10/07/2026
EEEEKK… wages are going up AGAIN?!
Yep. If you own a salon in New Jersey, I don't want January 1st to roll around and THEN have you wondering what this increase is going to do to your numbers.
Starting January 1, 2027, New Jersey's minimum wage increases to $16.48/hour for most employees and $16.25/hour for small employers with fewer than six employees.
My smaller salon owners, I especially want you paying attention.
That small-employer rate is going from $15.23 to $16.25.
That's a $1.02/hour increase.
One employee working 40 hours a week? That's approximately $2,122 more per year in wages alone.
Now multiply that by however many employees you have. It doesn't necessarily stop with wages. Your total payroll-related costs can increase too. You may also need to look at what you're paying your more experienced stylists and employees so your entire pay structure still makes sense.
This is exactly why I don't want you waiting until January, ripping out your gorgeous hair and asking, "What the heck?! How are we going to afford this?"
I want you to know NOW:
How much additional revenue does your salon need to bring in to absorb the increase?
Do you need to adjust pricing?
Does your average ticket need to increase?
Are your chairs producing what they need to produce?
Is payroll where it should be?
Are there expenses quietly eating away at your profit?
These are the conversations we can have BEFORE there's a problem, because I know most salon owners did not get into this business because they love sitting around calculating break-even points, so I made you a little something.
I created a FREE Salon Break-Even Calculator.
It will help you see what your salon needs to bring in each month to cover its expenses and what happens to that number when your costs increase.
And PLEASE hear me on this part:
WE DON'T JUDGE YOUR NUMBERS.
Seriously. We don't.
If you plug everything in and think, "Cat, this does not look good," call me.
Message me. Email me. Pigeon message me. Honestly, that would be pretty cool.
The number isn't the problem.
Not knowing the number is what keeps you from doing something about it.
Once we know it, we can make a plan.
Let's get your salon ready for 2027 now, not January 1st.
Want the FREE Salon Break-Even Calculator?
Comment or message me "FREEBIE" and I'll send it your way.
~ Your numbers bestie, Cat
CMR Bookkeeping LLC
Where your business is treated like family!