Could this be the best time to buy or sell a Hair Salon?
End of financial year approaches! Now is the time to do some tax planning and decide if you want to sell/buy this financial year or next. Most businesses which are under contract now, will settle in the next few weeks and it is an excellent time to chat to your accountant to find out what is the best strategy for you. There are some great bargains ready to move now, so if you are in the market for a new salon, it’s time to act now! June STOCKTAKE Strategy.Time to get your stock in order. The best thing to do is print off a report from your salon computer systems to see what stock is selling and what is not. Then make a decision to package up the non performing stock, and create value packs with the high performing stock. – Sell off non-performing stock – and put extra cash back into your bank account. Look carefully at your range of products and ask yourself what is going to sell over the next six months – and what is unlikely to sell. If it won’t sell – get rid of it! Cheers John Kasapi 0422930549 Australian Business Brokers Of The Year Australia’s Leading Salon & Spa Sales Specialist