Blog
Why You Need A Booking System in Your Salon Business
Still lugging around your paper diary? Read on to see why it's time to make the switch...
Imposter Syndrome - What is it and how do we overcome it?
I posted a poll onto my Instagram stories recently, asking my followers if they suffer from imposter syndrome and this was the result:
I had so many messages from Bosses telling me that they feel like a fraud, are crippled by perfectionism and find themselves constantly comparing themselves and their work to other people online.
You can see in the story above what the characteristics are of imposter syndrome, do any of them resonate with you?
What Imposter Syndrome Looks Like:
Somethi…
Turnover, Profit & Cashflow
Understanding your salon numbers...
Like the saying goes, "Turnover is vanity, profit is sanity, cash flow is king"...
A lot of salon owners (and business owners in general), will talk in terms of turnover. Turnover is what I would call a 'vanity metric', meaning it's something that sounds good but doesn't really say a lot about a business! Cashflow is all about what's left in the business after your outgoings, making it the most important metric of all.
Let's take a look at a couple of example…
Setting and Smashing Salon Targets
Get your business head on and start making some serious money with your salon team
Before you even start thinking about setting targets for your team, it's really important that you know your numbers. How much are your overheads? How much are your products? Is your pricing structure right? Numbers are a HUGE part of any business, if you get these right - you can really start to work on your salon business and really grow it.
Okay so you know your numbers, now let's look at what exactly you w…
Everything You Need To Know About Opening Your First Salon
You've taken the leap... Now what?
Why you need to stop asking people to invite their friend list to like your page...
(Sorry not sorry)
Why you can stop panicking about IR35 (but there is something else you do need to clear up!)
IR35 scaremongering got your head spinning? Read on to separate the fact from fiction...
Don't Get Caught Out With Your Chair Renters...
HMRC are cracking down on employees 'disguised' as chair renters and are coming down hard on the salon owner. Read this blog so you don't get caught out!
With the rising costs of running a salon with employees as well as the added worries of covering wages, NI, VAT, stock as well as the thought of having your team off sick or on maternity, it's no wonder that more and more salons are moving to chair rental models.
It's so important that you get your setup correct, as HMRC are looking at our ind…