Business - Topic : money

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The Pricing Problem

March 1, 2010  | Article

Part art, part science, pricing your services is one of the most important and delicate tasks you’ll undertake in the salon. And no two salon owners approach it quite the same. We asked readers: How do you decide how much to charge for a particular service?

Keywords: add-on services   Business   economy   keeping your business competitive   money  

Need Cash?

December 1, 2009  | Article

Are you looking to make improvements to your salon, catch up on bills, or bring in inventory, but can’t get access to cash? Merchant Capital Source (MCS) provides working capital to salons that are either unable to obtain a traditional bank loan or have “maxed out” their available credit.

Keywords: money   salon finances  

How to Stretch a Buck in the Salon

October 1, 2009  | Article

Reneé Borowy of VIP Salon & Spa says renegotiating has been key to keeping costs under control.

Keywords: economy   money   recession   Renee Borowy  

How to Stretch a Buck in the Salon

September 1, 2009  | Article

Shari Finger, owner of Finger’s Nail Studio, suggests cutting payroll hours, inventory, supplies, and insurance costs  to make a dollar go farther.

Keywords: money   salon finances   Shari Finger   staff management  

How to Stretch a Buck in the Salon

August 1, 2009  | Article

Jennifer Perdue, owner of Details Nail Salon, offers tips on saving including having a "favorite recipe" party instead of taking the staff to a big, noisy restaurant.

Keywords: money   salon finances  

When Clients Say No to Their Nails

July 1, 2009  | Article

In this economy it has become more common for a client to request that her artificial nails be removed due to the cost of upkeep.  Jill Wright, owner of Jill Wright Spa for Nails, gives advice on how to put the client at ease.

Keywords: client relationships   economy   money   removing acrylics  

10 Money Wasters (and how to stop the waste)

July 1, 2009  | Article

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  

Adding Up the Extras [How You Can Make More Money on a Standard Service]

May 1, 2009  | Article

Simple things like UV top coat, extended massages, and nail art, can be offered as extras to standard manicures and pedicures for a small charge, and the small increase in revenue can really add up over time.

Keywords: add-on services   money   service pricing  

Credit Cards No Longer Welcome

May 1, 2009  | Article

Credit card processing fees eat into profit.

Keywords: economy   money  

Pedicure Product Management

May 1, 2009  | Article

Product rationing is an important element to business, so how do you regulate how much product to use on clients? Here are a couple tips on increasing product value for your dollar.

Keywords: money   pedicures  

Bank Turn You Down for a Loan? Try On Deck Capital

December 1, 2008  | Article

On Deck Capital awards loans based upon business performance and cash flow, instead of relying solely on the personal credit history of the business owner.

Keywords: money   salon finances   sustainable business  

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  

Take a tip from…NSI’s Risé Carter

March 1, 2008  | Article

NSI's Risé Carter offers some tips on saving money in the salon.

Keywords: keeping your business competitive   money   NSI   salon finances  

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 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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