Episode 3 - Building Real Profit in your Beauty Business with Laura O’Hagan
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Episode 3 - Building Real Profit in your Beauty Business with Laura O’Hagan
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Episode Summary:
In this foundational episode of Beauty and the Boss, Levarna welcomes her first expert guest, Laura O’Hagan, a chartered accountant turned business mentor and certified Profit First professional.Laura shares how bridal beauty business owners can increase profit, not just revenue by implementing the Profit First system. They dive into common pricing and cash flow mistakes, and how to take control of your finances without burning out.
🎧 You’ll learn:
- Why more revenue doesn’t always mean more profit
- How the Profit First system works and why it’s effective for beauty pros
- The most common financial mistakes in the bridal beauty industry
- What the “Profit Trio” is and how to apply it in your business
- Why growth can sometimes worsen your financial struggles
- How to price your services for real, sustainable profit
- Simple first steps to gain clarity and take back financial control
💡 Notable Quotes
“You already are managing a super complex business… far more complex than a lot of businesses out there.”
“It’s not going to change by getting more money in the door—it’s probably just going to exasperate the problem.”
“If your pricing isn’t right, if you're spending too much, and we just scale that—then all of those problems become bigger.”
📚 Resources Mentioned:
- FREE 3 Day Masterclass starting on Monday, May 19, 2025.
https://levarnabusinesscoach.mykajabi.com/book-more-brides-masterclass
- Book more Brides Artist Academy Waitlist Page
https://levarnabusinesscoach.mykajabi.com/bmb-artist-academy-waitlist
- Bridal Ad Mastery Course
https://levarnabusinesscoach.mykajabi.com/bridal-artist-collective
- Book More Brides Facebook Group
https://www.facebook.com/share/g/16M6XuHnY1/
- Profit First Benchmarks (Free Download) https://laurajohagan.com/benchmarks/
- Profit First by Mike Michalowicz
https://mikemichalowicz.com/profit-first/
Connect with Levarna:
https://www.instagram.com/levarnabusinesscoach/
Connect with Laura:
Instagram: https://www.instagram.com/laurajohagan/
Podcast Spotify: https://open.spotify.com/show/72oyeA7RpB8C6XN1mOXuce
Podcast Apple: https://podcasts.apple.com/au/podcast/prosper-and-profit/id1737309216
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