Topic : money management

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My Biggest Challenge Is…

November 1, 2006  | Article

A career in the nail industry has its fair share of rewards, but with it can come issues that challenge even the most die-hard professional. From finding it difficult to retail products to being allergic to chemicals in the salon, it seems almost every nail tech has some concerns regarding her occupation.

Keywords: allergic reactions   client communication   continuing education   cosmetology schools   customer service  

10 Ways to Save 10 Minutes

October 1, 2006  | Article

Heather Goodwin's tips include faster prep and encouraging clients to book standing appointments. 

Keywords: money management   time saving ideas  

How to Earn an Extra $10,000 Without Working Overtime

October 1, 2006  | Article

Wouldn’t an extra $10,000 a year make things so much easier? In the spirit of this HOW- TO issue, I’m going to tell you a few, mostly simple, ways to pad your wallet without doing time.

Keywords: building your clientele   client booking/scheduling   client relationships   money management   profitability  

Is Your Pay Structure The Problem?

November 1, 2003  | Article

How a salon chooses to pay its staff can make all the difference in employee retention, quality of service, profitability, and your ability to compete. After payroll, salon owners are often left only with their own tip money and revenue from services they've performed. Should you abandon the traditional commission structure for a pay system that rewards behaviors that are key to the salon's overall success?

Keywords: Business   keeping your business competitive   money management   recruiting/hiring/retaining staff   service pricing  

Profit at What Price?

April 1, 2003  | Article

Forget what your competitors are doing and what you think your clients will pay –the most important factor in pricing services is to ensure your salon is making, not losing, money.

Keywords: budgeting   money management   raising prices  

Tip of the Month: Save on the Cost of Towels

February 1, 1998  | Article

Blue shop towels can be cut up to make inexpensive, lint-free nail pads.

Keywords: money management   Tip of the Month  

Offer Clients Payment Options And Safeguard Your Sales

March 1, 1995  | Article

The information age makes it easier to verify that a client’s check and other forms of payment are good.

Keywords: credit cards   money management  

Plan Your Financial Fitness

September 1, 1993  | Article

In this first of a year-long series, NAILS, with the help of a certified financial planner, helps salon professionals over-haul their finances to meet their short-and long-term goals.

Keywords: budgeting   finances   money management  

Got the Uncle Sam Blues?

April 1, 1991  | Article

Better budgeting now will help you avoid the blues

Keywords: finances   money management   taxes  
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