One down, Three to go...

The time seems to fly by so quickly (they say it goes even faster as you get older – but I wouldn’t know – LOL). At any rate, the First Quarter of this year is done and over with!

How did you make out? Does it feel like an April Fool’s joke? Are you on track to reach your yearly goals? (There are only 3 quarters left in this year). Do you even know yet? Have you taken the time to go through your receipts? Do you have a daily or weekly tracking system to see how much your income was and what your expenses were? (If you already have the “Get More Clients, Make More Money, FAST! book or e-book, there’s a Tracking Form included in the back! If you don’t have the book, check it out at http://beautysuperstars.com/everystylist.aspx) Keeping track of my numbers is not one of my favorite things, but it can be very enlightening to actually know where you are. To see which services are most profitable; to see who are your ‘best clients, etc..

Sometimes life can just be one big blur, but we do need to take a little time to assess where we are and if our ladder is even leaning against the ‘right’ tree as we rush furiously up it, as fast as we can. I encourage you to take a little time to look at your business and make sure it’s taking you where you want to go.

If you’re not already, create a simple system to track your clients, how much they spend and on what. An ‘Envelope’ system is easy and inexpensive (and works whether you’re computerized or not). Create receipts for each client and keep an envelope to put them in, so even if you don’t record it daily, you’ll know where they all are at the end of the week. Label a separate envelope to keep up with what you spend in beauty supplies, equipment, assistants and any other business expense. (While you’re at it go ahead a label one for all 12 months.) It will make your (and your accountant’s) life much easier and allow you to see your business with greater accuracy. Let’s get this 2nd Quarter off to a great (and profitable and life enriching) start!



Miki Wright, Salon Business Coach
http://www.msplinks.com/MDFodHRwOi8vd3d3LkJlYXV0eVN1cGVyU3RhcnMuY29t
"When Beauty is your Business..."

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