Carter Cook, CPAs

💸 Busy salon, empty bank account? You’re not alone.

Most salon owners think being fully booked means profit — but hidden cash flow leaks are eating away at your income. Here are the top 4 money drains we see in salons every week:

1️⃣ Color waste
2️⃣ Underpriced services
3️⃣ No tax savings plan
4️⃣ Paying yourself last

The good news? These leaks can be fixed — and when they are, you’ll finally have the cash flow to pay yourself what you deserve.

👉 Book a discovery call today and let us help you plug those leaks.

You're booked out for months and it feels like some extra help would majorly impact your stress levels. Are you ready to bring on an assistant or another stylist? ⁠

⁠My first question: Can you afford that help? ⁠

⁠Once you hire an employee, you become second in your business. Employees are a heavy responsibility and if there's a cash flow issue, guess who gets paid last? Yup, you. ⁠

⁠That's why hiring too soon without the client demand to support the employee can quickly kill your business. ⁠

✨ So what do you do when you have an extra $30k or $50k in revenue and you're sinking trying to keep up with everything? Try hiring on a part-time basis. This can give you the relief you need without cash strapping your business. ⁠

✨ If hiring an employee scares you, consider raising your prices instead. You'll naturally cut down on the number of people you serve while still making more. And then when you are ready to make that hire, you'll ensure you've priced in an appropriate profit.⁠

Where are you in your beauty business journey? Are you looking to take on a new employee or re-work your service prices? Let me know in the comments!

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