Economic basics of beauty business

In this module, you will learn about economics knowledge that is important for building a business, planning, and achieving optimal efficiency in the use of human resources and business finance.

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The economic module of the beauty business is divided into subcategories. Each subcategory is 8 academic hours long. You can register for the training by phone: +370 652 31979, e-mail p .: info@provansokvapai.lt

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I. The Basics of the Beauty Business

1. Why economic knowledge can help build a successful and sustainable business;

2. SPA business planning, why planning is necessary;

3. A great beauty professional does not guarantee a successful business;

4. Market evaluation;

5. When to buy premises and when to rent;

6. Spa beauty salon insurance and its types, is it necessary?

7. PRACTICAL WORKS AND EXAMPLES

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II. Concept and definition of costs

The phrase is often heard among businesses: "what we earn, we spend." It is in this sub-module that we will look at the costs where the money is spent. What are our main costs (expenses) without which the activities of a spa and beauty salon cannot simply function. When is it worth spending more and earning more, and where are the places where we can act economically and economically. This sub-module defines cost information.

1. SPA salon cost classification;

2. Importance of costs, planning and control;

3. Cost management in creating value;

4. Cost estimation, planned and estimated costs;

5. PRACTICAL WORKS AND EXAMPLES

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III. Property

1. Non-current assets, their division;

2. Employees and your knowledge - is it an asset? When do you really need to hire an employee?

3. Calculation of return on assets and employee turnover;

4. Inventory, stocks and their maintenance;

5. PRACTICAL WORKS AND EXAMPLES

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IV. Value, price and profit

1. Value creating service;

2. Value-creating costs;

3. Service pricing, how to determine the real price of services; 4 pricing methods;

4. Is what we earn is our profit;

5. When do we start earning. The main indicators that help to evaluate the performance of the SPA beauty salon: break - even point, return on assets, liquidity of assets, ROI (Return on Investment) - (return on investment);

6. PRACTICAL WORKS AND EXAMPLES

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V. Budgeting

1. Budget definition;

2. Benefits of budgeting and planning;

3. Practical examples of budgeting;

4. Cost savings and operational optimization;

5. Why is planning necessary?

6. Allocation of working time and procedures;

7. PRACTICAL WORKS AND EXAMPLES

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MODULE PRICES

The price of one module is 99 eur. For those registered by October 30th. the price of the module will cost you only 69 eur! Training is provided at the luxurious 5 * Radisson Blu Royal Astoria Hotel. The training price includes: coffee break.

The training is led by the lecturer, Erika Daugėlaitė.

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Upcoming seminars:

Economics module for beauty business

• November 9 - 11 a.m. Basics of Business Beauty (8 academic hours). Venue: Radisson Blu Royal Astoria Hotel - conference hall, Didžioji str. 33, Vilnius

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Marketing module for beauty business

• November 12 - 11 a.m. Basics of Marketing for Beauty Business Part I (4 academic hours) Venue: Radisson Blu Royal Astorija Hotel - Conference Hall, Didžioji str. 33, Vilnius

• November 13 - 11 a.m. Basics of Marketing for Beauty Business Part II (4 academic hours) Venue: Radisson Blu Royal Astorija Hotel - Conference Hall, Didžioji str. 33, Vilnius

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Hot stone massage training

• November 10 - 11 a.m. to 3 p.m. Hot stone massage training Part I (4 academic hours) Venue: Radisson Blu Royal Astoria Hotel - conference hall, Didžioji str. 33, Vilnius

• November 11 - 11 a.m. to 3 p.m. Hot stone massage training Part II (4 academic hours) Location: Scents of Provence Town Hall SPA, Didžioji str. 33, Vilnius