Chapter 3 : Overhead + Inventory Management
Inventory, Color Cost & Client Formula Management
If you don’t have a system for tracking your inventory, your money is slipping through the cracks. Wasted color, over-ordering, and unclear client formulas all add up and they eat into your profit without you realizing it.
In this chapter, we will streamline the way you manage your backbar so you know exactly what’s coming in, what’s going out, and how much each service really costs you. This clarity is essential because understanding your numbers here will directly connect to how you price for profit in the next chapter.
In this chapter, you will learn how to:
• Use your Inventory Spreadsheet to track products with ease.
• Combine your inventory tracker, booking system, and client records to forecast color orders and avoid overstocking.
• Calculate the real cost of your color, down to the bowl, so you know your actual expenses.
• Manage client formulas with tools that simplify re-mixing, reduce waste, and keep formulas consistent.
Tools included:
• Color Cost Calculator
• Inventory Tracker
• Re-Mixing Calculator
• Client Formula Organizer
By the end of this chapter, you’ll know exactly how much your inventory is costing you, how to prevent waste, and how to keep your client records sharp, all of which sets you up to price confidently in Chapter 4.
