Whether you’ve been running a medical spa for years or you’re just starting out, disruptions are inevitable. From economic downturns to regulatory changes and team challenges, the key to long-term success is being prepared.
By registering for this complimentary webinar, you will be creating an account on Medspa Biz University where you can gain access to other business webinars to help you elevate your success.
By registering for this complimentary webinar, you will be creating an account on Medspa Biz University where you can gain access to other business webinars to help you elevate your success.
HOW TO PREPARE
Now is the Time to Know How to:
Assess your business for strengths and weaknesses
Prepare financially for market shifts & disruptions
Identify risks that can hurt your MedSpa—and how to prevent them
Create a bulletproof plan for stability & growth
Implement a strategy you can start using today
1. Understanding The Current Conditions
What's Happening in the Industry Right Now?
- Inflation & rising costs in the aesthetics industry
- Increased competition & market saturation
- Regulatory challenges & compliance risks
- Labor shortages & hiring struggles
- Social media & marketing changes affecting visibility
Write your awesome label here.
2. Business Assessment - Identifying Your Strengths & Weaknesses
Key Questions to Ask Yourself
- Do you have strong business systems & processes in place?
- Are you tracking & analyzing your key performance indicators?
- Is your team fully trained and capable of scaling your business?
- How much of your revenue is recurring vs. unpredictable?
- Are you dependent on one or two main services to generate income?
Write your awesome label here.
3. Financial Health - Ensuring Long-Term Stability
Your Financial Safety Checklist:
Do you have 3-6 months of cash reserves for emergencies?
Are your profit margins healthy across all treatments?
Do you track cost-per-treatment to ensure maximum profitability?
Have you diversified revenue (e.g., memberships, retail, wellness, enhancements)?
Are you pricing services strategically?
🚀 Action Step
Identifying Possible Disruptions & Their Impact
Write your awesome label here.
Economic downturns impacting discretionary spending
Write your awesome label here.
Increased competition leading to lower pricing wars
Write your awesome label here.
Employee turnover affecting service quality
Write your awesome label here.
Legal or compliance issues leading to fines or lawsuits
Complimentary Webinar
Register Now & Receive a Protection and Growth Implementation Plan