How can I make more money monthly- 'Money Talk' series

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Cut down on expenses

Create a plan on how you purchase your supplies

Consistent

Look at your bank statements

What auto pay and reoccurring payments are you making?

What can you cancel that is not growing your business

If you have 10 Apps or memberships that costing you around $15 each you could be loosing 4150 monthly or $1800 yearly

Where can you increase your tickets

Retail

Run an offer Buy 2 save 50% on your 3rd

Not trading time for money

If 20 clients bought shampoo and conditioner for $50 Retail sales of $1000 or $500 profit

Color

Refresh ends $30 and you saw 20 clients $600

Add-on services Treatment

$20 Treatment 50 clients a month $1000 ($2 per treatment + 5 minutes)

$15 waxing service on 20 clients $300. (Your cost $2 per guest)

Keep in mind

Prepare for a rainy day

Focus on budget

Fixed expenses

Variable expenses

Focus on goals and target revenue

Invest in what can increase your revenue (is it in budget)

Retail

Add on services

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