Category: Finance

The Salon Finance Round-Up 2019

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When Is It Financially Viable To Step Out From Behind The Chair?

This question comes up all the time, but because it all depends on where you’re at with your business, no answer will ever fit all situations. If, though, you were […]

4 Salon Reports That Will Help Your Business Grow

As a business owner, it is vital to know about the inner details of your business. Salons can be complicated businesses to run. They are one of the only industries […]

7 Things To Put On Your Year-End Salon Financial Checklist

Often overlooked or done too hastily, reviewing your salon or spa’s goals, business reports and strategy is the best way to set yourself up for growth. Costs tend to rise, […]

Failing Salons: 5 Warning Signs & Fixes For Continued Success

It fascinates me when I see two seemingly identical businesses in such different financial positions. While one flourishes, the other flounders. Inevitably, a little probing into failing salons almost always reveals […]

The Importance & Benefits Of Having A Salon/Spa Business Plan

It’s one thing to dream about owning your own business, but converting those dreams into reality takes careful research and planning. Underestimate the costs of running a business, and there […]

Important Ways Your Salon Accountant Should Be Helping You

I’ve been hairdressing since 1998 and I’ve been a salon owner since 2001.  I set up Bravo Hairdressing with pretty much no knowledge of running a business, very little capital and […]

What Are Salon Cash Flow Projections & How Can They Help?

Salon cash flow predictions. They’re a bit like having a crystal ball: they help you to look into the future and predict if or when you could run out of […]

10 Tips To Raise Your Salon Prices Without Losing Clients

It’s no secret that the price of living has gone up and customers’ habits have changed over the last few decades. Yet, within the hair and beauty industry, there’s still a […]