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Profitability in the Chair: Exploring Industry Challenges Faced by Salon Owners
Episode 335 • 19th May 2023 • Salon Owners Collective • Larissa Macleman
00:00:00 00:38:38

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You want your Salon to be successful and profitable so that you, the Salon Owner, can truly live the life you have always wanted… To come and go as you please, to not work 60+ hours a week on the Salon floor, to spend more time with your family, to have a LIFE outside of your business… Profit = freedom… But the mistake I see so many owners making when it comes to profit is that they either:
  1. Bury their heads in the sand when it comes to making financial decisions so they delegate to their accountant. 
  2. Follow the same broken business model as their previous employment (you only know what you know!)
  3. Wing it and are confused about where the profit is…their team is growing, sales are up, but yet there is nothing to show for it…
This is an industry-wide mistake!  Heck, even I was there at some point in my Salon Ownership journey….you started your salon because of how much you love the craft, not because you are a mathematician!  But instead, I want Salon Owners to feel empowered by their numbers, and understand how to implement a successful financial business model so that they can survive…because without this, the numbers will destroy your business.  In this episode, I have Antony Whitaker joining me. Antony is no stranger to the Salon Owners Collective Podcast, founder of Grow My Salon, Antony is an educator and motivator, with a worldwide reputation based on more than 30 years of experience in the hairdressing industry Antony and I discuss 3 industry challenges that we see Salon Owners face when it comes to growing a profitable business, and how to transition from working 40+ hours a week to cutting back without losing any income…

Here are three reasons why you should listen to the full episode:

  1. Discover 3 industry challenges that we see Salon Owners face when it comes to growing a profitable business 
  2. Find out how to transition from working 40+ hours a week to cutting back without losing any income
  3. Uncover the reason why delegating everything to your accountant is not necessarily the answer to solving challenges around profitability in your business.

The Salon Profit Bootcamp:

Get Financially Fit in 4 Days! Save your spot for our ONLINE PROFIT BOOTCAMP for Salon Owners to grow their Salon into a profitable business without needing any help from their accountant. Just click here and I’ll send you all the details in messenger. 

Let's chat…

I'd like to chat with you a bit more about your business and how I may be able to help you. Just click here to jump over into messenger & chat!

Resources:

CLICK HERE to join the Profitable & Successful Salon Owners Facebook Group CLICK HERE to follow Antony on Instagram CLICK HERE to check out Antony’s Website CLICK HERE to listen to “The Richest Man in Babylon”  CLICK HERE to listen to “Think and Grow Rich” CLICK HERE to listen to “Rich Dad, Poor Dad” CLICK HERE to listen to “Profit First” CLICK HERE to listen to “Profit First: For Salons”

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