Lesson 7 What is your profit target?

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Course Content

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Course Introduction 3 Lessons

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Lesson 1 Course content overview

Lesson 2 How to use this course

Lesson 3 Legislation Compliance

Module 1 Financial Foundations 7 Lessons

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Lesson 1 Why did you open a business?

Lesson 2 The financial functions of business

Lesson 3 The language of numbers

Lesson 4 Playing the game of business

Lesson 5 Understanding profit and profit margin

Lesson 6 The investor

Lesson 7 What is your profit target?

Module 2 Getting Organised 5 Lessons

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Lesson 1 Financial information systems

Lesson 2 Petty cash management

Lesson 3 Bookkeepers and Accountants

Lesson 4 What is your financial vision?

Lesson 5 Knowing the numbers that matter

Module 3 How do I Read Financial Statements? 3 Lessons

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Lesson 1 How do I read a Profit and Loss?

Lesson 2 How do I read a Balance Sheet?

Lesson 3 How do I read a Statement of Cashflow?

Module 4 How do I make sense of the numbers? 2 Lessons

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Lesson 1 Understanding benchmarks

Lesson 2 My salon benchmarks

Module 5 How do I Reduce my Salon Outgoings?

Module 6 How do I Set my Salon Budgets?

Module 7 How do I Price my Salon Services?

Module 8 How do I Pay my Salon Team?

Module 9 How do I Increase my Salon Income?