Business > Money Matters

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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  

Schwarzenegger Hits Up Salon Industry for a Loan

October 1, 2008  | News

California's governor considers borrowing state's salon inspection funds to cover budget shortfall.

Keywords: legislation   salon inspections  

CinaPro Nail Creations, Part 4 of 4 (Spanish)

September 17, 2008  | Video

How to double your income with CinaPro Nail Art, with Elaine Watson, world renowned nail artist.

Keywords: Cina   Nail Art  

On My Mind: A Little Something Extra

September 1, 2008  | Article

Consider branching outside the realm of nails to boost your bottom line.

Keywords: adding new services   add-on services   eyelash   reflexology   teeth whitening  

More Work, More Money?

September 1, 2008  | Article

The economy being what it is, it’s happening more and more. Clients are pushing their two-week fill appointments to three and even four weeks. Usually that means more work for the tech and longer appointment times. We asked NAILS readers: Do you charge more for a fill if it’s been longer than two weeks since the client’s last appointment? 

Keywords: fills   reader surveys   recession   service pricing  

Money, Money, Money

September 1, 2008  | Article

A "Money Manicure" using replicas of $100 bills on each nail makes a client feel like at least a thousand bucks.

Keywords: money   Nail Art  

Weather Any Financial Storm With Planning

August 1, 2008  | Article

Those feeling the pinch of these uncertain economic times may take issue with the old adage that the beauty industry is recession-proof. Being recession-proof, says Strategies’ Neil Ducoff, has nothing to do with the industry and everything to do with business planning. Here are his strategies to recession-proof your business.

Keywords: economy   money   recession   salon finances  

Would You Like to Book Your Next Appointment?

August 1, 2008  | Article

A salon owner discovers that getting clients to pre-book is an educational process for both the tech and the client.

Save Money by Remodeling Your Salon in 2008

August 1, 2008  | Article

If you were thinking about remodeling the salon, this might be the time to fasttrack your plans. Earlier this year, Congress approved the Economic Stimulus Act in the hopes of aiding a sputtering economy. In addition to the individual tax rebates, the Economic Stimulus Act contains a provision that offers businesses increased tax deductions on purchases they make before the end of the year.

Keywords: business   finance   recession   remodeling   taxes  

Coupons That Make the Cut

May 1, 2008  | Article

Direct mail company Money Mailer offers tips that make sure your coupon gets noticed.

Keywords: advertising/promotions   coupons   promoting your services  

Strategies for Weathering the Economic Storm

May 1, 2008  | Article

Neil Ducoff, CEO of Strategies, gives a little economic advice.

Keywords: business building   business tools   economy   keeping your business competitive   service pricing  

Is the Nail Industry Really Recession-Proof?

May 1, 2008  | Article

Whether we’re in a true recession is up to who’s doing the reporting, but what are the indicators in the salon?

Keywords: economy   On My Mind   recession  

On the Road: Sun/Spa/Tan/Body, Evans, Ga.

March 1, 2008  | Article

Sree Roy visits an Evans, Ga. spa.

Keywords: full-service salons   On the Road   retail merchandising   salon profiles   theme salons  

Cuccio Helps Rev Up Your Revenue

February 1, 2008  | Article

Five marketing tips to push your salon to achieve extraordinary results.

Keywords: commissions   Cuccio Naturale   gift certificates   incentive structures   retailing  

Let’s Swap

February 1, 2008  | Article

Before there were dollars and cents— in fact before there was any kind of currency — there was barter. You give me this and I’ll give you that. From other professional service providers (dentists, electricians, yoga teachers) to weekend getaways, nail techs are still using this practice today.

Keywords: bartering   business   money   service pricing  

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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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