Free starter kit
The Beauty Pro Money Starter Kit
Everything in one place. To print or save as a PDF, use your browser's print option (Ctrl+P or Cmd+P).
1. Your monthly 20-minute routine
- ☐ Record all income from the month (services, retail, tips).
- ☐ Sort each expense into a category.
- ☐ Match your records to your bank statement.
- ☐ Photograph and file any missing receipts.
- ☐ Move your tax set-aside to your savings account.
- ☐ Look at what you earned and what is left. Write it down.
2. Category list for beauty pros
| Income | Expenses |
|---|---|
| Services Retail products Tips Other income | Rent (booth or suite) Products and supplies Tools and equipment Training and licenses Insurance Marketing Software and booking fees Card processing fees Phone and internet Travel and mileage Laundry and cleaning Professional fees |
Remember: money you move to your personal account is a draw, not an expense. Card payouts arrive net of fees, so record the full price as income and the fee as an expense.
3. Tax calendar (United States)
| Income earned | Estimated payment due |
|---|---|
| January 1 to March 31 | April 15 |
| April 1 to May 31 | June 15 |
| June 1 to August 31 | September 15 |
| September 1 to December 31 | January 15 of the next year |
If a date falls on a weekend or holiday, it moves to the next business day. Your state may have its own estimated payments. Many self-employed people set aside roughly 25 to 30 percent of profit. This is general information, not tax advice.
4. Receipts and records
- Photograph every receipt the day you get it.
- Keep a mileage log: date, place, purpose.
- Keep a tip log.
- Keep records for at least three years after you file. Many people keep seven.
Want us to set it up for you?
We can do the cleanup and the monthly upkeep. Your first price check is free.