Journey To Charging Your Worth
Are your wanting to become the stylist you have always wanted to be? Here’s our top tips for your journey to charging your worth.
Are your wanting to become the stylist you have always wanted to be? Here’s our top tips for your journey to charging your worth.
Opening your salon (or suite) is SO exciting – but as a business owner you often have to deal with things that aren’t as fun… like pricing.
Trust us, it doesn’t have to be difficult. We’ll share our best tip to make it easy!
In 2012 I became an Independent Artist, and frankly, I was overwhelmed with navigating Entrepreneurship. I quickly realized that I had a lot to learn in terms of business. As I looked within my community, I found few opportunities to network with other Independent Artists and craved the connection I left within my commission-based salon. As Entrepreneurs, we have so many obligations. By learning from one another, we can quickly scale and avoid pitfalls that come from trial and error! Thankfully, our industry is adapting, recognizing the shifts that have come. Slowly, we’ve seen communities pop up with true collaboration values.
If you don’t know your numbers you don’t know your business. It’s critical to know the financial state of your business. Now you may face some hard truths here. But knowing the inflows and outflows of your business, helps you to create a plan and identify where you can make improvements in your business i.e. paying off debt. Knowing your financial position also helps you to identify changes in your financial heath faster and mitigate them.
Discover the Key to Profitable Salon Business – Fixed and Variable Costs! Learn how these costs impact your profits and get insights into managing your expenses. Find out what falls under fixed and variable costs, and how they influence your pricing. Uncover the secrets to identifying your break-even point for a successful business. Click here to access more business tools and start optimizing your salon’s profitability today!