by Laura O'Hagan
Helping 6+ 7figure Salon + Clinic Owners manage Cashflow, make more money and increase profit without the overwhelm.
Language
🇺🇲
Publishing Since
3/22/2024
Email Addresses
1 available
Phone Numbers
0 available
April 20, 2025
In today’s episode, I’m coming to you buzzing with excitement because I've been having some really energising conversations with clients who are seeing major shifts in their salons — we’re talking busy books, higher client spend, and a feeling that things are finally turning a corner. But the real reason for this episode? We're diving into something I’ve weirdly never dedicated an entire episode to before — the end of quarter Profit First process. And honestly? It’s such a feel-good part of the journey. I walk you through: • What happens at the end of each quarter in Profit First • Why this is the moment we get to increase our pay and profit • How we adjust our percentages to reflect the progress we’ve made • What a profit draw is, and how it’s different from your regular pay • Real examples of how my clients (and I!) are using our profit draws Whether you’re in the “things are fine but I want great” stage, or you’re still working your way out of financial stress, this episode will help you understand why this process actually works — and why the end of quarter should feel like a celebration. P.S. If you’ve read the book or started implementing Profit First on your own, this is your gentle nudge to check your percentages and reflect on how far you’ve come. Looking for help to transform your business into the thriving, profitable business you know it could be? Book a Discovery Call with Laura here www.laurajohagan.com/book-call Ready to Prosper and Profit? Let's dive in. Loving the podcast? If this podcast is providing value to you, please leave a 5-star review. Connect with Laura Website: www.laurajohagan.com Email: [email protected] Instagram: www.instagram.com/laurajohagan
April 2, 2025
Is a break-even analysis really necessary for your salon? In this episode, we break down why understanding your break-even point is crucial for financial clarity and long-term profitability. Many salon owners have a rough idea of their costs, but without a structured break-even analysis, they risk underestimating what’s truly needed to keep their business running, thriving and most importantly profitable. I’ll walk you through the real benefits of calculating your break-even, common mistakes salon owners make, and how you can use this tool to set realistic revenue targets that ensure you cover expenses and make a profit. Loved this episode? Make sure to subscribe and leave a review! Looking for help to transform your business into the thriving, profitable business you know it could be? Book a Discovery Call with Laura here www.laurajohagan.com/book-call Ready to Prosper and Profit? Let's dive in. Loving the podcast? If this podcast is providing value to you, please leave a 5-star review. Connect with Laura Website: www.laurajohagan.com Email: [email protected] Instagram: www.instagram.com/laurajohagan
April 1, 2025
It might seem way too early to be talking about Christmas, but trust me—if you want to avoid a cash flow crisis in December and January, the best time to start planning is right now. April is here and before you know it, we’ll be halfway through the year and if you’re not actively preparing for the slowdown that happens every Christmas and New Year, you’ll be scrambling for solutions at the worst possible time. In this episode, we cover: • Why so many salon and clinic owners struggle through January and February • The #1 mistake business owners make when it comes to cash flow planning • How to start building financial buffers now • The power of thinking annually (not just week to week) when managing cash • How Profit First helps salon owners break free from the feast-famine cycle If you’ve ever found yourself stressed about paying wages over the holidays, covering your product orders in January or dealing with the slow season while bills pile up—this episode is a must-listen. Hit play and let’s get ahead! Looking for help to transform your business into the thriving, profitable business you know it could be? Book a Discovery Call with Laura here www.laurajohagan.com/book-call Ready to Prosper and Profit? Let's dive in. Loving the podcast? If this podcast is providing value to you, please leave a 5-star review. Connect with Laura Website: www.laurajohagan.com Email: [email protected] Instagram: www.instagram.com/laurajohagan
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