Hair and Beauty Salon Accounting and Back-End Support
We not only help small to medium sized salon chains keep their books beautiful, we also provide useful guidance based on insights from data. So you not only have the free time to focus on your salon but also confidence to thrive.
Accounts Payable
We act like your in-house A/P department working directly with your people, precisely coding your expenses.
Accounting Receivable
Our systems help you track and monitor and collect all outstanding receivables, we match your Point of Sales system to your Bank statements and reconcile all third party accounts.
General Ledger
Track and understand all the details that make up each and every number on your financial statement, all the way down to the sourced journal entry.
Licensing & Compliance
We take time off your hands managing, preparing and filing your companies business license and compliance filings.
Reporting
Our transparent and customized daily, weekly and monthly reporting process give you access to your numbers at all times.
Analytics
We track your Product Mix, COGS and Labor and combine sales-mix reports with your customer counts to keep track of how much you are making with each transaction.
Planning
We help you with decisions on everything from expansion or new initiatives, to sales and acquisition. Helping you predict potential liquidity problems and other issues long before they occur.
Processing
We act as your full-scale payroll department, working with every level of your organization to make sure things are running smoothly.
On-boarding
We work quickly and accurately to onboard your new team members as soon as possible. We handle I-9 and W-4’s so all you have to worry about it introducing them to the team.
Benefits
We handle workers compensation, vacation, sick days utilizing unique job codes that help you stay on top of everything.
Compliance
We make sure you are fully compliant with the ACA and all other state and federal requirements. We process your W-2s and file quarterly wage reports with the state.
Cost Management
By checking how your business is running vs how much should, we make sure you are not wasting money by over or under-spending.
Labor Scheduling
We analyze bonus structuring and help with management retention planning comparing your historical sales to your active labor costs so you can be certain you have the right number of your team staffed at all times.
Business Plans
After several decades of collective experience preparing business plans for all types of industries, we’ve learned all the ins and outs. We build and include projection forecasts for your proposed expansion so you can be confident in your plans for your concept.
Capital Raising
We get you connected to the right people and our financial input helps you build the trust you need to raise funds. Over the years we have helped our clients successfully raise more than half a billion dollars for new and existing concepts
For Your Peace of Mind
Instead of simply presenting your numbers we take the time to explain what they mean for you and your salon, giving you clarity and confidence in knowing how your restaurant is doing.
Full Service Support
We help with everything from processing an extra paycheck to helping you acquire new chains. Giving you insight into the tiniest details or your salons or zooming out to the biggest picture. We are here as a partner, providing a comprehensive support.
$500+ Million
Capital Raised
7,000+
Employees Supported Through Payroll
$500+ Million
Annual Client Revenues
- Full Bookkeeping Solution
- Maintain Recurring payments (rents, insurance, etc.)
- Full-Service Payroll Solution
- Customized Financial Reporting
- A/P Data Entry Processing
- Credit Memo Processing
- Provide Cash Requirements
- Report and A/P Aging on a Weekly basis
- New Store Analysis
- Prepare Period Financial Statements
- Product Mix
- Tip Reporting
- Discount Analysis
- Promo Analysis
- Product Margin Analysis
- Salon Productivity Reporting
- Average Treatment Rate
- Employee Retention
- EBITDA Reporting
Driving Efficiency
Saving you on Administrative Costs
Using your data, we also look for opportunities to reduce our clients administrative expenses and provide our annual Cost Savings Audit.
We review several areas of your cost structure and using our experience and network provide your with cost saving options.
Get your Business the support it deserves
Check how your business can grow up with service squared you need to let it thrive