Steve Hilliard Minimum Wage & Overhead Increase Impact
Are you a hair, beauty or barbering professional? Or currently in training to be one?
For exclusive access to our extensive range of hair, beauty and barbering products at wholesale prices online and in-store, you need an Alan Howard trade card. Getting your exclusive trade card is free and simple, you just need to prove to us that you're in the trade.
For professional applications, please upload a copy of one of the following documents:
- Level 2 or above (NVQ or equivalent) hair, beauty or barbering qualification certificate
- Public liability insurance certificate for your hair, beauty or barbering business
- Current business cheque book
For student applications all of the below documents are required:
- A valid college card
- A course enrolment letter or receipt
Product Details
(Course 1 of 4)
A Course focused on pricing confidence, wage increases and real numbers, looking at stock control wage % and breakeven and how the upcoming cost increases will affect salons. This is a powerful and commercially focused session.
The employees salon model is being increasingly squeezed. Rising costs and shrinking margins mean many salons are struggling to survive not thrive.
The recent increase in national insurance has impacted all businesses, but it has hit the salon world particularly hard. Tight profit margins means many salon owners simply don't know how to absorb these rising costs.
Focused on minimum wage increases and, more importantly how salon owners can deal with them confidently. The course usus a bespoke spreadsheet that clearly calculates the increase in wage costs and then shows, stylist by stylist how to counter this through small, targeted increases to their top 5 services.
This removes fear around price increases as it is no longer guesswork-the numbers are clear, justified and personalised.
What you'll Learn
- Understand stock control wage % and breakeven points
- Calculate the impact of minimum wage and national insurance increases
- Use a bespoke spreadsheet to assess wage and costs by stylist
- Identify targeted price increases for your top 5 services
- Communicate price changes positively to clients
Key Takeaways:
- Ready to use Spreadsheet and resources to protect margins
- Practical tools to implement price changes confidently long-term
Timings: 10am-4pm
Course Investment: Save £50 Special price £100 + VAT (Terms and conditions apply)
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