Business > Money Matters

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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  

Let Your Elected Officials Know How You Feel

December 1, 2008  | Article

Find out how the Professional Beauty Association is advocating for the beauty industry at all levels of government and sign up for their newsletter to stay informed.

Keywords: legislation   MMA   Professional Beauty Association   salon finances   taxes  

Your Salon Can Make a Difference This Holiday Season

December 1, 2008  | Article

’Tis the season for giving. Use your salon’s clout and expertise to give back to the community with these easy ideas.

Keywords: business tools   charity   marketing/promotions   professional image  

Tipping Done Right

November 1, 2008  | Article

First and foremost keep your tipping policy client-friendly and report the tips as income.

Keywords: business   taxes   tipping  

On My Mind: !#&*?

November 1, 2008  | Article

Is retail a dirty word?

Keywords: On My Mind   retail merchandising   retailing  

“Do You Take Credit Cards?”

November 1, 2008  | Article

One way of enhancing your clients’ overall experience is to increase their convenience by offering alternate forms of payment. Here are some things you need to know if you accept credit cards.

Keywords: business tools   customer service   keeping your business competitive  

Insurance — Do You Know What you Need?

November 1, 2008  | Article

Of the many decisions salon owners are faced with every day, one that is often overlooked or put off is the issue of insurance. Worker’s comp, disability, liability, life, and medical are just the beginning. You name it, it’s out there. So how does a salon remain protected while staying above the bottom line?

Keywords: business tools   consultants   finance   insurance  

The 7% Solution

October 1, 2008  | Article

When choosing professional products to use in your services, the product cost for each service should amount to approximately 7% of the service price.

Keywords: service pricing   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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