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9 Tips for Creating the Best Odds for Success

Bill McBean September 2013 issue of Skin Inc. magazine
Finance

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Don’t waste another second: Start planning out the profit-generating moves you can make for your skin care facility. There are always some certainties as you look into the future—you know your best competitors will work to become more advanced, your clients will demand more, and you’ll have to work smarter and harder every day to improve your bottom line. By putting a plan in place right now, you can seriously increase your chances for success.

1. Evaluate your leadership. If you don’t improve the skills of your leaders, there is little chance your business will grow. In order to have an effective team, your business first has to have effective leadership, and this starts at the top.

2. Do a top-to-bottom walk through of your systems and procedures. Examine which processes are working, which need to be improved and which are outdated, existing only because it’s the way it’s always been done. Your inventory has to change with the market, as do your pricing policies—treatments and products that sold well a year ago may have little demand today.

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