Welcome to The Lash and Legacy Podcast! If you’re a lash artist or beauty entrepreneur determined to build more than just a business, you’re in the right place. Hosted by Jenna Carroll, lash business consultant and strategic thought partner, this podcast dives into what it really takes to grow a thriving salon that’s focused on wealth, impact, and leaving a legacy.
In each episode, we’ll explore actionable strategies for scaling your business, insights into today’s consumer behavior, and success stories from industry leaders. Beyond just technical skills, we’ll talk about the operations of a beauty business and your role as the leader in- building deep client relationships, understanding the psychology of your customers, marketing and branding, clientele management, team building and people development, and more!
Join us to gain the tools, insights, and inspiration to elevate your lash business and make your mark on the beauty industry. Get ready to turn your vision into a legacy!
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Welcome to The Lash and Legacy Podcast! If you’re a lash artist or beauty entrepreneur determined to build more than just a business, you’re in the right place. Hosted by Jenna Carroll, lash business consultant and strategic thought partner, this podcast dives into what it really takes to grow a thriving salon that’s focused on wealth, impact, and leaving a legacy.
In each episode, we’ll explore actionable strategies for scaling your business, insights into today’s consumer behavior, and success stories from industry leaders. Beyond just technical skills, we’ll talk about the operations of a beauty business and your role as the leader in- building deep client relationships, understanding the psychology of your customers, marketing and branding, clientele management, team building and people development, and more!
Join us to gain the tools, insights, and inspiration to elevate your lash business and make your mark on the beauty industry. Get ready to turn your vision into a legacy!
Your Beauty Business Finance Besties: Systems, Wealth, and Financial Strategy w/ The Summa Collective
The Lash and Legacy Podcast
54 minutes 38 seconds
11 months ago
Your Beauty Business Finance Besties: Systems, Wealth, and Financial Strategy w/ The Summa Collective
As 2024 comes to a close, it’s the perfect time to reflect on your financial habits and set proactive goals for the upcoming year. In this episode of Lash & Legacy, Jenna welcomes Kristi and Jolene of The Summa Collective—your beauty business finance besties! With over 30 years of combined experience in finance, they share their expertise in modern bookkeeping, payroll, and tax services tailored to the beauty industry. Whether you're a solo artist, salon owner, or aspiring entrepreneur, this conversation is packed with actionable advice to elevate your financial wellness.
What You’ll Learn in This Episode
Why Financial Wellness is Key to Salon Success
Breaking Down Cash Flow Management
Overcoming Common Financial Challenges
The Impact of Financial Systems on Preventing Burnout
W2 vs. 1099: Clearing the Confusion
Steps to Offering Team Benefits
Listener Q&A Highlights
“What revenue do I need to offer benefits like PTO?” – The Summa Collective emphasizes the importance of profitability over revenue when planning to implement team perks.
“How do I determine commission split percentages?” – They discuss balancing profitability with competitive compensation and why a flat 50% commission isn’t always the best move.
Connect with The Summa Collective
Free Guide to Chair Profitability
Book a Free Consult Call
Follow on Instagram
Join the Email List
Actionable Next StepsIf this episode resonated with you, take a moment to:
- Join the list for Jenna’s free December masterclass
- Read W2 vs. 1099 Tax Compliant Info from the IRS
https://www.irs.gov/businesses/small-businesses-self-employed/independent-contractor-self-employed-or-employee
- Follow Kristi and Jolene to access financial insights tailored to the beauty industry.
- Share this episode with your beauty business besties who want to start 2025 with a strong financial foundation!
The Lash and Legacy Podcast
Welcome to The Lash and Legacy Podcast! If you’re a lash artist or beauty entrepreneur determined to build more than just a business, you’re in the right place. Hosted by Jenna Carroll, lash business consultant and strategic thought partner, this podcast dives into what it really takes to grow a thriving salon that’s focused on wealth, impact, and leaving a legacy.
In each episode, we’ll explore actionable strategies for scaling your business, insights into today’s consumer behavior, and success stories from industry leaders. Beyond just technical skills, we’ll talk about the operations of a beauty business and your role as the leader in- building deep client relationships, understanding the psychology of your customers, marketing and branding, clientele management, team building and people development, and more!
Join us to gain the tools, insights, and inspiration to elevate your lash business and make your mark on the beauty industry. Get ready to turn your vision into a legacy!
