When the Coronavirus crisis passes, we will all be working extra hard to get our businesses back on track and running with a full head of steam.
To help you to better understand the costs associated with operating your salons and provide you with real-world projections for cash flow, traffic flow and the profit potential of your business model, Universal Insurance is offering you a free Salon & Spa Business Analysis Program.
Developed by industry veteran, Jerry Deveney, this program will analyze and review the vital aspects of your business model including:
- Calculation of the operating cost of each system you offer on a per session basis for lamp usage, electricity, solutions, disposables, etc. This includes all UV-tanning systems, spray-tan (automated and manual), red light, wellness pods and more!
- Calculation of the number of sessions, packages and EFTs you must sell each month/year to break even.
- Analysis of customer spending patterns including dollars spent on services and products per customer/session/year.
- Calculation of monthly salon traffic, equipment usage and cash flow, as well as a percentage of annual totals.
- Calculation of revenue per system on a per-month/annual basis.
- Analysis of the cost and the contribution to the bottom line for all additional profit centers including lotions, accessories, etc.
Comparison to Industry Averages
In addition to providing an in-depth analysis and review of your business model, we will also compare your numbers to industry averages. This will help to identify areas of strength and weakness and offer suggestions on how to improve your bottom line.
Get Started Today!
Whether you are opening your first location, considering expanding an existing location, buying or selling a salon – or would just like a better understanding of your business model in general – this analysis can be an effective support tool to help you to increase sales and profits.
For a limited time, this analysis (a $495 value) is available free to the first 100 business operators who email a request for this valuable service. There is no obligation and nothing to purchase – simply email info@uiprograms.com
And for more information on business insurance and our free salon support training videos, visit uiprograms.com/tanning
