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Old 04-02-2001, 08:40 AM   #4 (permalink)
BOBER96
 
Join Date: Oct 17 2000
Posts: 1,009
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Dee,I am assuming that this is your first season, correct?In our first year we almost went under a couple times. I made the mistake of under-estimating many expenses, over-estimating client flow, etc, etc. I made enough mistakes for 10 salons! LOL! We did end up using some credit cards to get us through. I seriously thought my husband was going to leave me if I lost everything, I was depressed and working my butt off (12 hour days, 7 days, by myself!). Needless to say, I learned alot of lessons that first season and also learned that when I do my 2nd salon I will not make the mistake of under estimating things again! LOL! I am not telling you this to depress you further, but to let you know that you are not alone. The first year is tough in any business. It really does get better! Re-evaluate your prices, perhaps they are too low. Get more people in there...what kind of advertising are you doing?Consider running ads in high school or college newspapers. It is really cheap and usually generates some decent revenue. [This message has been edited by BOBER96 (edited 04-02-2001).]
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