Course Description

Whether you're yet to start your training or you've been in business for years, this workshop will get you up to speed on literally EVERYTHING you need to know to take your next step with the right foot.

We'll teach you how to choose a business structure, probably sole trader or limited liability company, set up your banking, find an accountant, purchase accounting software, and set up your insurance.

You can watch our Salon Success workshops in any order but our recommended order makes this #4 of 12.

Educator

Penny Lawler

Penny Lawler has combined her two passions - teaching and the beauty industry - into an extremely successful career. She began working in adult education in 2006 and qualified as a Nail Technician a year later. In 2011 she took the leap to make nails her full time job and it was a natural progression to include education within that role. Between 2011-2016 she built 4 successful businesses, all within the beauty industry - the very first of which was a nail salon that went from zero clients in a spare bedroom to 300 clients and several staff in 18 months. "With 9 years’ industry experience including 5 years running a school for Nail Technicians I see, on a daily basis, a steady stream of women who are drawn to our industry by passion BUT so many struggle after graduation, lacking the skills to turn their qualification into a viable business." Penny now shifts her focus to mentoring others in the industry and turning passion into profit.

Course curriculum

  • 1

    Setting up a Business From Scratch

    • Types of Businesses - Sole Traders

    • Types of Businesses - Partnerships

    • Types of Businesses - Limited Liability Companies

    • Examples of the Email and Text Reminders for your Annual Return

    • Types of Businesses - Limited Liability Companies: Useful Links

    • Being the Director of a Company

    • Banking and Taking Payments

    • Accounting and Record Keeping

    • Accounting and Record Keeping: Useful Links

    • Tax Return Deadlines for Easy Reference

    • Q&A: Claiming Your Course Fees as a Business Expense

    • Insurances

    • Lauren's Experience With ACC

    • Up Next -