Financial management. Accounting and analysis of the beauty salon / clinic / office

The course is necessary: ​​to specialists who plan to open their own business, to beginning managers.

The first day: Business planning in the beauty industry enterprise.

  1. Determine the amount of initial investment in business.
  2. Types of business models of beauty industry enterprise (BIE).
  3. Profitability of the project.
  4. Financial risks.
  5. The payback point.
  6. Basic terminology.

Practical case:

  • Necessary investments for BIE. Business model.
  • Practical calculation of economic activity of BIE.
  • Forecast of capacity and real salon occupancy.
  • Calculating the BIE gross income indicator or how much money you will earn.
  • Expenditures (fixed, variable), their nature.
  • Percentages of variable costs.
  • Planned income. Percentage of profitability.
  • Calculation of payback (break-even point).
  1. The occupancy rate and seasonality of BIE.
  2. Management reporting.
  3. How to calculate the cost of the service. Models of pricing.

Practical case:

  • Calculation of costs per sector.
  • Determine the cost of the service.
  • Result: Calculation of the cost of the service.
  • Bonus and discount, business benefits.

 

Second day: Financial accounting and analysis of BIE activities.

  1. Management reporting, its types. Points of control and analysis.
  2. Budget. Distribution, forecasting of cash flows.
  3. Maintaining the financial result of the beauty salon.
  4. Design of further activities: specialist-enterprise.
  5. Average check, as the main value in business analytics.
  6. Ways to achieve financial goals and methods to increase efficiency.
  7. Economic justification in the work of the head.
  8. BIE staff remuneration. Percent. Rate. Scale.

Practical case:

  • Making a financial account of the manager. Analytics. (Working with numbers).
  • Forecasting the budget.
  • Calculating the business project for the month-quarter-half-year-year.
  • Analyzing the average receipt for the sale of the service.
  • Analyzing the average receipt for the sale of goods.
  • Outcome: we evaluate the work of the enterprise.

Program: 9.00-16.00 (9.00-12.00, 12.00-13.00 lunch time, 13.00-16.00)