Financial Modelling Tool for Barbers & Hairdressers
As a barber or hairdresser, staying on top of your finances throughout the year is key to running a successful salon. From managing seasonal dips in bookings to planning for staff wages and equipment upgrades, Brixx gives you the financial tools to forecast, plan, and grow with confidence.
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Model your barbershop or hairdressers in Brixx - see how quickly your finances can make sense!
We are working on creating this template in Brixx. Although it isn’t available just yet, you can follow the guidance below to help get started. If you need any further assistance, don’t hesitate to get in touch – we’re here to help!
Project Setup
- Project name: Barbershop Business
- Time period: Monthly (suitable for tracking appointments, walk-ins, staff wages, and product sales)
Income Components
- Component: Service Income
- Sub-components:
- Men’s Haircuts (avg. £15 per cut × 400 cuts/month = £6,000/month)
- Beard Trims (avg. £8 × 200 trims/month = £1,600/month)
- Women’s Haircuts (avg. £25 × 100 cuts/month = £2,500/month)
- Colouring & Styling Services (avg. £45 × 50 services/month = £2,250/month)
- Sub-components:
- Component: Product Sales
- Sub-components:
- Haircare Products (shampoos, conditioners, waxes – £1,200/month)
- Equipment (combs, brushes, small retail – £300/month)
- Sub-components:
- Component: Chair Rental (if mixed model)
- Sub-components:
- Freelance Stylist 1 – Rent (£800/month)
- Freelance Stylist 2 – Rent (£800/month)
- Sub-components:
Expenditure Components
- Component: Operational Costs
- Sub-components:
- Staff Wages (2 barbers @ £2,000/month each = £4,000/month)
- Freelance Commission (if not renting chairs) – 40% of service income (modelled if applicable)
- Product Inventory/Stock (£800/month)
- Laundry & Towels Service (£150/month)
- Cleaning & Hygiene Supplies (£100/month)
- Booking Software Subscription (£50/month)
- Utilities – Electric, Water, Internet (£400/month)
- Rent (commercial premises) – £1,200/month
- Insurance (Public liability, equipment cover) – £600/year (£50/month)
- Sub-components:
- Component: Administrative Costs
- Sub-components:
- Accountant/Bookkeeper Fees (£150/month)
- Marketing & Advertising (Social media, flyers, local promotions – £250/month)
- Legal Fees & Licensing (annual local authority licenses – £300/year)
- Software (Brixx or other planning tools – £20/month)
- Sub-components:
Asset Components
- Component: Fixed Assets
- Sub-components:
- Fit-Out & Leasehold Improvements (£10,000, depreciated over 5 years)
- Barber Chairs & Mirrors (£5,000, 5-year depreciation)
- Hairdryers, Clippers, Tools (£3,000, 3-year depreciation)
- Reception Desk & Waiting Area Furniture (£2,000, 5-year depreciation)
- POS System & Computer Equipment (£1,500, 3-year depreciation)
- Sub-components:
- Component: Current Assets
- Sub-components:
- Cash Reserves (£5,000 starting balance)
- Inventory (hair products for retail – £1,000)
- Accounts Receivable (if chair renters pay in arrears – £800)
- Sub-components:
Funding Components
- Component: Loan
- Sub-components:
- Business Startup Loan: £15,000 at 6% interest, 5-year term (£290/month repayment)
- Sub-components:
- Component: Personal Investment
- Sub-components:
- Owner’s Equity: £10,000
- Sub-components:
Scenario Planning in Brixx
- Quiet Months or Seasonal Drops
- Model a 20% drop in service income during January and August.
- Staff Sick Leave
- Add temporary staff cover at higher hourly rates or reduce revenue capacity.
- Product Price Increases
- Factor in supplier inflation or increase in retail prices to offset costs.
- Salon Expansion
- Add a new stylist/chair, model capital cost and increased income over time.
- VAT Registration Threshold
- If revenue exceeds £90k/year, introduce VAT modelling in cash flow.
Dashboard & Reporting
- Cash Flow Report
- Track net monthly cash flow (e.g. £12,350 income – £6,750 expenses = £5,600 gross before tax)
- Balance Sheet
- Assets: growing from initial investment
- Liabilities: loan reducing over time
- Net equity growing with retained profit
- Profit & Loss Statement
- Display revenues, costs, and gross/net profits monthly and yearly
- Custom KPIs
- Average Revenue per Customer
- Chair Utilisation Rate
- Revenue per Stylist
- Net Margin (%)
Who can use this Brixx template?
- Independent barbers
- Salon owners
- Mobile hairdressers
Brixx is a great tool for:
- Anyone in the hair and beauty industry managing finances, whether solo or running a team
- Salon managers, business owners, or accountants planning income, costs, and future expansion
What are the benefits to barbers and hairdressers?
- Tailored to service-based businesses with recurring customers and variable income
- Easily plan wages, rent, stock costs, and promotional campaigns
- Visualise cash flow across quiet and busy periods to avoid surprises
- Model different scenarios like hiring new staff, launching new services, or adjusting prices
- Instantly see the financial impact of business changes like rent increases or new product lines
Strategic forecasting in Brixx
- Plan for peak seasons like wedding periods or holidays
- Understand how price changes or new services affect your bottom line
- Forecast wage increases, equipment investments, or training costs
- Budget for renovations, product stock, and marketing campaigns
- Test the financial impact of business growth, service bundles, or retail sales
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"The features within Brixx enabled us to plan and map this out alongside our forecasts and was a useful tool for explaining the impacts to potential investors."
Ed, Bird EyewearStart using the financial modelling software trusted by thousands of small businesses!
For barbers and salon owners, staying financially prepared can mean the difference between coasting and thriving. Brixx helps you see what’s coming – from cash flow challenges to exciting opportunities – so you can make smart, confident decisions.
Whether you’re planning to hire, open a second location, or simply want to get clearer on your day-to-day finances, Brixx makes it easy. With over two decades of business modelling expertise, we’ve created a tool that speaks your language and supports your growth.
Let our financial forecasting software be your guide to a more predictable and profitable future in the hair and beauty industry.