Profit First For Salons

Transform Your Cash-Eating Salon Into a Money-Making, Freedom Machine As a salon owner, you're the ultimate creative entrepreneur - filled with passion and dedication to uplift the lives of others. You're surrounded by gifted stylists, there's plenty of traffic through the door, and your salon brings in great money. But, you're still stuck working long hours, spending time away from those you love, and feeling trapped behind the chair. With burnout slowing becoming your new reality - what can you do to create the freedom you deserve? Ronit Enos has been there and in Profit First for Salons, she walks you through exactly what she did to take control of her business - and her life - in this must-read book for salon, spa, and barbershop owners. Enos teaches you the proven Profit First formula so you can master it to build profits, destroy debt, eliminate the work-overwork cycle, and become financially sound - no matter where you're starting from. This book is rich with real-world examples of salon, spa, and barbershop owners who are using Profit First to thrive, reach new heights, and create incredible freedom for themselves and their rockstar teams. It's time to fall in love with your business again and have it fuel your passions, your dreams, and your future! And, Profit First for Salons is your roadmap to get there!

Transform Your Cash-Eating Salon Into a Money-Making, Freedom Machine As a salon owner, you're the ultimate creative entrepreneur - filled with passion and dedication to uplift the lives of others. You're surrounded by gifted stylists, there's plenty of traffic through the door, and your salon brings in great money. But, you're still stuck working long hours, spending time away from those you love, and feeling trapped behind the chair. With burnout slowing becoming your new reality - what can you do to create the freedom you deserve? Ronit Enos has been there and in Profit First for Salons, she walks you through exactly what she did to take control of her business - and her life - in this must-read book for salon, spa, and barbershop owners. Enos teaches you the proven Profit First formula so you can master it to build profits, destroy debt, eliminate the work-overwork cycle, and become financially sound - no matter where you're starting from. This book is rich with real-world examples of salon, spa, and barbershop owners who are using Profit First to thrive, reach new heights, and create incredible freedom for themselves and their rockstar teams. It's time to fall in love with your business again and have it fuel your passions, your dreams, and your future! Profit First for Salons is your roadmap to get there!

Author of cult classics The Pumpkin Plan and The Toilet Paper Entrepreneur offers a simple, counterintuitive cash management solution that will help small businesses break out of the doom spiral and achieve instant profitability. Conventional accounting uses the logical (albeit, flawed) formula: Sales - Expenses = Profit. The problem is, businesses are run by humans, and humans aren't always logical. Serial entrepreneur Mike Michalowicz has developed a behavioral approach to accounting to flip the formula: Sales - Profit = Expenses. Just as the most effective weight loss strategy is to limit portions by using smaller plates, Michalowicz shows that by taking profit first and apportioning only what remains for expenses, entrepreneurs will transform their businesses from cash-eating monsters to profitable cash cows. Using Michalowicz's Profit First system, readers will learn that: · Following 4 simple principles can simplify accounting and make it easier to manage a profitable business by looking at bank account balances. · A small, profitable business can be worth much more than a large business surviving on its top line. · Businesses that attain early and sustained profitability have a better shot at achieving long-term growth. With dozens of case studies, practical, step-by-step advice, and his signature sense of humor, Michalowicz has the game-changing roadmap for any entrepreneur to make money they always dreamed of.

It's time to level the playing field! You are accustomed to being the first-the first to go to college, the first to start a business. You often enter rooms where no one else looks like you. You're a trailblazer on a mission to create a new legacy for your family. And yet, despite your success, you still work too hard for too little cash. In Profit First for Minority Business Enterprises, Susanne Mariga, CPA, shows you how to implement the proven Profit First cash management system that has lifted thousands of entrepreneurs out of the struggle and into success. This book is designed to give you the mentorship you need to scale smart into an independent, seven-figure, minority business enterprise. In this book, you'll learn: How to apply Profit First to improve cash flow, reduce debt, and grow profit Strategies for revenue generation, target pricing, and margin maximization Expense prioritization techniques Power alignment and team building tools Secrets of-and common illusions about-successful government contracting Tax strategies designed to build generational wealth while maximizing business profitability How to make an impact in your industry when no one else looks like you We have committed a percentage of the proceeds from this book to send girls to school in Zimbabwe. So, when you purchase Profit First for Minority Business Enterprises, you contribute to an education that will alter the life of a Zimbabwean girl. By allowing young women to receive an education, not only do you alter their future, but you pivot the future of their offspring for generations to come. Thank you for being part of our mission of changing legacies.

