Salon Management

The Money Puzzle

It’s a simple fact of business. For almost every decision you make in your business, there’s a money factor involved.

Money Matters: Coaching Your Way to Success

IN ONE-ON-ONE meetings with your team members you set goals, provide guidance and coach them to success, but who is coaching you?

Finding Financing: Alternatives to Traditional Bank Loans

OVER TIME, one of the biggest challenges facing small business owners, including salons, is the ability to borrow money, and that’s only gotten tougher in our current economy.

Taxing Times: Ways to Save on Your Return

As we worked on this story, Larry Kopsa was working hard on tax returns for this year’s April 17 filing date, but he took a quick break to give us some eye-opening tips for owners.

Risky Business: Looking Into Liability Insurance

YOU’VE RISKED A LOT to build your business, but what are you doing to protect all that sweat equity? One careless mishap and your salon of cards could come tumbling down.

Shelf Patrol: Inventory Management

HOW MUCH OF YOUR CASH is sitting on your shelves? How could you grow your business if you could free some of that investment, while still keeping your retail sales humming?

The Profitability Project: Brand Vs. Individual

In this first installment of The Profitability Project, business leaders Scott Missad and Frank Gambuzza illustrate the importance of clearly establishing a brand and using it to manage your salon.

The Profitability Project

In a one-on-one interview with Editor in Chief Stacey Soble, Missad and Gambuzza describe the new venture and how it can impact the future for all salon owners.

Strategies 2012

Strategies offers owners top-quality business education that works.

Kopsa Otte CPAs and Advisors 2012

Kopsa Otte CPAs and Advisors are trusted advisors in all aspects of salon business, including accounting, commission structures, benchmarks, budgeting, selling and buying a business and tax planning.

Tornado Relief Cut-A-Thon

Angus Mitchell and his Angus Mitchell Salon Beverly Hills staff recently held a special ‘Tornado Relief Cut-A-Thon’ to help the American Red Cross raise money for the victims of the Joplin, Missouri tornado disaster. Read the details

Team Strategies Rides for the MS Society

Team Strategies bikes 150 miles for Multiple Sclerosis. Read about their journey.

Industry Technology Experts Weigh In On Increasing Profitability

We tapped some the industry’s leading technology experts to ask: How does your technology help salons increase profitability?

What's Your Silver Lining?

As any small business owner will agree, the changes that our economy has been through in the past few years have been challenging at best. Tightening our entrepreneurial belts has been an unfortunate fact of business life in order to weather the downturn. Some say things are turning around and we're on our way back up. Did we learn anything from the experience? Was there a silver lining?

Mid-Year Beauty Trends to Help You Plan

As I was traveling to the International SalonSpa Business Network in Amelia Island, Florida, this week, I took a moment to identify seven mid-year trends that will continue to impact the beauty industry in the near future. As you begin your planning for the end of 2011 and into 2012, keep these top trends in mind:

One on One with Suze Orman

SUZE ORMAN, expert in all personal money matters, will be appearing onstage at International Salon and Spa Expo/ Midwest (ISSE/MW) on March 27, 2011 at the Donald E. Stephens Convention Center in Rosemont, Illinois. She recently took time from her hectic schedule to chat on the phone, but she gave away no hints about her ISSE/MW presentation. That’s because Orman shoots from the hip—no notes, no prompter, no canned message. She reads the audience and intuits what they need and if you’ve seen her on her CNN show, or on countless other venues, you know she delivers. All she’ll say is that she wants the audience at The Style of Money—Making it Work for You to leave “feeling and looking financially stunning.” But she did take a moment to field a few questions for SALON TODAY:

Salon gets financing from lending firm