Why 50% Commission is Bad for Business and Other Team Building Tips
On today\u2019s episode, I\u2019m sharing with you an Instagram live I did in response to a salon owner who was struggling to find any decent talent for less than 50% commission and I also share WHY 50% commission is detrimental to the long term success of your business.
If you have a team or you\u2019ve ever considered building out a team to work under you - this episode is a must-listen!
If you\u2019re interested in joining the Momentum Mastermind where I will coach you and a small group of fellow salon owners in the steps to hiring, onboarding, and managing a team profitability and legally - hit me up in the DMs on instagram @thelashpreneur
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Episode Highlights:
[1:57] - The financial ramifications or benefits that come with building out a team
[7:12] - The reason why 50% commission is a thing in our industry
[14:17] -Why having a clear vision statement is essential for your business growth\xa0
[19:58] -The relevance of understanding business finances to ensure a great amount of profit
[33:40] - What you'll get from joining the Momentum Mastermind