If you’re a first-time entrant to join to the beauty and wellness industry and are actively looking on tips on how to manage a beauty salon business, then this post is for you. Running a beauty salon business can be both exhilarating and frustrating as it needs you to be constantly think on your toes. Modern day clients consider a salon visit as an experience, which they evaluate from the time of booking an appointment to executing payment for the service. While the creative side can be easily taken care by the highly skilled staff, it is the administrative side which is often lacking. Perhaps this is why increasing number of salons are now choosing to deploy a salon management. Listed below are some of the benefits that you can derive from a salon management software.
An organized appointment system can do wonders for your business and a salon management system allows you to easily have one. Accepting bookings through multiple platforms such as website, apps, or ChatBots, a salon management system enables clients to get an appointment or reschedule an existing one in just about a few clicks. It empowers your business to be able to respond to clients 24x7x365 and not lose potential clients. Appointment systems are designed to auto populate daily and weekly store appointments book and also create work schedule for individual stylists.
A big advantage of a salon management system is that it reduces no-show bookings to a negligible number. With its automated reminder system, for each and every upcoming booking the technology assures that both the clients and the stylist is aware about the upcoming appointment and that it is not missed due to forgetfulness.
A salon management system empowers you to have a transparent employee management system. Reporting details, work schedules, availability, login times, tips and commissions, and performance rating, the software allows you to keep a track of every task. It enables employees to have real time information about their performance KPIs, income from tips and commissions. The software allows business to run error free payrolls and save time.
How many hours have you spent in keeping a track of your inventory? How much of your stock has been slow moving goods? A salon management software empowers you to take out the guess work from the equation and assist you in running a lean set up. By keeping a complete track of inventory, and automatically adjusting the stock levels after every sale and consumption transaction, the software keeps you always informed about your inventory. By analyzing the lead times and the sales data, it prompts you when it is time to replenish stocks. As a result, you’re never blocking excess capital in the inventory.
Invoicing, Payments & Accounting
Ease your transaction handling and record each and every financial transaction. The software allows you to generate professional invoices complete with all the details such as date, time, product details, price, taxes, and discounts if any. With the right combination of hardware, the system can accept payments through charge cards, credit cards or bank transfers. The invoice captures the payment details and makes the reconciliation easy. Some software are equipped to also make relevant accounting entries for each invoice generated and reduce the work of the accountant.
Perhaps one of the best features about the salon management software is that it prevents you from running blind marketing campaigns. By relying on data analytics, to analyze customer profiles and past sales records the software assists you in improving your marketing strategy. It suggests you to create target driven marketing offers to bring back old clients and also enroll new clients.
Access your business reports, anytime and anywhere. A salon management software can create reports in the way you desire and highlight the weak and the strong points of your business. From daily sales report to cash flow statements, each and every report can be generated in just a few clicks.
Over and above these features, a salon management software can do much more for your business. If you’re opening a beauty salon business, it is highly recommended that you deploy a salon management software from day one. The salon management software market is mature and has many competitors. Some of the renowned and well-established names are Zenoti, Vagaro, Schedul, Phorest, Salonist etc.