finances

Set Goals, See Growth

Setting goals and seeing them through is a challenge for most people. In fact, a whole industry of life coaches and business gurus make a living off teaching people how to set goals and take the actions to reach them.

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How to Create Financial Security and Consistency in a Salon

“Study what you have and project your future business based on last year’s data…when you know your slow times, there will be no slow times!”

Feeling Tired and Uninspired at the Salon? Here's How You Can Thrive

Thrive is a call-to-action response to overwhelming evidence of salon professional’s lack of self-care and wellness. Thrive is a response to higher rates of cancers, depression, dermatitis, carpal tunnel, muscle pain and misalignment among salon professionals.

Are You Losing Money On Your Toning, Retouch Or Highlight Services?

The more you know, the more you save and the more money you make. That’s true of everything in your business. When you’re informed, you can make informed decisions. Knowing your numbers when it comes to hair color usage is particularly helpful because it’s so easy to over-use product and undercharge for services. Here’s how three salons, with the help of Vish software , http://www.getvish.com/demo/salontoday were able to analyze the data available at their fingertips to determine which services were losing money and which were producing healthy profits.

How To Charge For Corrective Color

Your menu covers the basics—single process, double process, highlights, balayage. But what happens when that inky-haired box color client shows up in shock, begging you to restore her to her natural shade? How much should that cost? There are many ways to charge for corrective color, but a recent poll of ModernSalon.com pros reveals four key approaches.

If You Had to Do it All Over Again: Advice from a Retiring Hairdresser on How to Build a Fulfilling Career

You may be surprised to hear some of the things he feels he got right...and some that he wishes he had done differently.

3 Ways To Price Your Balayage

Most colorists know balayage requires a unique combination of artistry and skill. As demand for balayage continues to surge there’s the question of what to charge. Most pros approach balayage pricing in one of three ways—as a standalone service, at an hourly rate or as part of a package price.

Tips and Strategies for Salon Success from a $10K a Month Stylist

As a stylist for 13 years, Kate Sparks reflects back on the choices she made that led to future success.

5 Ways to Boost Profitablity During the Holidays

The holiday season is prime time for salon traffic—so be ready! We asked a panel of industry experts their advice on how to boost profitability during the holidays.

Financial Planning: Making the Most of Your Money

Learn how to make the most of your hard-earned dollars from a financial adviser. Her three-step plan requires you to commit to saving, make it a habit and allocate wisely.

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