having a hard time figuring out Step 1

i need help figuring out the break even analysis for the hair salon and fitness center which are both listed on the second page. i also need to figure out how many sales are needed per month and hour and the dollar value of sales necessary based on break even analysis

Objective: Identify which new business is more feasible of the two options below, based on break-even analysis and additional research. How to Complete This Assignment: Step 1: Complete a break-even analysis for BOTH options using this formula: Sale units to break-even = fixed costs / (sales price per unit - variable cost per unit) Determine how many sales units are needed per month and per hour. Determine what is the dollar value of sales necessary based on the break-even units. Type all of your math calculations and provide in the submission document. Step 2: Research the business models and industries involved. Step 3: Choose which business alternative is most feasible and prepare to explain why. Step 4: Write your submission including the following content. Content: 1. Explain which option is the better investment/more feasible and why. Consider the break-even analysis and research to support your position. 2. Identify additional costs that are missing from the information provided. 3. Using appropriate terminology from the textbook, develop a marketing plan for the business explaining the following: a. What are the four P's involved for this venture? b. What type of market research needs to be completed? c. What type of market segmentation would be appropriate? d. What type of pricing strategy would be appropriate? e. What type of promotion would be appropriate? 4. Conclude the assignment by summarizing which option is a better investment; hair salon, fitness center, or neither? Why? New Business Options: 1. HAIR SALON 2. FITNESS CENTER Operation Hair salon that services For men, women, and children 1000 square feet Seating area and 8 open booths. Small operation fitness center For ages 13 and up 5000 square feet Industry Similar to Supercuts Similar to Anytime Fitness Location Any strip mall in a suburb of Central Ohio. Hours 10 hours per day from 10am - 8pm, 7 days a week. 16 hours per day from 6am - 10pm, 7 days a week. Estimated Fixed Costs Yearly Building Lease: $70,000 Yearly Utilities Costs: $45,000 Yearly Marketing Expense: $14,000 Owner Salary/Year: $55,000 1st Franchise Investment: $60,000 2nd Year Franchisee Investment: $30,000 One Time Equipment Fee: $110,000 Yearly Utilities Budget: $12,000 Yearly Building Lease: $25,000 Owner Salary/Year: $55,000 Zero per customer Estimated Variable Costs Products used per Customer: $0.75 Commission to Stylist: 50% Estimated Revenue Average Sale per Customer. $25.00 Monthly Membership: $50.00