Business > Money Matters

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When the Economy Slows, Smart Salons Adapt

June 1, 2007  | Article

While the thought of an economic slowdown — or other financial challenge — can be scary, it can also be the catalyst for change. Take heart and learn from the struggles and strategies of two business owners who came out on top.

Keywords: customer service   economy   money   natural disasters   taxes  

The Tipping Point

February 1, 2007  | Article

Tipping has always been a sticky subject in the beauty industry. With mixed messages on whom and how much to tip, consumer tipping behavior varies widely. To curb that variance, some spas instituting automatic gratuities and service charges.

Keywords: taxes   tips  

Meet Fifi, Your New Best Friend

February 1, 2007  | Article

Fifi is a character we conjured up to introduce a new reader customer service program. Her name is an acronym for “Find It Fast Information.” (Cute, right?)

DSA, IMSA Offer New Insurance Plan to Members

December 12, 2006  | News

The Day Spa Association (DCA) and the International Medical Spa Association (IMSA) announced that members of both organizations can now be covered by a single group policy.

Keywords: insurance  

Yes, You Can Retire!

December 1, 2006  | Article

Sixty-five: It’s the age you’ll be when you can finally take advantage of those senior-citizen discounts at the movies. (Woohoo!) And if you plan right, the discount matinee won’t be the only great thing about your golden years — you can also get the relaxing retirement you deserve.

Keywords: finance   retirement  

Crunching the Numbers - Our Financial Makeover Series

August 1, 2006  | Article

Keywords: adding new services   add-on services   OPI products   salon finances   Suzi Weiss-Fischmann  

When Bad Things Happen to Good People

August 1, 2006  | Article

No one wants to believe they will fall victim to an accident or illness that prevents them from earning an income for a long period of time, but statistics show it will happen to three in 10 of us. Disability insurance protects your most valuable asset — your ability to earn an income and provide for yourself and your family.

Keywords: California   disability insurance   employee issues   Hawaii   insurance  

Re-Energize Your Schedule

July 1, 2006  | Article

By analyzing her workload and employing smarter scheduling, nail tech Heather Goodwin managed to work fewer hours and still increase her income by $25,000 a year. Learn her strategies to maximize your schedule and create the career you want.

Keywords: business building   service pricing  

Are Discounts Manufacturers Offer at Trade Shows Worth the Price of Attending?

June 1, 2006  | Article

Do nail professionals find good deals or are they better off simply ordering what they need from their distributor or straight from the manufacturer? Three beauty industry professionals  tell us what they think.

Keywords: American International Industries   tradeshows   Zvi Ryzman  

Crunching the Numbers: Increase Your Pedicure Business

June 1, 2006  | Article

Take advantage of the fact that there is a significant increase in pedicures during  the summer months spruce up your pedicure services

Keywords: pedicure business   pedicures   Suzi Weiss-Fischmann  

A Dollar-and-Cents Case for a Nail Career

June 1, 2006  | Article

 I’d like to show that a nail care career offers an excellent option for career-oriented high-schoolers and those considering a career switch. The dollar figures make a compelling case for a nail care career.

Keywords: alternative careers   cosmetology schools   finding a job   job choices   salary survey  

Insuring Your Salon's Future

June 1, 2006  | Article

Nobody likes to think of worst-case scenarios — like coming face to face with a lawsuit. But in the real world, things do go wrong, and nail salons are at risk of being named in a customer’s lawsuit. Unless you can afford to lose your salon and all that you’ve worked hard for, you can’t afford to be without professional liability insurance.

Keywords: business tools   insurance   salon furnishings  

Keep the Momentum Flowing

April 1, 2006  | Article

You love being a nail tech and are happy with your career choice, but how do you keep the momentum building and avoid the proverbial rut? Knowing what motivates you, creating a positive work environment, and communicating with team member are just a few ways to ensure you don’t hit too many bumps along the way.

Keywords: business   finding a job   work life balance  

Where Have All the Profits Gone?

March 1, 2006  | Article

As a salon owner or manager you may struggle with one question daily: Where does all the money go? You generate plenty of income in services and retail sales, yet there is little left to show for it at the end of the month. To regain control of your profitability, learn about the six profit points that make or break a salon.

Keywords: business   marketing/promotions   service pricing  

Breaking Through the Gas Ceiling

February 1, 2006  | Article

Gas prices exploded last year. Everyone — salon owners, booth renters, manufacturers, and distributors — has been affected differently by the surge. Some of the effects, like customers cutting corners, are expected; others, like taking more time for services, are not.

Keywords: economy  

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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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