financial management - Tagged Posts - Salon Today

How to Support Your Salon During COVID-19

DaySmart Software's Jeff Dickerson offers useful tips for business management during closure due to COVID-19.

Business Boost: How To Save Money On Your Team’s Tips

Every salon owner knows tips are a very big deal. Here's how to find ways to streamline tip payments, reduce fees incurred by tipping on credit cards, get tip money quickly, save time, and more.

Qnity's Tom Kuhn Explores the Confusion Behind the Payroll Protection Program

Small businesses flood banks with applications for Payroll Protection Program loans after Congress passes the CARES Act, but banks aren't equipped to process or fund the loans, leaving everyone in a state of CONFUSION. While you navigate these unprecedented waters, Qnity's Tom Kuhn offers some sound financial advice.

8 Tips for Navigating Your Small Business Finances

Qnity's Tom Kuhn offers tips for weathering the financial storm of COVID-19. His educational video includes 8 steps.

5 Budgeting-Related Activities that Lead to Profitability

By studying the 2 to 10 research, Qnity's Tom Kuhn determines the five budgeting-related activities the most profitable salons do, then shares his tips to get you started.

When Counting Bottles Fails

Keeping a tight rein on inventory is an important factor in achieving profitability for your salon business, but too many owners rely on archaic systems that too often fail. Find out how to save time and money by tracking inventory accurately and easily.

Why October is the Best Time to Invest in Spa Training

Spa training can raise employee skills, improve job stability and increase productivity, as well as decrease turnover. For spa owners, training is tax-deductible, which makes October the perfect time to invest in education.

Why You Need a Retirement Plan

Are you ready for retirement? Minerva's Jeff Grissler shows you the importance of planning ahead, even if you're just starting your beauty career.

ISBN Acts to Retain and Support Young Professionals Starting Careers in Beauty

With a kickoff art auction, the International SalonSpa Business Network launches a debt payback program designed to young beauty professionals overcome their educational debt.

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.