Topic : finance

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Funding Your Salon

May 15, 2014  | Article

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   funding   money  

Know Your Options for Finding Financing

November 30, 2012  | Article

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  

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  

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  

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  

Week 1: SBA 2009 Recovery Act: What's in the Stimulus Package for Nail Salons?

July 31, 2009  | Article

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  

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  

European Touch Offers Leasing Options

March 4, 2009  | News

Updating your look has become easier and more affordable with leasing options from European Touch and Dakota Capital. Best of all, at the end of the term, the equipment is yours.

Keywords: European Touch   finance  

Insurance — Do You Know What you Need?

November 1, 2008  | Article

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  

Me and You — So Happy Together?

October 1, 2008  | Article

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  

Save Money by Remodeling Your Salon in 2008

August 1, 2008  | Article

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  

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  

Grow Through Good Management

December 1, 2002  | Article

By understanding and committing to the principles of good management, your business can succeed and even flourish. Are you doing all you can do when it comes to smart scheduling, customer relations, employee management, and analyzing the numbers behind your business decisions?

Keywords: business tools   computer systems   consultants   finance   keeping your business competitive  

You're Being Audited! One Salon Owner's Harrowing IRS Journey

June 1, 1997  | Article

If the IRS asked to examine your salon's Federal Tax returns, would you survive the audit? Read on for an account of a salon owner who thought she was doing everything "by the book."

Keywords: booth rental   business   finance   independent contractors   opening a new salon  
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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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