salon finance - Tagged Posts

Making the Case for Financial Literacy

Before Qnity President Erin Kuhn takes the stage at Serious Business 2022, she discusses the need for financial literacy in the professional beauty industry and how owners can help their team members gain knowledge make better decisions about their careers.

How to Create Financial Stability, Even in Uncertain Times

Don’t wait until the next crisis to get prepared. Despite the sea of unknowns, start building financial success now with these three tips from Qnity’s Tom Kuhn.

How to Determine if Your Salon is Making Money

In this turbulent year when the flow of business is so abnormal, it can be challenging to tell if your salon is making money. Beauty 360's Allyson King walks you through the process of determining if you are staying above water and offers some suggestions for controlling your costs.

How Well Your Salon Weathers COVID-19 May Depend on Where It's Located

Best Accounting Software recently analyzed and ranked the level of support states offer small businesses. How likely your business is to survive the pandemic can be heavily influenced by where it is located.

Building Business Models Despite the Unknowns

Qnity's Tom Kuhn helps owners think through their reopening business model using the Five Functions Tool and a cash-flow management plan.

7 Money-Saving Tips to Conserve Cash During COVID-19

The key to a salon's survival during the COVID-19 crisis is dependent on its ability to conserve cash during the shutdown phase, then reopen as financially strong as possible. The Funding Circle's Samantha Novick helps you hang onto your cash with these seven helpful tips.

Strategies Helps Owners Manage Cash Flow with an Online Tool

During the COVID-19 crisis and salon shutdowns, Strategies helps owners manage their cash flow with a complimentary online management tool.

Answering the Most-Frequently Asked Questions about the Payroll Protection Program

Following a SALON TODAY/ISBN webinar on staying strong during the salon shutdown, Kopsa Otte's April McDaniel addresses some of the most frequently asked questions written in by listeners.

Restructuring Your Commercial Lease in Times of Crisis

Minerva's Jeff Grissler offers some solid advice about restructuring your commerical lease during the COVID-19 crisis, then visit our resource center to download his template to get you started.