Salons & Personal Services
Salons and Personal Services, managing time and others, is important to know how to manage and make it profitable and escalable
Open a Gite in France
1. Occupancy
How many nights was your gîte actually booked?
2. Average nightly rate
How much did you earn per booked night?
3. Revenue
Occupancy × nightly rate = your rental income.
4. Costs
What did it cost to operate the gîte?
Cleaning, utilities, maintenance, commissions, insurance, taxes, mortgage/financing, etc.
5. Profit
What was left after your costs?
System to run a Gite
A PMS (Property Management System) is software that helps you manage your gîte in one place.
It can help you manage bookings, calendars, payments, guest information, cleaning, invoices, and reports instead of using several spreadsheets or tools.
For a small gîte, a PMS can save time and reduce mistakes, especially when you receive bookings from different platforms such as Airbnb or Booking.com. It can also help you see your occupancy, revenue, and performance more clearly.
Where Is My Money Going?
One of the most common questions business owners ask is: "We had a good month, so why is there less money in the bank than I expected?"
The answer is usually found in your costs.
Every business has expenses that keep it running. Some are directly related to serving customers, such as food, cleaning, or supplies. Others are operating costs like payroll, rent, software, insurance, and marketing.
Looking at your costs isn't about spending less on everything. It's about understanding where your money is going and whether those expenses are helping your business grow.
When reviewing your monthly report, focus on three questions:
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Which costs increased this month?
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Which expenses are my largest?
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Are my costs growing faster than my sales?
Understanding Your Business Performance Report
Your Business Performance Report is divided into five simple sections, each answering an important question about your business.
Revenue
How much money came in?
This section shows the income generated from your products or services and where that income came from.
Costs
Where did the money go?
This section breaks down the expenses required to run your business, such as payroll, supplies, rent, utilities, and other operating costs.
Profit
Did the business make money?
Profit is what's left after all costs have been paid. It helps you understand whether your business is generating enough income to support growth.
Cash
How much money is available right now?
Cash shows the money currently available in your bank account and helps you understand whether you can comfortably cover upcoming expenses.
Occupancy / Activity
How busy was the business?
This section measures how much of your available capacity was used. For hotels, this is occupancy. For other businesses, it may be bookings, projects, customers, or sales activity.