Cost Of Living

Struggling with the cost of living? Check out these 5 tips for beauty businesses

By Guest Writer | 27 September 2023

Financial expert at Money.co.uk Business Insurance, Cam Jaques, provides advice on how beauty business owners impacted by the cost of living crisis can save money… 1. Be creative with marketing You can advertise your business and spread awareness for next to nothing. Word of mouth is still a great way…

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Nails Money Exposure

‘Free exposure’ doesn’t pay the bills… or does it?

By Katie Barnes | 23 August 2022

If you’re a creative of some kind, whether a nail tech, educator or content creator, then you’ve probably come across the offer of exposure for free work. More often than not, this request comes from a successful, well established individual or business. The paradox is, if they are so successful,…

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rishi sunak 2

Spring Statement 2022: What it means for nail & beauty businesses

By Helena Biggs | 23 March 2022

Today (23 March), Chancellor Rishi Sunak unveiled his Spring Statement to Parliament, with a number of actions to help support households and businesses. The Statement reads: “The invasion [of Ukraine] has created significant uncertainty in the global economy, particularly in energy markets. The sanctions and strong response by the UK…

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boddice accounting

Struggling with your beauty business accounts? Boddice can help!

By Helena Biggs | 1 October 2021

Do you seek financial clarity, advice and solutions for your business? Vicki Boddice has set up Boddice Accounting to offer just that – and she focuses on small business owners, health and beauty pros. “I worked in the financial sector for 16 years specialising in insolvency, so I witnessed the…

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Profit Loss Ria Jaine

How to keep your business finances on track

By Guest Writer | 27 May 2021

Ria-Jaine Lincoln aka The Beauty Accountant, shares top tips for keeping on top of your beauty business finances… It has been so great to see the industry get excited and ready to re-open and now is the perfect time, at the start of the financial year and in a fresh…

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Money Beauty Salon Funds Hands Canva

Money Matters: How to protect your nail business & plan recovery

By Guest Writer | 29 April 2021

Ria-Jaine Lincoln, aka The Beauty Accountant, reveals how you can capitalise on a boom in clients and protect, enhance & manage your future wealth… Now the beauty industry has reopened, it can be easy to push bookkeeping and accounts to the side. However, you do not want to miss the…

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Woman Finances Stressed Money

Hair & beauty businesses ‘£41,000 out of pocket’ by end of 2021

By Helena Biggs | 18 February 2021

Hair and beauty businesses saw up to 57% loss in turnover in 2020, according to a report by the NHBF and independent economic analysts, Pragmatix Advisory. It also predicts that businesses will be out of pocket £41,000 on average because of the pandemic by the end of 2021, with the…

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Business Strategy Accounts

Here’s your 10-point beauty business plan for 2021

By Guest Writer | 7 January 2021

Ria-Jaine Lincoln, an accountant that specialises in helping beauty businesses, shades 10 points to consider to help navigate challenges in 2021 and aim for success… The start of a new year is usually the time when people focus on their business and personal goals. Many speak of starting new diet…

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Money Worries Woman Anxious

Confused about financial support amidst coronavirus? The NHBF outlines what’s available

By Guest Writer | 5 November 2020

As England dives into a second national lockdown, the National Hair & Beauty Federation (NHBF) is continuing to lobby for further support for hair and beauty businesses. The industry body is pushing for a reduction in VAT to 5%, further business rates relief, an extension to eviction protection from landlords…

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Untitled Design

Mintel releases report on how the beauty industry survives a recession

By Sophie Nutt | 9 July 2020

Global market research provider, Mintel, has revealed the ‘How the beauty industry survives a recession’ report following the effect that the Covid-19 pandemic has had on the economy. In May the Chancellor of the Exchequer told the House of Lords Economic Affairs Committee that the UK was facing a “severe…

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