Red Flags in a Salon Lease Agreement: Check These Before You Sign
Quick Answer: The biggest red flags in a salon lease agreement are an unlimited rent increase clause, vague language about what the…
Hair Salon Pro Blog
Expert advice on pricing, marketing, and business growth for salon owners and stylists — by Scott Farmer.
Quick Answer: The biggest red flags in a salon lease agreement are an unlimited rent increase clause, vague language about what the…
TL;DR: Most salon owners spend 8-12% of revenue on product but only track it once a year (if that). A simple monthly…
TL;DR The average salon loses 40% to 60% of new hires within the first 18 months. The number one reason is not…
TL;DR A 4-day work week is not about working less. It is about restructuring your schedule so the days you work generate…
TL;DR Your salon lease is the single largest fixed cost in your business. A bad clause can lock you into losing $1,000…
$400,000 in annual revenue. Twenty years of sweat equity. A loyal clientele built one referral at a time. Sold for $22,000. I…
TL;DR On Monday, at 8 PM ET, I am teaching one free LIVE class on the Profit-First System that helped me go…
TL;DR Chair utilization rate is the percentage of your available working hours that are actually booked with paying clients. Formula: booked hours…
TL;DR The average salon visit generates $55 to $75 in service revenue. Add one $25 to $40 add-on per appointment and you…
TL;DR A salon business plan that works has 9 sections built around break-even analysis, monthly operating expenses, and a 12-month revenue forecast.…