February 21, 2013
| Article
“I wasn’t happy in the salon I worked in so every day I put $20 away and my step-sister Andrea Conde — a cosmetologist — also started to put $20 a day away,” says Christina Litster. “
Keywords: opening a new salon opening your own salon salon finances
January 28, 2013
| Article
We often hear stories from techs who credit their spouse for carrying the financial burden while they built their nail business. But what if that’s not an option?
Keywords: becoming a nail tech personal finance salon finances
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 lenders salon finances
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 your own salon
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
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
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
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
June 1, 2009
| Article
When was the last time you took a good look at your numbers? Take this quiz designed to shed some light on the numbers that underlie your bottom line and why you should care about them.
Keywords: building your clientele finding/retaining staff retailing salon finances
June 1, 2009
| Article
From client bookings to reports on product usage, find out what's going on inside the latest silicon chips for salons.
Keywords: client scheduling computer systems organization salon finances time saving devices
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
December 1, 2008
| Article
Find out how the Professional Beauty Association is advocating for the beauty industry at all levels of government and sign up for their newsletter to stay informed.
Keywords: legislation MMA Professional Beauty Association salon finances taxes
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
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
February 1, 2006
| Article
If you are paying your salon employees a commission of more than 50%, chances are you are losing money. Learn how to modify your commission structure to motivate employees and ensure a profitable business.
Keywords: commissions employee issues independent contractors salon finances
