Acute Salon
Salon owners who wanted to change their business structure and get their finances/ budget organized for business growth.
The “Before”
Charli and Valerie worked together at their 8-team salon, but their business structure didn’t reflect their true partnership. It was operating as a single-member LLC under Charli. Their finances were also disorganized which led to no operating budget, overspending, and occasional conflicts.
Why HairCEO
Seeking to formalize their partnership and address their complex tax needs, Charli and Valerie wanted to work with a team experienced in the hair industry. They discovered HairCEO through social media and were impressed by the team's expertise. After booking multiple clarity calls, they felt confident that HairCEO could provide the specialized services they required. The desire to work with professionals who understood their industry and could offer responsive, tailored advice motivated them to make the switch.
Our Solution
HairCEO helped Charli and Valerie restructure their business into a true partnership. They enrolled in monthly bookkeeping services that included advisory support and tax preparation. One of their main challenges was budgeting. The HairCEO team worked closely with them to create an operating budget for the first time ever. This budget became a crucial tool in avoiding overspending and provided a clear financial roadmap for their business. By having both partners agree and sign off on the budget, they minimized conflicts and ensured they were aligned on financial decisions.
Things We Did
The End Result
Today, Charli and Valerie are operating smoothly as business partners with a clear financial strategy. They are diligently following their operating budget, which has not only helped them control spending but also strengthened their partnership by reducing financial conflicts. They are in the midst of a six-figure move and renovation project into a larger space, positioning their business for significant growth. With their improved financial management and HairCEO's ongoing support, they are on track to hit $1 million in revenues within the next three years.
Their journey highlights the impact of specialized financial services and how partnering with industry experts can drive a business toward unprecedented success.
“Jenn was everything I needed for this process”
Ready to get support & results like this?
