Profit vs Revenue

by Pam Stellema

Learn how to differentiate between profit vs revenue in your salon or spa.

Module Lead-in:

This Profit vs Revenue information module is not a long one, but it is an important one.

Many salon owners chase high revenue (also referred to as turnover or earnings) in their salons in the mistaken belief that high revenue will automatically also mean high profits. It doesn’t.

This belief can lead them to make decisions that will certainly make their salons very busy but may end up resulting in a loss situation...

Overview:

Many business owners confuse revenue with profit but they are NOT the same thing.  This confusion negatively affects the way they market their services and in turn, leads to loss-producing promotions and treatments.

If you're not clear on the difference between the two, then this short module is a must-have for you.

This module includes a PDF document outlining:

  • Let's clear up the confusion.
  • What is revenue vs profit?
  • Why does knowing the difference matter?

Included resources are:

  1. Profit vs Revenue Wall Chart

Pages: 7

🙂 This module is also available as part of the value Package - Business Essentials

Price: $10.00

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