I need a break even analysis for a Hair salon the prices to use are:
Shampoo and style $40
Style only $20
High lights $ 100
Manicure and pedicure $50
Massage $ 60
Use the following steps
- 1. Identify pricing objectives and constraints.
- 2. Estimate demand and revenue.
- 3. Determine cost, volume, and profit relationships.
- 4. Select an approximate price level.
- 5. Set list or quoted price.
- 6. Make special adjustments to list or quoted price.