Milady RISE Certification in Finance Fundamentals
By Milady and Steve Gomez
Duration: 4.5 hours
Length of Access: 60 days
Think you already know enough of this content to pass the exam? Click here.
By Milady and Steve Gomez
This course from Milady & Steve Gomez will support salon & spa owners and professionals to learn about financial statements and how to organize them, so they are salon/spa specific.
This course from Milady & Steve Gomez teaches salon/spa professionals what Key Performance Indicators (KPIs) are. It helps them to identify areas in their business that they have control over and gives them steps to take to improve these areas.
This course from Milady & Steve Gomez will help identify three different ways you can increase your revenue, and support salon & spa professionals with their focus on sales growth.
Are you afraid of raising your prices? This course from Milady & Steve Gomez will show you how and why you should raise your prices consistently as a beauty professional.
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?
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.
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.
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.
This certification costs $89.95.
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.
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!
No, this course does not count as credit towards your Master Educator Certification.