 (Page 27) Salon Today - January 2009 - Salon Today 200: $250,00 to $499,999 (Page 28) Salon Today - January 2009 - Salon Today 200: $250,00 to $499,999 (Page 29) Salon Today - January 2009 - Salon Today 200: $500,000 to $999,999 (Page 30) Salon Today - January 2009 - Salon Today 200: $500,000 to $999,999 (Page 31) Salon Today - January 2009 - Salon Today 200: $500,000 to $999,999 (Page 32) Salon Today - January 2009 - Salon Today 200: $500,000 to $999,999 (Page 33) Salon Today - January 2009 - Salon Today 200: $500,000 to $999,999 (Page 34) Salon Today - January 2009 - Salon Today 200: $500,000 to $999,999 (Page 35) Salon Today - January 2009 - Salon Today 200: $500,000 to $999,999 (Page 36) Salon Today - January 2009 - Salon Today 200: $500,000 to $999,999 (Page 37) Salon Today - January 2009 - Salon Today 200: $500,000 to $999,999 (Page 38) Salon Today - January 2009 - Salon Today 200: $500,000 to $999,999 (Page 39) Salon Today - January 2009 - Salon Today 200: $500,000 to $999,999 (Page 40) Salon Today - January 2009 - Salon Today 200: $500,000 to $999,999 (Page 41) Salon Today - January 2009 - Salon Today 200: $500,000 to $999,999 (Page 42) Salon Today - January 2009 - Salon Today 200: $500,000 to $999,999 (Page 43) Salon Today - January 2009 - Salon Today 200: $1 million to $1,999,999 (Page 44) Salon Today - January 2009 - Salon Today 200: $1 million to $1,999,999 (Page 45) Salon Today - January 2009 - Salon Today 200: $1 million to $1,999,999 (Page 46) Salon Today - January 2009 - Salon Today 200: $1 million to $1,999,999 (Page 47) Salon Today - January 2009 - Salon Today 200: $1 million to $1,999,999 (Page 48) Salon Today - January 2009 - Salon Today 200: $1 million to $1,999,999 (Page 49) Salon Today - January 2009 - Salon Today 200: $1 million to $1,999,999 (Page 50) Salon Today - January 2009 - Salon Today 200: $1 million to $1,999,999 (Page 51) Salon Today - January 2009 - Salon Today 200: $1 million to $1,999,999 (Page 52) Salon Today - January 2009 - Salon Today 200: $1 million to $1,999,999 (Page 53) Salon Today - January 2009 - Salon Today 200: $1 million to $1,999,999 (Page 54) Salon Today - January 2009 - Salon Today 200: $1 million to $1,999,999 (Page 55) Salon Today - January 2009 - Salon Today 200: $1 million to $1,999,999 (Page 56) Salon Today - January 2009 - Salon Today 200: $1 million to $1,999,999 (Page 57) Salon Today - January 2009 - Salon Today 200: $1 million to $1,999,999 (Page 58) Salon Today - January 2009 - Salon Today 200: $1 million to $1,999,999 (Page 59) Salon Today - January 2009 - Salon Today 200: $2 million plus (Page 60) Salon Today - January 2009 - Salon Today 200: $2 million plus (Page 61) Salon Today - January 2009 - Salon Today 200: $2 million plus (Page 62) Salon Today - January 2009 - Salon Today 200: $2 million plus (Page 63) Salon Today - January 2009 - Salon Today 200: $2 million plus (Page 64) Salon Today - January 2009 - Salon Today 200: $2 million plus (Page 65) Salon Today - January 2009 - Salon Today 200: $2 million plus (Page 66) Salon Today - January 2009 - Salon Today 200: $2 million plus (Page 67) Salon Today - January 2009 - Salon Today 200: $2 million plus (Page 68) Salon Today - January 2009 - Trademarks (Page 69) Salon Today - January 2009 - Products (Page 70) Salon Today - January 2009 - Products (Page 71) Salon Today - January 2009 - A Time for Change (Page 72) Salon Today - January 2009 - A Time for Change (Page Cover3) Salon Today - January 2009 - A Time for Change (Page Cover4)
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