Business > Money Matters

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Booth Rental Made Easy

August 1, 2009  | Article

There is pretty much no such thing as an independent contractor in the beauty industry.

Keywords: booth rental   business   commissions   independent contractors   Ken Cassidy  

Alert Your Customers To Openings In Your Schedule

August 1, 2009  | Article

Fill empty slots in your next day's schedule by using broadcast e-mail or a telephone call-in line.

Keywords: client scheduling   time management   web marketing  

Survival Tips:Staying Afloat in a Sinking Economy

August 1, 2009  | Article

Nail salons are one of the more resilient businesses in stagnating economies, but the current downturn has reached everyone to some extent. Many salons are still thriving despite the slowdown — so what’s their secret? Seven techs share their experiences on how they’re beating the odds to stay afloat.

Keywords: business building   keeping your business competitive   marketing/promotions   recession  

Why Would I Need a Coach?

August 1, 2009  | Article

You’re a fearless entrepreneur with the skills to provide clients with excellent customer service. But if you haven’t hired a coach, you could be making a costly mistake.

Keywords: business tools   consultants   professional consultants  

Week 1: SBA 2009 Recovery Act: What's in the Stimulus Package for Nail Salons?

July 31, 2009  | Article

Earlier this year, The American Recovery and Reinvestment Act of 2009 (Recovery Act) was signed into law by President Obama. It has the potential to have a significant impact on small businesses (like salons) by providing tax incentives and financing opportunities that will help small business owners create jobs. The idea is to make it easier for small businesses to get loans.

Keywords: 2010 Project   finance  

On My Mind: What If You Hit the Jackpot?

July 1, 2009  | Article

If you had all the money in the world, would you quit your job?

Keywords: charity   nail tech assistants   On My Mind   preventing burnout  

10 Money Wasters (and how to stop the waste)

July 1, 2009  | Article

In tough times, little things count, and small efforts to save a bit of money here and there can add up over time. Every day there are opportunities to save, and it’s really easy to do once you identify where the waste is happening. From buying bulk sizes to shopping for furniture at a swap meet, these little things can make a difference in your budget.

Keywords: finance   money  

Mistakes, Mishaps, and Malpractice

July 1, 2009  | Article

With the combination of cuticle nippers, chemicals, and customers, there is always the risk of an accident — and a lawsuit. The best defense is to hope for the best, but prepare for the worst.

Keywords: customer service   insurance   salon safety  

Do You Know Your Stats?

June 1, 2009  | Article

When was the last time you took a good look at your numbers? Take this quiz designed to shed some light on the numbers that underlie your bottom line and why you should care about them.

Keywords: building your clientele   finding/retaining staff   retailing   salon finances  

Silicon and the Salon: A Match Made In Heaven

June 1, 2009  | Article

From client bookings to reports on product usage, find out what's going on inside the latest silicon chips for salons.

Keywords: client scheduling   computer systems   organization   salon finances   time saving devices  

Adding Up the Extras [How You Can Make More Money on a Standard Service]

May 1, 2009  | Article

Simple things like UV top coat, extended massages, and nail art, can be offered as extras to standard manicures and pedicures for a small charge, and the small increase in revenue can really add up over time.

Keywords: add-on services   money   service pricing  

Credit Cards No Longer Welcome

May 1, 2009  | Article

Credit card processing fees eat into profit.

Keywords: economy   money  

Pedicure Product Management

May 1, 2009  | Article

Product rationing is an important element to business, so how do you regulate how much product to use on clients? Here are a couple tips on increasing product value for your dollar.

Keywords: money   pedicures  

U.S. News: Hairstylist/Cosmetologist one of the Best Careers

January 15, 2009  | News

For the first time ever, U.S. News & World Report recently ranked “hairstylist/cosmetologist” as one of the “30 Best Careers for 2009.”

Bank Turn You Down for a Loan? Try On Deck Capital

December 1, 2008  | Article

On Deck Capital awards loans based upon business performance and cash flow, instead of relying solely on the personal credit history of the business owner.

Keywords: money   salon finances   sustainable business  

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Market Research

Market Research How big is the U.S. nail business? $7.3 billion. What's the average service price for a manicure? Dig into our decades' deep research archives.

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VietSALON

The U.S. Vietnamese salon industry represents more than half of all salons. VietSALON serves this market with a bi-monthly Vietnamese language print magazine and a community-oriented website.

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