Advice for the independent beauty professional on what you can reasonably deduct and what you generally cannot. As always, seek the advice of your own tax preparation professional for your personal tax needs.
You wouldn't start a hair service without a consultation, right? Well, asking the right questions of a financial planner will help you get on the same page with them so you can get your money working for you!
Another beauty or grooming business, a coffee shop, a fashion boutique--are you dreaming of expanding your entrepreneurship beyond the salon? Find out what signs you can look for to show that you're ready for your next business venture.
Heath Smith, co-founder of Ruiz Salons in Austin, Texas, has experienced his fair share of salon change since going into business with Allen Ruiz in 1988. In the process, he's discovered a solid system for managing it.
Gratuities cause hassles for owners. You have to pay taxes and credit card processing fees on tips and you have to distribute them to the team. Strategies' Neil Ducoff shows you what a no-tipping salon looks like, and what you need to do to get there.
To help beauty professionals become more informed about money management so they make better financial decisions, Ulta Beauty Senior Director, Education and Creative, Anna Manukyan is sharing the wealth--of her own knowledge.
Kim Kimble, known for her on-set styling skills, TV personality and star-studded clientele, has partnered with American Express to help salon owners recover and rebuild from pandemic-related challenges.
A salon owner has a lot on their plate that employees know nothing about. It's important that the owner is not so busy working IN their business, that they can't work ON their business. Here's how one owner started to free herself up.