You run a nail salon. Fixed monthly cost is $5,836.00 for rent and utilities, $6,043.00 is spent in salaries and $1,673.00 in insurance. Also every customer requires approximately $3.00 in supplies. You charge $121.00 on average for each service.

You are considering moving the salon to an upscale neighborhood where the rent and utilities will increase to $11,660.00, salaries to $6,614.00 and insurance to $2,332.00 per month. Cost of supplies will increase to $7.00 per service. However you can now charge $147.00 per service. At what point will you be indifferent between your current location and the new loaction?

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