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Originally Posted by Steve Underhill  There will always be highs and lows in any industry. It is my experience that salons that are doing poorly enough that they are not profitable is a result of improper structure and salon operation. The easy thing to do is blame your level of business on the competition and new regulations. More often than not declining numbers can be the result of what you are and are not doing. In almost every market there will be successful and failing salons. What is the difference in these salons. Structure and operation. This has already proven to be a very strong season for those salons that have a solid business model.
It is a trend that can be broken. If you are not doing well you must be willing to acknowledge that you are responsible and be willing to change. Evaluate every aspect of how you operate your salon and make those hard changes that will take more effort by you and your employees. If you are struggling and don't make changes it will only be a matter of time before you close. This does not have to be your fate. |
I agree admitting that there is a problem, and that the problem may be you is critical to making the changes that may be needed. However, I have seen situations where outside influences make it impossible to go forward. It is a hold up or fold up decision. I have experienced both. There have been situations where it was impossible to be profitable in the environment that I was in; I folded, and waited for a better situation to emerge, then jumped back in.