For our Universal Hair Salons, our profit formula is SIMPLE! Profit = More Clients, Spending More Money and Doing it More Efficiently. In line with our core values, we have several strategies to attract more clients, have them spending more money and doing it more efficiently.
If we could increase our number of clients by 10% while getting clients to spend 10% more while doing things 10% more efficiently, then our profit would increase more than 30%!
I don't care who you are, 30% increase in profit is impressive! But if I was to say, I need you to increase profit by 30% this year, it would be a tad overwhelming and would be difficult to know where to start.
I am sure that if you thought about it, you could think of quite a few ways to get new clients through the door. Now do it. Simple huh?
Small focused improvements make a big difference. Big improvements scare everybody and result in things not getting done.
KEEP IT SIMPLE STUPID!