By your loyal loon-loving Canadian bookkeeper at Beyond the Ink – crunching numbers so you can keep crunching dermals.
Alright, fellow needle-wielding entrepreneurs, let’s talk
turkey. (Or tofu, if you’re plant-based. We’re inclusive here at Beyond the
Ink.)
You’ve got a studio full of artists, piercers, tooth gem
wizards, and one guy who insists on only doing black-and-grey Viking-themed leg
sleeves. Your books? A kaleidoscope of styles, supplies, and service charges.
But do you know which of these glorious body mods are actually making you
money?
Because here’s the truth: just like tattoos, not all
services are created equal. Some are beautiful and profitable. Others are
just... beautiful. And some are about as financially rewarding as a freehand
finger tattoo on your buddy named Kyle.
Let’s dive into the ink-stained truth of service
profitability—because knowing your most lucrative offerings means less
guesswork, more paycheques, and fewer 3am "Where did the money go?!"
crises.
๐งฎ The Not-So-Sexy
Math Behind the Sexy Art
Before you roll your eyes and reach for your machine, let me
make it simple: profit = what you make – what it costs you to do the thing.
So when we say “What are your most profitable services?” we
mean:
- Which
services bring in the most revenue
- With
the least amount of cost
- In
the least amount of time
- Using
the least amount of materials
- While
still keeping your artist’s sanity intact (bonus!)
TL;DR: Time is money. Ink is money. Gloves are money.
Know where the money is going.
๐ Tattoos: Big Time,
Big Bucks… Right?
Well… maybe.
Let’s break it down:
- Hourly
tattoos can be super profitable if your artist is quick and
skilled.
- But
if a “4-hour piece” turns into a 9-hour saga with seven snack breaks, your
margins might look like a sad stick-and-poke.
- Also:
full-day sessions = higher profit per client, but fewer clients per
day.
Want to boost profitability? Track time per piece. Price
accordingly. Don’t get caught charging $300 for a $500 effort.
✨ Piercings: Small
Stabs, Big Gains
Piercings are the unsung heroes of studio cash flow. Fast,
relatively low-supply, and steady demand (especially from birthday teens and
bachelorette parties).
BUT:
- Are
you charging enough?
- Are
you upselling quality jewelry?
- Are
you factoring in sterilization time, setup, aftercare kits?
A 10-minute $60 nostril piercing with a $15 jewelry upgrade
is chef’s kiss for margins—unless you're giving away free titanium like
it’s Halloween.
๐ฆท Tooth Gems,
Branding, Scarification & Other Niche Wonders
Some of y’all are doing truly magical, niche work. And I
salute you. But ask yourself:
- Is
the demand steady?
- Are
the supplies specialized (read: expensive)?
- Is
your pricing compensating for the expertise and risk?
If you’re gluing Swarovski to molars for $40 a pop but using
$30 worth of materials and a full sterilization setup... Houston, we have a
math problem.
๐ How to Actually
Figure This Out Without Crying
Here’s the simple formula you should be using:
(Revenue per service – cost of materials – time x hourly
overhead) = profit per service
Yes, that means:
- Tracking
supplies used
- Estimating
time per service
- Assigning
value to your time (spoiler alert: your time is worth more than zero)
Use a spreadsheet, an app, or a good old-fashioned
napkin—but track it. Over a month, you’ll spot patterns:
- “Wow,
micro tattoos are eating up two hours and barely covering gloves.”
- “Holy
septum! Piercings pay for my rent every Saturday.”
- “I
could live off blackout sleeves if I didn’t need my wrists to function.”
๐ The Profitability
Power Move
Once you know what services are printing cash and which are
just pretty portfolio fillers, you can:
- Adjust
your marketing (more promo for high-margin work!)
- Adjust
your pricing (bye-bye undercharging)
- Adjust
your scheduling (stack fast-money services on slow days)
- Adjust
artist focus (give your Viking leg guy a nudge toward cash cows)
This isn’t about selling out. It’s about sustainability—so
your art can thrive, your team gets paid, and you’re not crying into a pile of
disposable aprons during tax season.
TL;DR for the Busy Studio Boss:
๐ธ Track what each
service earns vs costs
๐
Identify your most profitable services (fast, low-supply, steady demand =
gold)
๐ง
Fix what’s draining your cash (too slow, underpriced, supply-heavy)
๐ฏ
Shift focus to what works best for your bottom line
๐
Profit like a boss while still slingin’ killer art
Signed, Your Profit-Loving, HST-Haunted Bookkeeper
At Beyond the Ink, we believe your art deserves to
pay you well. Want help setting up those tracking sheets? Need someone to
gently explain that $15 eyebrow piercing isn’t covering rent? I’m here for you.
Because nothing says "professional studio
owner" like knowing which services are paying the bills—and which ones
are just stealing your nitrile.
๐งพ๐ฐ๐
— Beyond the Ink, where financial clarity meets creative badassery.
No comments:
Post a Comment