Milady RISE Certification in Finance Fundamentals

By Milady and Steve Gomez

Every beauty professional wants to increase their bottom line and have a truly profitable business. Learn how to read financial statements and adapt them to your salon or spa, set your key performance indicators (KPIs) to identify areas in your business that you can control, learn the three ways to increase your top-line revenue, and understand why you should consistently raise your prices as a beauty and wellness professional.

Price: $99.95
Duration: 4.5 hours
Length of Access: 60 days
  • Thrive in Your Career

    This course's interactive activities, engaging videos, and fun quizzes will take your knowledge to the next level.

  • Learn At Your Own Pace

    You'll have access to this class for 60 days. Stop and start as your schedule allows. Don't worry—your progress will be saved.

  • Embrace Real Results

    You'll be able to apply what you learn right away in your day-to-day world. Get ready to experience real results.

What to Expect

These courses will take you through the following:

Defining a Profit & Loss Statement and Balance Sheet

How to Make Your Profit & Loss Statement Salon/Spa Specific

Understanding Your Cash Flow

Retail and Back Bar Inventory

Different Types of Payroll

Gift Card Management

How to Utilize Marketing to Reach KPIs

How to Acquire New Clients

Increase What Your Clients Spend

Increase Client Frequency

Why Should You Raise Prices?

What is Stopping You From Raising Prices?

When is the Best Time to Raise Prices?

How Should You Communicate Price Changes?

About the Presenter

Steve Gomez

Steve’s experience as a business coach and trainer spans over 25 years. He has coached over 450 salons to accelerate growth & profits! He has delivered over 850 trainings and seminars to over 400,000 people in the United States and internationally in countries like Ireland, Russia, Canada, Italy, Mexico, Colombia and Puerto Rico. He has written two eBooks, Financial Fitness: Systems to Increase Profitability in Your Salon or Spa and Interdependent Leadership: Creating a Salon Culture of Inclusive Growth.

For more information about Steve beyond this course, please visit his website. You can also read his bi-monthly blog or contact him directly at [email protected]. Be sure to follow @SalonCoachSJG on Instagram and Twitter.
Steve Gomez

Get Milady RISE Certified in Finance Fundamentals and understand how to run a truly profitable business!

FAQs

  • Why should I take the Milady RISE Certification in Finance Fundamentals

    As a professional (or future professional) in the beauty industry, I'm sure you value running a profitable business. This is an incredibly important topic, and we can help.

  • Do I get a certificate of completion?

    After each course, you'll get a certificate of completion to show your CE hours. When you complete all four of the courses, check your dashboard for a course called, "Finance Fundamentals." This is where you can download your Milady RISE Certificate in Finance Fundamentals.

  • How long does it take to get certified?

    The Milady RISE Certification in Finance Fundamentals takes approximately 4 hours to complete. Each course is approximately one-hour, and each course concludes with a final exam.

  • How much does this certification cost?

    This certification costs $99.95.

  • Is there a final exam?

    Each exam is “served up” to you automatically after you complete each course. You can choose to take it right away, or you can wait until a convenient time. That said, we encourage you to take each exam as soon as you complete a course. You must achieve a 70% score on EACH final exam to pass and become Milady RISE Certified in Finance Fundamentals. If you fail an exam, you can retake it.

  • Does this certification expire?

    Nope! Once you're Milady RISE Certified in Finance Fundamentals you have the basic knowledge of running a truly profitable business—and you'll keep that knowledge throughout your entire career!

  • Does this count as credit towards my Master Educator Certification?

    No, this course does not count as credit towards your Master Educator Certification.

  • Once I complete all 4 courses, how do I download my Milady RISE Certification in Finance Fundamentals?

    After you've completed all four courses, to download, print or share your Milady RISE Certification in Finance Fundamentals, follow these steps:
    1. Sign in to your Milady Training account
    2. Navigate to “My Dashboard”
    3. You should see a course called “Finance Fundamentals,” please click into that course
    4. Read the paragraph and click “Complete & Continue”
    5. You will now be able to download your certificate in the upper left-hand corner, or navigate to the “Certificates” page under “My Account”
    If you have any additional questions after following the steps above, please submit a ticket at support.cengage.com, using problem type, "Course Support," and follow the on-screen instructions.