Decision-Ready Financial Reporting for Your Salon

Decision-Ready Financial Reporting for Your Salon

Decision-Ready Financial Reporting for Your Salon or Spa

Financial reporting is a crucial element for any business as it helps in making decisions. Reports such as Profit and Loss, Balance Sheet, and Cash Flow Statements are helpful with the growth analysis of small businesses, but they are typically prepared monthly.  So let’s look into how this helps with making intelligent business decisions this month?

When your virtual bookkeeper sends your business customized, decision-ready, financial reports for your Salon & Spa at your fingertips it can help your business become more profitable.  Here are five areas where STAC Bizness Solutions can assist with your business growth:

1. Providing Gross Margin Analysis

Gross margin is an indicator of a company’s financial health. It will tell you how much profit the company is earning before operating expenses.  Here is a question to ask yourself.  Are your margins lower than the industry average? Here at STAC Bizness Solutions, we have extensive knowledge in the salon and spa industry and can provide gross margin insights.

2. Establishing Key Performance Indicators

Key Performance Indicators (KPIs) measures how effectively a business is reaching their targets. Successful salons and spas set their goals within a given period and monitor them each week.

Would you like to increase your new clients or increase the number of retail product sales? Our services provide you with customized reports for salons and spa to track the KPIs required for your business.  Ask one of our team members to show you the benefits of having your small business managed by STAC Bizness Solutions.  We would be happy to give you a free consultation.

3. Delivering Industry Benchmarks

Industry benchmarks help in assessing your Salon and Spa business performance by comparing it with your competition. These industry benchmarks help with identifying the gaps in your business and give you valuable insights about where you are successful or where you can make an improvement.  Your STAC Bizness consultant will assist in helping you get these reports to make the best decision for your Salon or Spa business.

4. Preparing a Twelve-Month Forecast

A 12-month forecast is integral for any business to thrive. It is a prediction of future developments such as sale, expenses, and profits. The twelve-month forecast that we will prepare for your Salon and Spa business will assist with making goal-oriented decisions.

5. Providing Management Reports

Management reports give you a deeper understanding of your success. We will identify the data that your business needs and our management reports will help make predictions about the future growth and profitability of your company.

At STAC Bizness Solutions, we go beyond just bookkeeping. We will provide your Salon and Spa with customized, decision-ready, financial intelligence reports to help your business become more profitable and reach your goals.

Hire a QuickBooks ProAdvisor

To schedule an initial consultation with us, please click the button below.

Top 20 Online Marketing Tips for Salons & Spas

Top 20 Online Marketing Tips for Salons & Spas

All Salons & Spas are looking for new ways to market their salon.

Here are our top 20 online marketing tips for Salons and Spas:

1.   Create a clean, professional, easy-to-use website for your customers that attracts and converts.

2.   Utilize social media ads to target prospective customers.

3.   Write informational content about your business on your site.

4.   Start a blog. Content marketing is one of the best ways to get new customers online.

5.   Use lots of good calls to action on your website for onsite conversions.

6.   Create a video to use in online marketing efforts.

7.   Optimize your website for search engines so that you rank higher and are easier to find.

8.   Advertise in an online/offline Salon magazine (preferably local).

9.   Create a Salon & Spa Brochure for your business. Market the salon & spa to new prospective customers living in your target area.

10.  Send out a coupon mailer to increase your customer loyalty using a very cost effective direct marketing strategy.

11.  Use social media to communicate with your followers. Remember to post about your work and any specials. Ask for customers to give you a review.

12.  Attend local events, and get involved with the community. This will help your online marketing with some face to face time.

13.  Track and follow your competitors one to see what they are doing to gain customers.

14.  Send thank you emails for showing your appreciation to your customers.

15.  Try using SMS text messaging to market to your customers.

16.  Use a point-based loyalty program for salon & spa products and services.

17.  Send out a survey to see how your salon is doing and gain insight from your customers.

18.  Create events and contests that help spread the word about our business through social media.

19.  Get involved in local and national Salon & Spa Events and have them showcase your efforts and link back to your website.

20.  Find local charities and community organizations to showcase and link back to your Salon & Spa.

Start using these online marketing tips for your salon & spa, and watch your beauty salon & spa grow!

Your main goal is to get clients to come in so you can, in turn, provide them with a great experience, so make sure to use technology to help you.  So, let STAC Bizness Solutions help you with your Salon Bookkeeping.  If you’re looking for help managing your books, we provide salon business cloud bookkeeping programs to match any salon or franchise salon business requirement.  Here is more information on our salon business bookkeeping services.  Our team are all Quickbooks ProAdvisors.  Meet our Team.

Contact STAC Bizness Solutions today to see if we can help.

We will provide you with a no-obligation FREE consultation!

Hire a QuickBooks ProAdvisor

To schedule an initial consultation with us, please click the button below.

10 Things Your Competitors Can Teach You About Your Salon & Spa

10 Things Your Competitors Can Teach You About Your Salon & Spa

When it comes to owning a salon or spa, it’s critical to keep up with your competition.  There’s a lot to learn from other salons and spas like yours.  Let’s find out what they’re doing correctly.

Here are 10 things your competitors can teach you in the Salon & Spa industry:

1. They have built a beautiful online destination for their customers.

2. They are using sound context-rich SEO strategies.

3. They are using Social Media extensively.

4. They are writing a Salon & Spa Blog.

5. They are using Salon & Spa Bookkeeping software.

6. They are getting savvier with Salon & Spa Technology to manage it all.

7. They are using very good Offline Marketing Strategies.

8. They are researching their competitors to see how they can improve.

9. They are using case testimonials to showcase their work, and monitoring their Reputation online.

10. They are using Marketing Campaigns to gain more local exposure.

Your main goal is to get clients in the door and provide them with a great experience.  Let STAC Bizness Solutions help you with your Salon Bookkeeping obligations.  If you’re looking for help managing your books, we provide cloud bookkeeping services customized to match your business needs.  Here is more information on our salon business bookkeeping services.

Looking for a QuickBooks Expert?

Working with a QuickBooks ProAdvisor is the best way to learn how to use QuickBooks to help your business grow and flourish. You won’t find a better way to get the support you need anywhere else.

As a small business owner, we realize that you may not have the budget to hire a QuickBooks expert. If you’re looking for a more economical way to get set up on QuickBooks, we provide cloud bookkeeping programs to match any business requirement. Here are our Quickbooks ServicesQuickBooks SetupQuickBooks Training, and QuickTune-up.

You can feel confident in knowing that our STAC Bizness Solutions team are Certified QuickBooks ProAdvisors. Meet Our Team.

If you would like to learn about all the benefits that STAC offers, just give us a call and we’ll provide you all the details. Call us at (844) 424-9637.

Hire a QuickBooks ProAdvisor

To schedule an initial consultation with us, please click the button below.