Course curriculum

    1. Lesson 1: What is a Budget and Why is it Crucial for Your Beauty Business?

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    2. Lesson 2: Overview of Different Types of Beauty Businesses

    3. Lesson 3: Key Financial Terms and Concepts

    4. Wrap-Up and Homework Assignment

    1. Lesson 1: Tools and Software for Budgeting

    2. Lesson 2: Creating a Budget Template Tailored to Beauty Businesses

    3. Lesson 3: Understanding Fixed vs. Variable Costs

    4. Lesson 4: Projecting Revenues and Expenses

    5. Wrap-Up and Homework Assignment

    1. Lesson 1: Estimating Rental Costs

    2. Lesson 2: Budgeting for Supplies, Tools, and Personal Marketing

    3. Lesson 3: Managing Irregular Income Streams

    4. Lesson 4: Case Study: A Successful Booth Rental Setup

    5. Wrap-Up and Homework Assignment

    1. Lesson 1: Understanding Partnership Agreements and Financial Responsibilities

    2. Lesson 2: Budgeting for Payroll, Benefits, and Commissions

    3. Lesson 3: Managing Overhead Costs: Rent, Utilities, and Equipment

    4. Lesson 4: Financial Planning for Growth and Expansion

    5. Lesson 5: Case Study: Running a Profitable Small Salon

    6. Wrap-Up and Homework Assignment

    1. Lesson 1: Capital Budgeting for Renovations or New Buildouts

    2. Lesson 2: Sophisticated Financial Forecasting Models

    3. Lesson 3: Strategies for Financing Large Projects

    4. Lesson 4: Budgeting for Advertising, Promotions, and Staff Training

    5. Lesson 5: Case Study: A Million-Dollar Salon Buildout

    6. Wrap-Up and Homework Assignment

    1. Lesson 1: Regular Financial Review: What to Look For and How to Adjust

    2. Lesson 2: Handling Unexpected Expenses and Economic Downturns

    3. Lesson 3: Financial Health Indicators and Benchmarks in the Beauty Industry

    4. Wrap-Up and Homework Assignment

About this course

  • $9.00
  • 41 lessons
  • 0 hours of video content

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