Hairdressing Pricing Calculator

Determining your ideal hourly and prices for ervices.

1. Set Financial Targets: Input your desired gross annual income (before paying income tax) and the superannuation rate (currently 11%) to define your financial goals for the year.
2. Detail Your Operating Costs: Use the provided fields to enter your recurring expenses such as rent, utilities, colour supplies, and other professional products. Specify the amount PER YEAR and then enter a % increase for each. It will show you this years costs based on the % increase.
3. Work Schedule: Fill in the number of days you work per week, the hours you work per day, and your holiday days per year to calculate total billable hours.
4. GST Registration: Select whether you are GST registered. This affects how GST is calculated in relation to your services.
5. Add your services you want to see what the new price should be based on the time for each service and the last years price
6. Calculate your ideal hourly rate and price increase by pressing the “Calculate All” button to see:
   – The hourly rate you need to charge to meet your financial targets, your operational costs, super contribution and new service pricing based on suggested hourly rate
7. Evaluate Results: Review the calculated hourly rate and other financial details. Adjust your inputs as necessary to explore how changes affect your required hourly rate and overall financial plan.