As we prepare for a 'new' normal in the coming months I thought I could perhaps throw some perspective on the future. I'm not a fortune teller - nobody really knows what it's going to be like, however as many of you know, I am a compulsive learner - which means that I do have an idea from the history of past recessions of the type of businesses and individuals that have a chance of prospering in the next few years!
History tells us that many of today's...
(Well actually 4, I’ve decided to throw this one in before we even start!):
Try to stop panicking - I understand, of course I do - the economic knock on from this is affecting all of us, let alone the concerns we share for vulnerable members of our family etc.
However, one thing I try to live by as much as possible, is to make sure I don’t worry about things I can’t control - with all the news of people dying etc. coming...
Have you been inspired by all the inspirational award speeches popping up in your social media feeds lately; Lady Gaga, Olivia Colman… Rami Malek?
“It’s not about the award, it’s the journey to the award…”.
Or maybe you have no idea what I’m talking about and you’re thinking what on earth is a Rami Malek?
Either way, we’ve put together our 5 top tips for anyone considering entering industry business awards.
It is possible to run a very profitable business in the salon industry - but… only if you have your two key variable costs under control! - If you don’t, then a strong profitable business is almost impossible!!
These two variables are your stock and salary costs.
Firstly, what does variable mean?
Well simply, they vary according to your sales - the higher your sales, the higher these will be - unlike a fixed cost, say for example your business rates, which will be the...
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