March 3, 2016
According to NAILS’ Big Book 2015-2016, the ultimate goal of most nail techs is opening a salon. Whether you’re working to make your dreams come true or are looking to stretch your total weekly service income, knowing these finance terms can help you build a lucrative future.
Keywords: finance money-savings ideas salon finances smartphone apps
May 4, 2015
The Small Business Administration (SBA) has launched a first-of-its-kind tool on the federal agency’s website that allows entrepreneurs looking for a small business loan to get matched with an SBA lender.
January 29, 2015
Square — makers of the popular mobile credit card reader — recently launched a program called Square Capital that can help small businesses using Square get financing.
Keywords: credit cards finance
May 15, 2014
Before the ribbon cutting, before the first appointment is booked, and before the lights get turned on, you’ve got to find the financial muscle to make this dream come true.
Keywords: finance money
November 30, 2012
With banks more reluctant than ever to lend to small businesses, salons must often look elsewhere for financing. There are several options available should your business fall outside the scope of traditional bank financing.
Keywords: finance salon finances
March 15, 2011
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
January 13, 2011
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
October 1, 2010
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
October 1, 2010
“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
July 31, 2009
Earlier this year, The American Recovery and Reinvestment Act of 2009 (Recovery Act) was signed into law by President Obama. It has the potential to have a significant impact on small businesses (like salons) by providing tax incentives and financing opportunities that will help small business owners create jobs. The idea is to make it easier for small businesses to get loans.
Keywords: 2010 Project finance
July 1, 2009
In tough times, little things count, and small efforts to save a bit of money here and there can add up over time. 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: finance money
November 1, 2008
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
October 1, 2008
It’s easy to see the benefits of a partner in our personal and social lives — but are there benefits to a partner in business? An LLC might be a better way to structure your business.
Keywords: business tools finance opening a new salon staff management
August 1, 2008
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
December 1, 2006
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