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SEARCHKopsa 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.
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."
All beauty professionals should know how to identify when a client may need some health guidance. Tracy Rado discusses some common questions that clients ask in the chair, how to advise them, and when to refer them to a specialist.
In his latest blog, Leon Alexander Ph.D., challenges industry conventional thinking to help owners add more to their bottom lines.
In her latest blog, Amy Pal helps you develop your own clear guidelines around complimentary free employee services.
From managing air traffic on busy days to handling frustrated guests' complaints, your front desk team often serves as the salon's emotional shock absorber. From a customer service lesson from the DMV to a list of strategies for caring for your front line, our experts offer ideas for alleviating stress, celebrating wins, and setting goals.
According to the KIM Report, top-line salon revenue appears steady or slightly up, but that growth is driven primarily by service price increases. Beneath the surface, retail performance and client visit frequency (appointment drift) are under real pressure. In his latest blog, Alain Audet offers strategies for keeping your salon's retail sales strong.
Putting your family to work in the salon offers some real tax benefits, but you have you have to play by the rules of the tax code to claim them. Azarvand Tax Law's Leticia Skrabut, Esq., shows you how.
Discover how to create a true “WOW experience” for every client by first building a culture where your team feels engaged, empowered, and inspired. Drawing on Calvin Stovall’s Iconic Framework, this blog explores how salon, spa, and clinic leaders can strengthen culture, elevate customer experience, and build a business that stands out for the long term.
Sponsored by Phorest Salon Software
The wellness industry is growing fast, and salons and barbershops already are an important part of it. In her first blog, Tracy Rado shares where the wellness dollars are heading, and how salons can grow with this movement.
While salon sales are increasing, owners often feel they're working harder for the same or less profit. Leverage Q2 data from The KIM Report, Alain Audet reveals some of the structural changes that are dampening your growth and why your region and your salon size matters.
Weaknesses in your business are amplified during the Holiday Season. Spark Pro Global's Lucy Randall shows you five things to do now to have the strongest holiday season yet.
In Kati Whitledge's latest blog, she shares how salons have moved away from dress codes and embraced appearance standards. But by removing strict dress codes, some businesses may have unintentionally lowered their appearance standards. Whitledge helps you explain to your team why an appearance standard is important and how to smoothly implement a new appearance policy.
The Small Business Health Care Tax Credit is a non-refundable tax credit for for-profit businesses that provides a financial incentive for eligible employers who offer health insurance coverage to their employees. Leticia Skrabut, Esq., walks you through how to claim that credit.
Developing strong work habits early in one's career supports long-term success in the salon industry. Jesse Linares offers new stylists his top five tips.
Most salon owners have no idea what these numbers are. You can hit record sales and still have a profit problem. The difference comes down to four numbers almost nobody was taught to track.
Sponsored by Strata Salon Systems™
A five-area audit every owner-dependent salon needs to run. You built something that looks successful. Now find out if it can survive without you.
Sponsored by Strata Salon Systems™
Every month you put off fixing the problem, it gets bigger, more expensive, and harder to solve.
Sponsored by Strata Salon Systems™
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.
