CD-ROM and workbook help owners manage and analyze business financials

Clifton Park, NY, May 11, 2010 – Milady, part of Cengage Learning and a leading provider of beauty and wellness learning solutions, has announced the availability of the Financial Analysis and Coaching Tools CD-ROM and workbook, a dynamic set of tools to help salon and spa owners track, manage and improve their business’ bottom line. 

“In this difficult economy, it is more important than ever for salon and spa owners to have a firm grasp on their business financials,” said Dawn Gerrain, president, Milady. “With the Financial Analysis and Coaching Tools CD-ROM and workbook, as well as our informative blog posts and blog talk radio segments, salon and spa owners can access trusted advice from our team of experts on how to successfully manage and market their business.”

Milady’s team of experts has worked to provide users of the Financial Analysis and Coaching Tools CD-ROM with easy, step-by-step audio tutorials and spreadsheets designed to help establish and manage a salon or spa business more effectively, as well as help the business maintain year-long profitability. The CD-ROM contains nine Microsoft Excel® spreadsheets covering a variety of business scenarios, including:

  • Pricing services for profit
  • Salon/spa productivity potential
  • Average ticket amounts
  • Station profit
  • Profit potential
  • Inventory analysis
  • Gross profit percentage
  • Weekly-monthly profit
  • Technician income potential 

Each spreadsheet can be customized by salon and spa owners to fit the needs of their business, and help owners take control of their finances and profits. Other key features of the CD-ROM include:

  • A Microsoft Excel® basics tutorial (for 2003 and 2007 editions)
  • A QuickBooks® Chart of Accounts in a printable PDF template
  • An accompanying workbook offering suggestions and directions to implement spreadsheets

For more information on the Financial Analysis and Coaching Tools CD-ROM, please visit www.milady.cengage.com. The list price for for Financial Analysis and Coaching Tools CD-ROM with workbook is $210.95.

About Milady

Milady, part of Cengage Learning, is the leading provider of beauty and wellness education and has been an industry staple for the past 80 years. Known not only as a provider of pre-licensure resources, Milady offers training and consulting nationwide in various forms for salon and spa professionals, changing the lives of tens of thousands each year. For more information on Milady, visit www.milady.cengage.com.

About Cengage Learning

Cengage Learning is a leading provider of innovative teaching, learning and research solutions for the academic, professional and library markets worldwide. The company’s products and services are designed to foster academic excellence and professional development, increase student engagement and improve learning outcomes. Cengage Learning’s brands include Heinle, Gale, Wadsworth, Delmar, Brooks/Cole and South-Western, among others. For more information on Cengage Learning, visit www.cengage.com.

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