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 […]

Making Tax Digital For UK Salons: Helping You Prepare

New rules being introduced by the UK government, under the term ‘Making Tax Digital’, mean that UK-based businesses with a turnover exceeding £85,000 over a period of 12 months – […]

Making Tax Digital: Important Informations For Salons & Spas

If you haven’t heard about Making Tax Digital (or MTD) yet, then it’s time to take notice and get stuck in! More even if you’re VAT registered and over the […]

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 […]

11 Ways You Can Raise Money For Your Salon In The UK

Guest Article by Gloria Murray, Accountant and Director of Murray Associates Accountants It might seem like a really good decision to borrow money to fund your new business or expand your existing […]