BEAUTY BUSINESS EXPERIENCE
Refine how your business operates, prices, and generates profit
Structure your business, manage your taxes, and increase your profitability
1
Business Structure & Foundations
Phase 1
Topic: Setting Up a Strong Financial Foundation
Choosing the right business entity (LLC, S-Corp, etc.)
Registering your business properly
Opening a business bank account & separating personal/business finance
Understanding financial statements (P&L, balance sheet)
Action Items: Setup business entity (if not already done), open business bank account, start tracking income/expenses
2
Business Money Management & Pricing for Profit
Phase 2
Topic: How to Keep More of What You Earn
Creating a budget & cash flow system for your business
Pricing your services for profitability
Understanding profit margins & service costs
Setting up an emergency fund for your business
Action Items: Adjust pricing structure if needed, set up a business budget, calculate yourbreak-even point
3
Taxes& Deductions – Stop Overpaying the IRS
Phase 3
Topic: Tax Strategies for Beauty Professionals
Common tax mistakes beauty professionals make
Tax strategies & Business deductions that reduce your tax bill
How to track & organize expenses for tax season
Estimated taxes: how much to save & when to pay
Action Items: Implement a tax tracking system, review past expenses for missed deductions
4
Accounting & Automation – Simplifying Your Finances
Phase 4
Topic: Making Money Management Easy
Bookkeeping essentials for beauty professionals
Best accounting & bookkeeping software to use
Creating a system for tracking income & expenses
Automating savings, payroll, and tax payments
Action Items: Choose a bookkeeping system, set up automations for taxes & savings
5
Investing 101 – Making Your Money Work for You
Phase 5
Topic: Smart Investments for Beauty Professionals
Retirement accounts (SEP IRA, Solo 401k)
Stock market basics: brokerage accounts & ETFs
Real estate investing for beauty professionals
Passive income strategies
Action Items: Open a brokerage or retirement account, start researching investment opportunities
6
Wealth Building Plan & Scaling Your Business
Phase 6
Topic: Long-Term Growth & Financial Freedom
Setting financial goals & a 5-year wealth-building plan
Expanding your income streams (products, education, rental space, etc.)
When to hire a team or accountant
Recap: Key takeaways from the program & next steps
Action Items: Create a personal tax strategy plan
7
Overview of Outcomes
Phase 7
Pricing and offer structure optimization
Profit margin analysis and improvement
Business model and service structure adjustments
Expense restructuring for efficiency
Financial systems for tracking and decision-making
Roadmap to generate more intentional profit and operates more efficiently
