Successful Successions: Planning Your Exit
When you first open your salon, selling it is the last thing on your mind. Instead, you spend years putting blood, sweat and tears into a business that’s uniquely your vision and passion. But eventually, the time will come when you’re ready to hand over the reigns and step away from ownership. […]
READ MORE »When A Walkout Becomes a Wakeup Call
A walkout can be a salon owner’s worst nightmare. Recouping lost clients and rebuilding the team takes time and money, and your business might not be able to weather that kind of financial crisis. But even if you’re able to sustain revenue, your salon is still in danger—those stylists left for a reason. […]
READ MORE »Van Council’s Four Keys of Culture
Van Council is often asked for the secrets to his success, and at Serious Business 2016, he took the stage and revealed his secret: a culture he has carefully defined.
READ MORE »Buying a Business: Converting Booth Renters to Team Members
Karie Bennett, owner of two Atelier Salon locations near San Jose, California, is no stranger to opening salons. She has built out new locations three times in her history as a salon owner, and is very familiar with all the bumps in the road […]
READ MORE »5 Tips for Profitability from Salon Today 200 Honorees
If you’ve been caught in a slump, and the past fiscal period was not the most profitable, don’t fear. With careful analysis, planning and execution, you can take the opportunity to make any month be the new beginning you need. We gathered some expert advice from the winners in the Planned Profitability category of the [...]
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