Money Matters

I am enroute to becoming an young, fabulous self employed millionaire before the age of 30 :-) Passion by Shar & Dupri  (the name of my hair salon) is a dream I have carried with me for about a year now.  While God continues to sort things out for us, I am doing my research. 

MONEY MATTERS! 

There's no doubt about that, it is plain and simple; whether or not you're ok working 9 - 5 or starting out your own business.  I came across this article while sitting under the dryer as my hair treatment penetrated through my coils of my natural hair ;-) I decided I would share it with you.  
 
MEASURE OUT PRODUCT
Avoid squeezing and pumping product into yours hands or directly onto clients hair.  A lot of product is wasted in this manner. Use manufacturers instructions when determining the amount of product to use ans measure accordingly.

PRICE SERVICES ACCORDINGLY
Make sure your prices include the cost of the professional product to render the service not just what the operator gets paid.

DO YOUR RESEARCH Find distributors or manufacturers who will give you the best prices.  Research the best deals even if it means coming out of your comfort zone.

WANT TO LEARN MORE AS A STYLIST?
Cover your basics.  Business cards and a website are a must with examples of your work. The more you have, the better.  

BE ONLINE SAVVY
You can also create a Facebook business page or Twitter account.  Ask your clients to support you, remind them to "like" and "follow" you.  The great thing about it is self marketing and promotion + it's free so utilize it. Ask clients to give feedback on Yelp or City Search. 

PROVIDE QUALITY SERVICE
Great service keeps clients coming back. Take your time, be patient and friendly!

REWARD YOUR CUSTOMERS
Throw in perks such as a free deep conditioning or discounts. 

CONTINUE YOUR EDUCATION
Always be open to learning new things and researching to keep your styling fresh.  Clients want to know that you are aware of the changes in your expertise.  Suggest a new style that would compliment their face or hair color.  Keep them at the edge of their seats with changes and ideas.

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It hope this helped.  It is not just directed to aspiring salon/spa owners, I am  sure at least one if not all will be helpful to you. If you know any entrepreneurs that can learn from this article, pass it on :-)