Business > Money Matters

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Use Your Phone to Swipe Clients’ Cards

March 17, 2011  | Article

Plug a little plastic cube into the audio jack of your phone and you can use it to accept credit cards. Square (www.squareup.com) is a smartphone app that enables anyone to accept payment cards.

Keywords: business   business tools   money   smartphone apps   smartphones  

Financing the Dream

March 15, 2011  | Article

For some nail techs, the dedication in their nail services is fueled by the dream of one day opening a salon of their own. But it can take more than just perseverance and savings to get started. Procuring financing in today’s economy can test the wits of even the most business- savvy techs.

Keywords: booth rental   business building   business tools   finance   opening a new salon  

Give Yourself a Raise

February 28, 2011  | Article

When an increase in service pricing is based upon pre-designated standards, techs can make the move with confidence instead of concern — regardless of the economy.

Keywords: income   service pricing  

Hire a Virtual Bookkeeper

January 25, 2011  | Article

A provider of web-based bookkeeping and accounting services, Bookkeeping Infusion has designed a system for salons and spas that is scalable to meet the needs of any size business.

Money: Here Today, Still Here Tomorrow

January 13, 2011  | Article

A financial advisor teaches you how to make the most of your hard-earned dollars. Her three-step plan requires you to commit to saving, make it a habit, and allocate wisely.

Keywords: career handbook   finance   money   newbie   retirement  

Her Services Are Payable in Advance

January 1, 2011  | Article

How much would it be worth to you to have clients pay up to two months in advance? Kim Hanzlik, owner of Nails, Hands, Feet and Toes in Winnemucca, Nev., offers clients the option of paying in advance and discounts their service by $5 as an incentive.

Keywords: money   service pricing  

Year-End Tax Planning: When to Spend

December 1, 2010  | Article

You can put more money in your pocket by doing effective tax planning. Before the year ends, take some time to consider the steps you can take to reduce your tax bill.

Keywords: taxes  

To the Last Drop

November 22, 2010  | Photo Gallery

NAILS collected estimates from 11 professional nail companies of typical usage for common-sized containers.

Keywords: product costs  

10 Money Wasters (and how to stop the waste)

November 22, 2010  | Photo Gallery

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: economy   money  

On My Mind: The Recession Is Over, Sort Of

November 1, 2010  | Article

A sign that lifts my spirits is that as I write this, the September issues of all of the consumer fashion magazines just came out and they are bigger than I’ve seen them in the last few years.

Keywords: business building   consumer advertising   economy   Hannah Lee   recession  

Credit Card Program Makes Saving Seamless

October 1, 2010  | Article

We know we should be saving for retirement — or taxes, or that vacation — but often we can’t seem to find a way. A free service called Auto-Save from Integrity Payment Systems automatically deducts a pre-determined amount each time a client pays with a credit card and deposits the amounts into an interest-bearing, no-minimum savings account.

Keywords: business   finance   keeping your business competitive   money   taxes  

How About Giving Your Time Value?

October 1, 2010  | Article

“Why give away your time for free when you can be charging for it?” asks Elaine Watson, Star Nails’ global education director and vice president of marketing and sales.

Keywords: business   finance   money   service pricing   soak-off gels  

Get, Give, Help Through PBA | NCA Disaster Relief Fund

September 1, 2010  | Article

Salon professionals who have been affected by the recent flooding in Tennessee or tornados in Mississippi can apply for assistance from the PBA | NCA Disaster Relief Fund by filling out the Application for Aid available at www.ncacares.org in the Resources section.

Keywords: charity  

Pre-Selling Makes Loyal Clients

July 1, 2010  | Article

Clients who come back to redeem their pre-sold service usually purchase something else as well.

Keywords: building your clientele   client retention   loyalty programs   marketing/promotions   retailing  

Watch Out for Licensing Scams

May 1, 2010  | Article

Scams in at least two states make it clear that nail and cosmetology licensees should be on the alert to avoid being defrauded.

Keywords: California state regulations   licensing   state licensing  

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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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