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This is a JAM PACKED episode with rapid fire knowledge bombs to help you build your sugaring business. Shannon and Wik fill almost an entire hour with uninterrupted marketing ideas for Sugaring professionals and actionable steps to not only get new clients but keep them coming back for more!
Wik is an expert in helping beauty business owners create wealth. His passionate style and inspirational attitude are infectious!
We invite you to join the Facebook group Marketing Ideas for Estheticians to become inspired in your beauty career!
NEED MORE SUGARY INSPIRATION?
Get Your Sugaring Business Found and Network with the Sugaring Industry
by Joining The SugarNetwork and tagging your sugaring biz on @TheSugarNetwork on IG!
To meet more inspiring Sugarists and business masters, join us in the Love2Sugar FB Community for more knowledge!
Join us on the 'gram: @love2sugar
Did you enjoy this Sweet Episode? Be sure to hit SUBSCRIBE + leave a REVIEW and tell us why! Â
Thank you for joining us on ...
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Kenesha Coleman, The Beauty CPA is back with another jam-packed episode where she drops the knowledge bombs!
In this episode, we go over:
Episode #3 Knowing your Beauty Business’ Numbers
The importance of knowing your business’ numbers
Be aware of the financial health of your business
Make sound business decisions
Use the numbers as a tool to strategically grow   Â
It all starts with Bookkeeping
You can’t manage what you don’t track
What is bookkeeping?
Knowing the “story” behind your business’ numbers
Don’t do bookkeeping for the sake of bookkeeping, know the “story” behind what the numbers are telling you
Are you profitable?
Gross margin - service or product profitability?
Profit margin - overall business profitability?
Business Performance
How did you perform this month compared to last month?
Progress toward the financial goal?
How did we perform compared to the budget?
Welcome to Season 3!
Thousands of downloads and happy listeners have taken a listen to our little podcast! I am honored to be a part of this sugaring industry and inspire you on your journey! Last year was a doozy, wasn't it? Well, this year, we are gonna get Sweet & Strong...its not just a cute slogan...the words will hold such power for 2021!
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NEED MORE SUGARY INSPIRATION?
Get Your Sugaring Business Found and Network with the Sugaring Industry
by Joining The SugarNetwork and tagging your sugaring biz on @TheSugarNetwork on IG!
To meet more inspiring Sugarists and business masters, join us in the Love2Sugar FB Community for more knowledge!
Join us on the 'gram:Â @love2sugar
Did you enjoy this Sweet Episode? Be sure to hit SUBSCRIBE + leave a REVIEW and tell us why! Â
Thank you for joining us on this sugar journey!
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Spend some time with your host, Shannon the SugarMama where she dives into the mental side of being a sugaring professional. In this episode, she guides you through understanding that once you shut that treatment room door, sugaring is more than just your technique it encompasses all of the senses for your clients. Clients tend to open up and dump their emotions into the room...and YOU need to know how to not absorb those emotions.
Shannon helps you to understand how to create not only a safe and calm space for your clients...but for YOUR mental state as well. The senses matter to US!!!
Take this time to stop and start your day of service with some calming breaths...to take your vibration from all around the room to focus on you.
When you can center your thoughts and focus on what is in front of you, you can fully be present for your clients and your business.
In between clients, it will benefit you SO MUCH MORE to take a moment to ground EVERY TIME. A few moments will change t...
This is such an exciting time to be a Body Sugaring professional! In order to make sure your skills are as sharp as can be and your business skyrockets in the years to come, this episode will be a big help!
NEED MORE SUGARY INSPIRATION?
Get Your Sugaring Business Found and Network with the Sugaring Industry
by Joining The SugarNetwork and tagging your sugaring biz on @TheSugarNetwork on IG!
To meet more inspiring Sugarists and business masters, join us in the Love2Sugar FB Community for more knowledge!
Join us on the 'gram: @love2sugar
Did you enjoy this Sweet Episode? Be sure to hit SUBSCRIBE + leave a REVIEW and tell us why! Â
Thank you for joining us on this sugar journey!
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Now that you have (or your business has) decided how to categorize yourself as an employee or an independent contractor, its time to get PAID!
In Part Two of this Series, Kenesha and Shannon explore how to make sure you get paid properly depending on your business. Working smarter to be strong and sweet in 2021!!
- What is an Independent Contractor or Self-Employed Beauty Professional?
- You are the business owner
- May receive Form 1099 from salon/spa owner or you are receiving monies from your clients and accounting for it yourself
- Responsible for paying and remitting all taxes - federal and state income and payroll taxes
- How you should pay yourself depends on how the business is structured:
- Â Sole Proprietorship/SMLLC/General Partnership/MMLLC:Â
- take an owner’s draw from your business banking account.Â
- Best if done at regular intervals and amounts
- Best if transfer in electronic
- Still responsible for all taxes
- Misconception: If you don’t take an owner’
...
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This is the 1st of a 3 part series to help you on your journey to Sugar Business Sweet Success! Whether you are new to the beauty industry or a seasoned pro, our goal is to guide you to make good decisions with your finances.
In this episode you will learn:
Episode 1: Employee or Independent Contractor
- Category of Workers in a Salon/Spa
- Employee
- Straight Hourly Wage or Salary
- Commission
- Hybrid
- Receives Form W-2 from employerÂ
- Income and payroll taxes are withheld
- Employer pays half of federal and state federal tax
- Independent Contractor
- Straight Rate
- Commission
- Hybrid
- Receives Form 1099 from salon/spa owner
- No income or payroll taxes are withheld
- IC is responsible for all taxes
- Booth Renter
- Leases space from salon/spa owner
- Doesn’t usually receive compensation from salon/spa owner
- Issues Form 1099 to salon/spa owner for rents paid (if $600 or more)
- Responsible for all taxes
- Why this matters
- Employee Rights
- Tax Evasion: non-pay
...
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It is always inspiring to listen to the stories of those who are rockin' in this Sugaring business! Especially, when they find Sweet Success so quickly into starting their careers!
Meet Porche Copeland. Dynamic business owner, mother, and Sugaring professional who is THRIVING despite all of the challenges 2020 has dealt us!
She is a force to be reckoned with and we are honored to include her on our list of Sweet Success stories! She is the owner of Luxe Beauty Bar and Spa after only 1.5 years in the business
NEED MORE SUGARY INSPIRATION?
Get Your Sugaring Business Found and Network with the Sugaring Industry
by Joining The SugarNetwork and tagging your sugaring biz on @TheSugarNetwork on IG!
To meet more inspiring Sugarists and business masters, join us in the Love2Sugar FB Community for more knowledge!
Join us on the 'gram: @love2sugar
Did you enjoy this Sweet Episode? Be sure to hit SUBSCRIBE + leave a REVIEW and tell us why! Â
Thank you for joining us on this sugar journey!...
We all know how important exfoliation is to keep the skin smooth and healthy in between sugaring appointments. What you use to exfoliate is critical to a proper homecare routine! Listen in to how Shannon uses the mitts in her treatment room daily.
Meet Steve Landi, Director at Supracor. He has been supporting our industry for the last 17 years by providing a safe, effective and hygienic way to estheticians to retail to their clients.Â
Any client you have that has a cheap loofah ball hanging from a rope in the shower, its time to replace it with something else that won't host bacteria! Steve reviews how honeycomb cells actually exfoliate the skin.
Supracor products are a great retail addition, especially around the holidays! Men love the Facial Sponge to help with their beards.
Steve reviews how easy it is to keep the mitts clean and disinfected for our use. The mitts are a great addon to your sugaring treatment. Shannon uses them in most of her large area sugaring treatments!
Check ou...
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