Struggling to make your salon profitable? YOU can turn things around. In this episode of the Profitable Salon Owner Podcast, Kayla Swanson chats with Angie Lorenz, a salon owner who skyrocketed her profits by 19% in just nine months. Angie shares how she went from barely making ends meet to running a thriving salon business by implementing game-changing strategies that you can use too! Here’s what you’ll learn: 👉 How to implement a “Code of Honor” to align your team and boost accountability. 👉 The secret to parts and labor pricing that makes your back bar a profit center. 👉 Why “Profit First” is a must for paying yourself and growing your business. 👉 How to overcome social media comparison and reignite your passion for your salon. 👉 The tech tools and marketing strategies Angie used to streamline her operations and attract new clients. ✨ If you’re tired of feeling stuck, this episode is your roadmap to success! Get inspired by Angie’s story and start making the shifts to transform your salon into a money-making machine. 🎧 Listen now and find out how YOU can go from financial frustration to salon profitability.
Transformational Profit Growth: Angie Loren, a salon owner for 12 years, shares her story of going from operating in the red to achieving a 19% profit in just nine months.
Community Support: Joining the High-Performance Salon Academy and connecting with a community of like-minded professionals helped Angie gain clarity, tools, and strategies for success.
Code of Honor: Implementing a "Code of Honor" within her salon created a foundation of accountability, collaboration, and shared values among her team.
Parts and Labor Pricing: Adopting innovative pricing strategies like "parts and labor" transformed Angie’s back bar into a profit center, increasing profitability per service.
Profit First Mindset: Angie learned to pay herself properly by separating income streams as a stylist, manager, and salon owner, ensuring she treated her business like a business—not a hobby.
Social Media Awareness: Angie overcame the negative effects of comparing herself to others on social media, regaining focus and passion for her salon.
Leveraging Technology: Tools like Maya, Salon Ninja, and Facebook ads helped Angie streamline her operations, generate leads, and boost profitability.
Tracking and Accountability: Angie emphasized the importance of daily tracking, journaling, and accountability to maintain focus and continue her salon's success trajectory.
Team Collaboration: Empowering her team with decision-making and goal-setting improved morale, engagement, and alignment with the salon's vision.
Rediscovering Passion: Angie reignited her love for the industry by creating a work-life balance, focusing on her salon's culture, and celebrating wins with her team.