A Partner in Business and in Life
At Janet St. Paul Studio for Hair and Beauty, Director of Operations Natasha McMillen helps bring her wife Janet St. Paul's vision to life, elevating every system from education to operations.
by Stacey Soble
Kopsa Otte CPAs and Advisors
Kopsa Otte CPAs and Advisors specialize in the area of salons, spas and distributors for the last 20 years, working with hundreds of clients all over the United States. Our experts have been called the “financial and tax go-to professionals” for salons and spas.
by Staff
July 11, 20112 min to read
Kopsa Otte CPAs and Advisors
kopsaotte.com
| 402-362-6636 or 800-975-4829 | info@kopsaotte.com
Owners: Larry Kopsa, CPA; Candy Otte, CPA; and Stacey Stark, CPA
Kopsa Otte CPAs and Advisors specialize
in the area of salons, spas and distributors
for the last 20 years, working
with hundreds of clients all over the
United States. Our experts have been
called the "financial and tax go-to professionals"
for salons and spas.
Why we're different: We realized
working in niche markets allows us to become
"experts" and accordingly we can create
value for our clients. One unique part of our
engagement is that we give our clients what
we call "unlimited access." This means that
clients or anyone that they designate can
call us with questions and there aren't any
additional fees charged. Distance has never
been a problem-we actually spend more
time talking with our long-distance clients
than we do the clients in our backyard.
How we work: Our "Second Opinion"
is a way for us to show potential clients what
we can do for them. We put a lot of effort into
straightening out the accounting, so we can
compare numbers to industry averages and
benchmarks. In addition, we closely review their
tax returns to advise on form of business and
other tax strategies that may have been missed.
On many occasions we actually are able to file
amended tax returns to get refunds back.
Catch us at: Check Larry's
speaking engagements on our blog at
kopsaottesalon.blogspot.com.
Our advice: "Always run your business
to make it more valuable so that if you ever
sold, it would be worth more. If you follow
this philosophy, you will always be making
good business decisions."
2011 wisdom: "There are several
challenges in the salon industry: adequate
staffing, plummeting retail sales, impact
of booth rentals on commission salon;
high commission structures. Distributor
challenges include decreased retail sales and
distributor market segment consolidation.
Beauty school challenges include access
to funding, student enrollments, more
competition for students."
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