The Ultimate 5-Step Financial Framework for Medspa Owners

Shannon discusses the importance of understanding key financial metrics, such as offer profit and operating profit, and their impact on overall business health. She introduces her five-step 'Profitable Scaling Playbook' and shares practical tips for managing cash flow and optimizing customer value.

 

Whether you're a small business owner or running a larger enterprise, this episode provides actionable advice to ensure you're not only earning well but keeping it too. Tune in to transform your financial management and build a more profitable and sustainable business.

 

This episode originally aired on Medspa Success Strategies Podcast: https://medspamagicmarketing.com/podcast/

 

What you'll hear in this episode:

[1:40] The Profitable Scaling Playbook: An Overview

[6:50] Common Financial Pitfalls and Solutions

[13:30] Marketing Strategies for Med Spas

[24:15] The Three-Visit Rule in Consumer Psychology

[28:35] Creative Discount Strategies for Customer Retention

[31:20] The Importance of Tracking and Data in Business

[33:25] Responsible Debt Management for Business Growth

[36:20] Cash Flow Management Tips for Business Owners

[40:30] Key Habits of Successful Med Spa Owners

 

Check out the Medspa Success Strategies Podcast: https://medspamagicmarketing.com/podcast/

 

Learn more about our CFO firm and services: https://www.keepwhatyouearn.com/

 

Connect with Shannon: https://www.linkedin.com/in/shannonweinstein

Watch full episodes: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ

Follow along on IG: https://www.instagram.com/shannonkweinstein/

 

The information contained in this podcast is intended for educational purposes only and is not individual tax advice. We love enthusiastic action, but please consult a qualified professional before implementing anything you learn.