144 Inflation and the Looming Recession: What should salon owners do to be prepared?

I've had a few questions recently from listeners regarding inflation, the looming recession, how they are impacting the hairdressing industry, and what I believe salons should be doing to counteract it.

In this episode, I dive in and explore what the implications are for the salon industry (and for small businesses in general) as many countries experience the worst inflation in over 40 years… To say it’s new territory for many business owners is an understatement!

The 3 main topics that I cover in this podcast are:

• What are the lessons we have (hopefully) learned from Covid?
• The importance of understanding where you and your business are from a financial perspective at any point in time.
• How do we, as small business owners, navigate the financial road ahead?

For full show notes, links and resources mentioned visit: https://growmysalonbusiness.com/podcast/144/

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**Do you know your salon's break-even point right now? Most salon owners don't. Take the free 60-second Reality Check and find out exactly where your business stands. 

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