Breaking Through the Gas Ceiling
Gas prices exploded last year. Everyone — salon owners, booth renters, manufacturers, and distributors — has been affected differently by the surge. Some of the effects, like customers cutting corners, are expected; others, like taking more time for services, are not.
Crunching the Numbers
In a few states, continuing education is the law, and I believe that continuing education is the key to staying abreast of the trends. And, being on top of the trends translates into profits!
Do Your Prices Need a Makeover?
Many of you are concerned that when an increase is implemented, clients will leave, and in some instances, this may be true. But you must not forget future goals, and you must keep pace with increases in supply costs, education expenses, and other overhead cost expenses.
Salon Coach Offers Book-Building Basics
Coach advises nail tech that to serve her primary customers, she'll have to change her hours to accommodate them.
Crunching the Numbers
You can give yourself and your clients a new outlook by giving your salon or work area a makeover without breaking the bank.
Top Dollar Techs
They charge almost double the average price for a set of nails and their appointment books are so full they turn away clients. What is it that allows these techs to command such a high fee, and how can their advice impact your bottom line?
Contract Labor, Booth Renter, or Employee — What Are They Really?
If they were audited, a large percentage of the salon owners in the beauty industry today could not pass the tests determining their workers’ tax status imposed by the IRS or by their individual state, says our expert. As tax time approaches, know the facts. The financial fall-out from misclassifying your staff can be devastating.
How to Determine the Value of Your Business
OPI Computes With Kids
What do you do when you’ve got 70 essays to read, all written by children in need of a computer? If you’re OPI president and CEO George Schaeffer, you’ll make sure every child gets one.
Are You Sure You’re Insured?
As a salon owner, why wouldn’t you protect your business assets — including your employees? While insurance can be a less-than-thrilling topic, getting educated, getting quoted, and getting covered will pay off in the long run. Booth renters, the same holds true for you.
Buying the Goods
Where do you buy your products and supplies and why? We posed this question to salon owners, employees, and booth renters to get a feel for the buying habits of nail professionals.
Fill Price Depends on Frequency
Nail tech Holly Schippers came up with a pricing plan that helps clients take better care of their nails and allows her to charge the right price for the right service time.
Warning: Prevent Salon Accidents
A seemingly small safety hazard can turn into a big liability. By learning to recognize potential problems, you can prevent mishaps and create an accident-proof salon.
Limit One Carry-On
Some techs have horror stories about taking product onto airplanes. Others have great luck. But if you do your homework, you don't have to leave the safety of your tool kit to chance.
Time to Up the Ante
Is your salon ready to raise prices? Getting clients to accept a price increase gracefully depends largely on how it is presented to them.
You Do the Math
Depending on whom you ask, there are either somewhere around 350,000 nail techs in the United States or 31,000 or 160,450. Which is correct? It depends on who you ask.
As the Pendulum Swings
Booth renters gained a foothold more than two decades ago as salon owners sought to lower their overheads in the face of stiff competition. But today salon owners are finding that booth rental doesn’t allow adequate profitability and more are considering employee setups in their establishments. Is the pendulum swinging from self-employment to salon employment?