There are four critical areas that today's ecommerce sellers struggle with in growing their businesses - managing inventory relying on debt; understanding their financial data; and maintaining focus. Cyndi Thomason has taken the core concepts of the Profit First methodology created by Mike Michalowicz and customized them to ecommerce.

Each year Americans start one million new businesses, nearly 80 percent of which fail within the first five years. Under such pressure to stay alive—let alone grow—it’s easy for entrepreneurs to get caught up in a never-ending cycle of “sell it—do it, sell it—do it” that leaves them exhausted, frustrated, and unable to get ahead no matter how hard they try. This is the exact situation Mike Michalowicz found himself in when he was trying to grow his first company. Although it was making steady money, there was never very much left over and he was chasing customers left and right, putting in twenty-eight-hour days, eight days a week. The punishing grind never let up. His company was alive but stunted, and he was barely breathing. That’s when he discovered an unlikely source of inspiration—pumpkin farmers. After reading an article about a local farmer who had dedicated his life to growing giant pump­kins, Michalowicz realized the same process could apply to growing a business. He tested the Pumpkin Plan on his own company and transformed it into a remarkable, multimillion-dollar industry leader. First he did it for himself. Then for others. And now you. So what is the Pumpkin Plan? Plant the right seeds: Don’t waste time doing a bunch of different things just to please your customers. Instead, identify the thing you do better than anyone else and focus all of your attention, money, and time on figuring out how to grow your company doing it. Weed out the losers: In a pumpkin patch small, rotten pumpkins stunt the growth of the robust, healthy ones. The same is true of customers. Figure out which customers add the most value and provide the best opportunities for sustained growth. Then ditch the worst of the worst. Nurture the winners: Once you figure out who your best customers are, blow their minds with care. Discover their unfulfilled needs, innovate to make their wishes come true, and overdeliver on every single promise. Full of stories of other successful entrepreneurs, The Pumpkin Plan guides you through unconven­tional strategies to help you build a truly profitable blue-ribbon company that is the best in its field.

Avoid the mistakes that doom so many salon owners to failure. Set your business up for success by following a strategic planning system that guides you from concept to opening day while giving you a thorough education in all aspects of the business of beauty.

"After reading just one chapter, I've gone straight into the salon and made some tweaks. This book has really helped me to refocus and reinforced the benefits of a positive mindset." Karine Jackson, London Hairdresser of the Year 2007, President of the Fellowship for British Hairdressing 2017-2019"I, personally, am a big believer in the idea that you can hold yourself back by your own narrative. Caroline explores this concept extensively with some great ideas on how you can challenge and change that." Jack Howard, award-winning Global Colour Educator and Podcast HostWritten for salon owners struggling to find a way to step off the salon floor and put more energy into growing and building a profitable business, The Salon Jedi contains the industry secrets and success strategies usually reserved exclusively for award-winning salon owner and author, Caroline Sanderson's elite training academy. Now, for the first time ever, Caroline is making that information available to all who need it. Providing practical and actionable steps to help you achieve the same results that Caroline and so many of her students have, this book teaches:MINDSET and why this is the foundation of any strong businessMARKETING and how to use it effectively to grow your businessMANAGEMENT, including how recruit and train an effective team AND increase salesMAINTENANCE, which is essential if you want to experience lasting success. Endorsed by some of the biggest names in business, Caroline Sanderson has created a multi-award winning salon and international training academy for salon owners by following what she shares. Her personal story and success demonstrate what is possible. She holds nothing back, even disclosing her own figures and her personal story from single motherhood and struggling to 7-figure business success, so you can see the exact path she followed and create your own fulfilling future. Believe in what you're capable of and take the first steps towards building a more successful salon business.