How-To Guide for Stylists: The Benefits of Tracking Daily Numbers
As a hairstylist, staying on top of your daily numbers is crucial for understanding your business, managing your finances, and reaching your goals. By keeping a detailed log of your daily activity, you can identify patterns, track growth, and make informed decisions about your career. Here’s a simple system to help you effectively track your daily numbers. If you are a stylist who would like to get a better handle on their daily numbers, Prism Profit may be a great program for you. Learn more about the Prism Profit program here.
Step-by-Step Guide for Stylists: How to Track Daily Numbers
Start with the Basics
Each day, begin your tracking by listing the date. Record the day, month, and year. Having an organized timeline makes it easier to review your progress over time.Log Your Clients
Keep a list of all the clients you serviced that day. Include their names and the services you performed. This helps you track client frequency and preferred services, which can guide future marketing or rebooking efforts.Track Credit Transactions
Record all credit card payments. This allows you to reconcile your totals and understand how much of your income comes through electronic payments versus cash.Calculate Your Service Totals
Before Tips: Document the total sales from services before factoring in tips. This gives you a clear picture of your baseline earnings.
After Tips: Add in tips to see your total income for the day. This is essential for understanding how gratuities impact your overall revenue.Note Cash Sales
Track any cash transactions separately. Knowing how much cash you handled each day helps with balancing your register and preparing deposits.Monitor Product Sales
If you sell retail products, list the items and their prices. This allows you to see how much of your income is coming from product sales and identify any bestsellers or trends.Review and Reflect
At the end of each day, review your numbers to ensure everything balances. This practice not only keeps your records accurate but also helps you stay mindful of your financial goals
Benefits of Daily Tracking for Stylists & Salon Owners
Stay organized: Easily reconcile your finances and prepare for tax season.
Spot trends: Identify busy days, popular services, or peak seasons.
Set goals: Use your data to create realistic revenue and growth goals.
Build accountability: Regular tracking keeps you focused and intentional about your business.
If you are a stylist who would like to get a better handle on their daily numbers, Prism Profit may be a great program for you. The program includes detailed how-to videos on not only daily tracking, but weekly, monthly, and yearly. Click on this link or follow the button below to see if the Prism Profit program could benefit you and your business. If you’d like to know exactly how I do my tracking, fill out the form below to receive downloadable daily tracking templates!
