Expertise In Salon Industry - Silver Stone Case Study For Digitization
Over the past several years, Silver Stone has provided and implemented cost effective online POS and accounting system on various salons in JRB, Marina, Jumeirah, Zabeel and Sharjah that helped to save 55% of the existing cost of maintaining book of accounts, VAT filing and brought more efficiencies in processes.
How to Increase Salon Revenue?
Salon revenue is the total amount of sales made by a Salon including revenues from Salon services as well as retail products.
How can Salon increase their revenue?
How to design sales staff targets and reward policy?
There are following main ways you can increase your revenue and net profit:
Expand your client base
Increase your average AED sale
Increase your rebooking rate and frequency in which clients visit your business
Reduce your salon expenses
Realistic target for salon staff and remuneration policy
Design packages to target a high amount of retail
Cash Management For A Growing Salon
Arrange a Free consultation session with Silver Stone’s Team today to set a staff budget, discuss pricing policy and explore creative ways to unlock the hidden cash in your Salon. Silver Stone helps you at every step of the way.
In the UAE, majority entrepreneurs are struggling to control their Salon’s budget! They are unaware how to put together a financial plan for their Salon, Spa or Barber shop.
Salon’s business is All about money because that makes your Salon sustainable. Without money you cannot rent your premises, pay your team or order stock.
Growing your Salon business, making more money and feeling well-rewarded for what you like to do is difficult, but it is achievable. Once you have a real control of your current cash and understand where the cash is going, you will be able to create a future plan to reach your financial and business goals.
Silver Stone Accounting & Bookkeeping Team guides everything from calculating your hair Salon prices to different pay structures for artists’ salaries, and much more. You will find proven profit formulas, upselling tips, hacks for igniting your retail sales and Salon KPI guidance and benchmarking. We have even gathered Salon related information from the industry experts to help you smash your financial goals.
Arrange a Free consultation Session with Silver Stone’s Team today to set a staff budget, discuss pricing policy and explore creative ways to unlock the hidden cash in your Salon. We are here to help you every step of the way.
Why Zoho Accounting Software?
Zoho is cloud based accounting software with features of Invoicing, Inventory, Expense tracking, Bank reconciling, Multi users’ access, Reporting and many more. SME’s owners regard Zoho software because it is:
FTA VAT compliant
Straight forward setup
Scalable payment gateways
Customizable business workflow and templates
Add-ons Integration
Meaningful reports
Mobile app and many more.
Why Timely Appointment Software?
Timely is very user-friendly software for Salon and Spa to:
Measure staff performance i.e. Revenue V staff pay
Handle online and walk in bookings
Manage repeat bookings with multiple services
Manage business via mobile app
Client online booking facility
Friendly automated SMS and email reminder
Integrate with accounting, marketing and payment add-ons
Manage packages and gift vouchers
Reporting by staff performance, services, location etc.