• Manage Salon Costs Effectively & Improve Your Profitability Workshop
    October 26, 2022 - November 28, 2022
    7:00 PM - 4:00 PM
By Carmel Connaire of Glantar

Duration:
2 hours.

When:
Choose from 1 of the following;
Wednesday October 26th – 7pm
Monday November 7th – 10am
Monday November 21st – 10am
Monday November 28th – 2pm

Location:
Online

Cost:
Image Skillnet and HABIC member price: FREE

Who Is This For?
Salon Owners , Managers and Supervisors. Anyone concerned with the rising costs of running a hair and beauty business.

Workshop Content

  1. Introduction to costs and financial terminology.
  2. The importance of the bottom line and how the efficient management of costs impacts on your bottom line.
  3. Overview of costs associated with the premises and strategies to reduce costs.
    – Rent and rates
    – Insurance review
    – Analysing your energy, waste, and water bills.
    – Telephone / Software Systems / POS / Subscription services.
    – Reviewing the cost of POS and comparison of non-contract and contract services.
    – HR consultancy services.
    – Accountancy fees; using technology and support services to reduce costly consultancy fees.
    – Equipment costs; new and second-hand.
    – Leasing V purchasing.
    – Hidden costs such as cleaning, licence fees & refreshments.
  4. A look at costs associated directly with a service.
    – Cost of stock and communicating with suppliers.
    – Cost of laundry.
    – Apportioning labour costs to treatments.
    – VAT on products and services.
    – Practical exercise on costing a hair & beauty service.
  5. Labour costs.
    – A broad overview of the costs associated with employing staff.
    – Wage thresholds, holiday pay, bank holiday & public holiday pay.
    – Pension scheme and sick pay scheme.
    – Training costs.
  6. Summary.
    – We look at a simple cash flow projection for 2023. In this section we will be summarising actions to take to maintain or improve the bottom line therefore enabling informed decision making when developing new pricing strategies.
 

For more information, or if you need help in booking on to this course, contact us at info@imageskillnet.ie or 071-9640438.

We're sorry, but all tickets sales have ended because the event is expired.

Venue: