Lesson 6 Reducing the employee costs for salon owners

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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 Cash Flow Statement?

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? 12 Lessons

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Lesson 1 Reducing occupancy costs

Lesson 2 Reducing professional use inventory costs

Lesson 3 Reducing retail inventory costs

Lesson 4 Reducing the employee costs

Lesson 4.1 Reducing the employee costs for support staff

Lesson 5 Reducing the employee costs for income producing staff (Staffing Levels)

Lesson 5.1 Reducing the employee costs for income producing staff (Pay Systems)

Lesson 5.2 Reducing the employee costs for income producing staff (Pricing & Productivity)

Lesson 5.3 Reducing the employee costs for income producing staff (Time Management)

Lesson 6 Reducing the employee costs for salon owners

Lesson 7 Reducing the all remaining costs

Lesson 7.1 Reducing the all remaining costs

Module 6 How do I Set my Salon Budgets? 3 Lessons

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Lesson 1 Understanding the cash flow forecast

Lesson 2 The rolling 13 week cash flow

Lesson 3 Creating your own rolling 13 week cash flow forecast

Module 7 How do I Price my Salon Services? 5 Lessons

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Lesson 1 What to consider when pricing your salon services

Lesson 2 Understanding the service price per minute

Lesson 3 Working out your service price per minute

Lesson 4 Service price per minute price list

Lesson 5 Overcoming the price list problems

Module 8 How do I Pay my Salon Team?

Module 9 How do I Increase my Salon Income?