Use a software to keep track of your daily purchases
Ways to Save $
Eco Saver Materials
Be Ready for Slow Seasons!
Don’t forget to take into consideration the pricing of hiring workers
Have permits and licenses to open your salon.
Questions to ask yourself
What’s your busiest day of the week?
What are your best selling products?
Who are your highest-performing employees?
Determining Your Prices
Estimate how many services you will have in a week
Determine how much you will have to charge in order to make a profit
(-) Total Expenses
= Net Profit
Calculations to take into account when managing expenses
Business Startup Cost Calculator click here
Determine Your Competitive Analysis
What types of customers do they serve?
What services do they offer?
What products do they offer?
What is their pricing (premium, low, etc.)?
What are they good at?
What are their weaknesses?
What is a Financial Planner
Financial Planners are licensed to give investment advice and develop comprehensive financial and wealth management plans
How Can a Financial Planner be a Resource
consulting with clients to analyze their goals, risk tolerance, life stages, and investment strategies
The most important investment you can make is in yourself!🌸
Learn More about Entrepreneurial Planning click here