Business > Money Matters

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Compensate Employees for Extra Holiday Hours

December 1, 2003  | Article

How can salon owners take the sting out of all those extra hours employees are asked to work in the weeks preceding Christmas?

Keywords: compensation systems   holidays   seasonal services  

Compensate Employees for Extra Holiday Hours

December 1, 2003  | Article

Shari Finger, veteran salon owner, details different types of incentive programs to keep employees' spirits up during the holidays.

Keywords: compensation systems   employee issues   holidays   incentive structures   Shari Finger  

Is Your Pay Structure The Problem?

November 1, 2003  | Article

How a salon chooses to pay its staff can make all the difference in employee retention, quality of service, profitability, and your ability to compete. After payroll, salon owners are often left only with their own tip money and revenue from services they've performed. Should you abandon the traditional commission structure for a pay system that rewards behaviors that are key to the salon's overall success?

Keywords: business   keeping your business competitive   money   service pricing   staff management  

Sick of This? So Am I!

August 1, 2003  | Article

Keywords: As I See It   discount salons  

It's Getting Hot In Here

November 1, 2002  | Article

A rash of salon fires reminds salon owners just how much they stand to lose. Knowing the potential fire dangers that exist in your salon and taking steps to curb them, as well as determining what your business is worth and getting good insurance coverage will help prevent a fire in your salon and minimize its effects should the worst come to pass.

Keywords: business tools   chemical safety   insurance   owner issues   salon safety  

Cut Your Cost to Boost Your Profits

October 1, 2002  | Article

As competition and tough economic times keep service prices flat, salon owners and booth renters need to look elsewhere to increase profits. Learn ways to cut your overhead costs — without sacrificing customer service.

Keywords: keeping your business competitive   salon finances   taxes  

Web Poll Results: We’re Givers

September 1, 2002  | Article

 80% of people in the nail industry donate items or services to charities at least once a year.

Keywords: charity  

Keeping A Watchful Eye

August 1, 2002  | Article

Investing in a security system for your salon can deter theft, provide protection for staff members and lower your insurance premiums.

Keywords: employee issues   insurance   owner issues   shoplifting  

Reader to Reader: How Have You Advanced Your Career?

July 1, 2002  | Article

NAILS Magazine readers share their secrets to success. 

Keywords: career coaching   Reader to Reader  

Darling Starts Canadian Nail Alliance

June 1, 2002  | Article

As an instructor at the Ottawa Academy & West End Academy in Gloucester, Ontario, Tanis Darling has started the Nail Tech Alliance of Canada. One of its goals is to implement a standardized nail curriculum throughout the country.

Keywords: business   canada   Canadian nail industry   certification   student tests  

VITAL SIGNS: Essential Salon Statistics

June 1, 2002  | Article

Percentages, averages, and ratios may make your head spin, but they’re the fastest, easiest way to keep a finger on the pulse of your salon’s business health. Learn how to run the numbers as well as what they mean.

Keywords: salon finances  

On the Other Hand ... Are Things Looking Better or Worse?

June 1, 2002  | Article

Which is it? Is the industry up or on the decline?

Keywords: As I See It  

Just My Opinion: The State of our Economy

April 1, 2002  | Article

While so many people have been adversely affected by the current economic climate, there is a reason for those whose livelihoods resides within the beauty industry to breath a relatively small sigh of relief. How so?

Keywords: salon finances   Supply Source  

Go on the Record with Your Financial Records

April 1, 2002  | Article

Maintaining good financial records is not just about keeping the IRS happy. Having solid data enables you to measure how your business is performing and make adjustments when necessary.

Keywords: finance   record-keeping   salon finances   taxes  

Handing Over Your Business

April 1, 2002  | Article

For many nail techs, owning a salon is the next step in their careers. But for some, once they achieve this milestone they realize they’re not cut for ownership- for a variety of reasons. For other, it’s the realization that their dream wasn’t what it was cracked up to be

Keywords: how to sell your business   how to sell your salon   salon ownership   valuing your business  

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