Managing your Salon for Maximum Profit

Salon and chair renter business setup and financial planning

Created by: Jennifer Miles
Business Accounting Specialist

What Will I Learn?

• They will know what self-employment tax is and how to calculate and pay it
• They will know what makes a productive salon and how to track and calculate this.
• They will understand what expenses to keep track of for tax purposes and learn ways to track them.
• They will learn how to set up a sales tax account, how to calculate it and how to pay it.
• They will understand the importance of cash flow and how to adjust expenses to best manage cash flow.
• They will know what they need to have in order to prepare for income taxes.

Requirements

• None

Target audience

• Salon owners or chair renters who manage their own business finances.