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: $95.95
Duration: 4.5 hours
Length of Access: 60 days

Think you already know enough of this content to pass the exam? Click here.
  • 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.

Already know this information?

If you feel like you already know everything there is to know about finance fundamentals, you can just skip right to the exam and bypass the four courses. If you pass, you'll get your Milady RISE Certification in Finance Fundamentals.

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 info@stephengomez.net. 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.

  • How long does it take to get certified?

    The Milady RISE Certification in Finance Fundamentals takes approximately 4.5 hours to complete. Each course is approximately one-hour, and the certification concludes with a final exam.

  • What is the final exam like?

    The final exam can be taken before you've completed the courses, after you've completed one, two, etc. You can take the exam whenever you feel ready. With that being said, we encourage you to take the exam after taking all four of the courses.

    The exam will consist of questions from all four courses. It will consist of 40 questions and you need a 75% to pass. You can retake the exam as many times as needed.

  • How much does this certification cost?

    This certification costs $89.95.

  • Do I have to take these courses if I feel confident that I already know this content?

    If you feel like you already know everything there is to know about finance fundamentals, you can just skip right to the exam and bypass the four courses. If you pass, you'll get your Milady RISE Certification in Finance Fundamentals.

    Click here to purchase the exam only.

  • 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.