Business of Aesthetics Podcast Show podcast

The Three Treatments Quietly Losing You Money (And Why Your Busiest Room Is the Problem)

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In this episode, host Anji joins Sean M. Duncan, CPA, president and founder of SMD Consulting and Accounting and founder of Chief Proactive Advisors, to expose the gap between a full schedule and a profitable one. Sean explains why a single blended revenue number hides the service lines quietly losing money, and how top-line growth can coexist with a shrinking bank account.

Sean breaks down how to cut the P&L into three to ten revenue categories, match true costs to each service, and build toward margin per room hour by starting with revenue per room before layering in time, supplies, and overhead. He also tackles the hardest call in practice ownership: what to do when the losing service is the fully booked one, from fixing pricing and vendors to proving a loss leader actually drives the upsell.

Drawing on his own decision to walk away from two thirds of his firm's revenue, Sean lays out a phased exit plan that honors memberships and patient commitments, and warns that tax strategy left until December is strategy lost. Go deeper with Sean's book: https://a.co/d/5zJx7Hq

 

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