How to Get Financing for New & Existing Salons

Undercapitalization is cited as the #1 cause of failure for companies with fewer than 500 employees, and salons are especially prone to underestimating working capital needs. You've worked hard to build your salon business and can't afford to miscalculate the next steps for growth. Come and find out how much money you need, who's lending, and how to get approved! You will learn: · How to forecast your financial needs by creating break-even analyses, pro forma profit & loss statements, and cashflow projections · The difference between leases, subleases, and mortgages… and how to choose the option that is best for your salon · Financing options for start-up costs, equipment, inventory and operating capital · How to prepare a loan package for traditional lending sources. $69 (A snack will be provided as part of your registration fee.)