Ok , so for those of you accusing me of lying about my figures I’ll explain and have done some screenshots ,
The £110000 was from last years figures as I have an app with all the expenses, last year we had less staff and one part time , we have 2 apprentices who are much cheaper .
our wages bill now is higher ,
Id forgotten how some mumsnetters love to look for holes in a post and make up evidence to fit their narrative 🙄
we now have 2 senior stylists , one on
£20.50 per hour
one on £16.50 per hour
a new graduate stylist 19 years on £12.50 per hour
2 apprentices
one on £253 per week
one on £335 per week
my PAYE wage is £241 per week
the rest of my wage is taken in profits after the tax bill has been paid
there was around £36 k ish last year left over
Im paying back huge loans from COVID as well as the bounce back loan .
There are many expenses I’ve not listed as there are too many to list …
salon furniture and kitchen loans
Miele washer and dryer for the laundry room was 2.5 k for bigger machines
new 7 fire extinguishers last month cost me nearly £800
PAT testing for the electrics was nearly £300
a new part for the motor of the massage chair was £300
8 new practice dolls heads last week were £90 each.
the list is endless
I’m not sure why I’m being accused of being greedy as I’m the least greedy business owner I know .
I’ve just spent £150 each on fancy spa tickets for the staff for Xmas .
I took them all abroad this year for a weekend and paid for meals .
We had a meal out last night paid for by me
the screenshots are cobbled together , the 2 revenues screenshots are one for last tax year , and one showing up to now .
the more recent figure shows higher due to more staff this tax year.
If you still don’t believe the figures after this then so be it
I am baffled by the way some of you are determined to paint all businesses owners in a bad light
we are not all Phillip Green you know !
Ive managed to stay afloat after COVID that nearly finished me off ,
Ive got hardly any qualifications, an E in maths GCSE
I’ve build this small business up all by myself while bringing up several children , and I’m actually very proud of myself😊----