Tune in to hear Nina Tulio tell you the most important thing for you to have a STRONG and sustainable business!⁠

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KEY TAKEAWAYS:

Cash Management, Cash Flow, Budgeting, and Pricing are the most common issues amongst commission owners, hybrid owners, and independents!
Nina uses facts and data to help you make your decisions so when you doubt yourself, your decision, or your plan, you have the data to fall back on, giving you confidence!
Full-Time hairdressers should aim to work from 32 - 35 hours
Most stylists are undercharging and need to update their prices
Rent should be less than 20-30% of your revenue
Commission salon owners payroll should be under 50% to be able to make money as an owner and have a sustainable business.
Relationships are the primary factor in the success of a hairstylist and any entrepreneur.
Remember to serve your guests and come up with ways to service them when times are tough without discounting services.
Do not forget that we service AND are, ourselves, humans first...Treat clients like they are human and not a commodity that you can easily replace.
Make Magic with clients and grow your business via strong relationships and knowing your data/numbers!

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