Resources

After only 2 and a half months of the new Alle Rewards Program, Alle is preparing to go back to the old program as soon as February 2025. Third party sources have shared that reps are connecting with stores to share the big news, reporting less than desirable financial performance, confusion from patients, and dissatisfaction from practices regarding the shift in the program.

“Nothing is certain except death and taxes.” This famous quote by Benjamin Franklin still rings true for businesses today, including the rapidly growing medical spa industry. As a medspa owner, navigating sales tax compliance may not be the most glamorous part of your work, but it is essential to your success.Mismanaging sales tax can lead to costly penalties, disrupt your operations, and even damage client trust. To avoid these pitfalls, it’s crucial to understand how sales tax applies to your products and services and implement processes that keep you compliant. This comprehensive guide will help you get there.

Your medical spa is thriving, and now you’re considering selling your practice.....

As practice owners are searching for more ways to combat increasing costs of doing business, many have looked for ways to increase revenue to help maintain profitability....

When you’re reviewing your Profit and Loss statement (P&L), Cost of Goods Sold (COGS) or Supply Costs, and profitability of your practice you may be asking yourself, why are my supplies so high and why is my profit decreasing in my medspa?....

In the event you stay as far away from your practice bookkeeping as possible, you may not be aware of an extremely popular accounting software called “QuickBooks” by Intuit....

By now, you’ve probably heard that Alle by Allergan Aesthetics is revamping their loyalty and rewards program....

Small businesses often face significant financial challenges, from managing cash flow to planning for growth.

Hiring revenue-generating providers is one the fastest ways to grow your practice, but how do you know when (or if) it is feasible to hire?

When making a decision in your medical spa, it’s important to look at what story the data is telling you.....

With private equity interest in medical practices continuing to increase, if you haven’t already heard the terms “EBITDA” and “Adjusted EBITDA”, you soon will....

You’re thinking about hiring an aesthetic nurse injector for your practice; congratulations!...

Attention: MEDICAL AESTHETIC PRACTICE OWNERS!!!

There are many ways to measure the performance of your practice, but....

Summer is just around the corner and, if you’ve ever lived through a summer in the medical spa industry, you already know that those months are a little challenging for the business....

When exploring the realm of practice ownership there are a few things to consider when determining how to set up your business entities....

It’s a Monday Morning and you are busy running around trying to build your practice, stay productive, & profitable all at the same time....

What Happened?...

As we’re settling into the new year, the confetti has fallen, the fireworks have been set-off, we finally stop mistakenly using the wrong date, and we start thinking about the new business regulations that have become effective for the year.....

Understanding your data is essential to making smart business decisions.

In the evolving world of finance, the idea of a "Finance Aesthetic in US" is gaining prominence.....

With constant chatter about the economy, it can be hard to know the right decisions to make for your business.....

Rising interest rates are back…again?!

Med spa business owners have a lot on their plate, between scheduling, marketing, hiring, and keeping the business afloat.....

As businesses’ very own financial maven, our team member, Christin Trujillo, was invited to share what the most profitable med spas are doing in 2022 with AmSpa. Watch the video below or read on to learn how YOUR med spa can profit this year with these tried-and-true tips.

With patients to care for, employees to pay, and inventory to keep stocked, it can be tough to find time to look at your med spa finances.

As we like to say, the most important business decision you can make is understanding your finances....

Med spas with one to three locations are special.....

It’s not a comfortable experience—you’re reviewing your med spa’s recent numbers or bank account and notice a major decrease in med spa cash flow. But how did this happen?....

With all the talk about inflation and interest rates, it’s understandable that a potential recession might be looming in your mind.....

Working through the complexities of a management service organization (MSO) can be overwhelming.....

Are you a med spa or MSO owner wondering how to use finances for your success?....

What is the most important aspect of owning a business? Profitability. ...

Today it seems like Medical Spas are popping up left and right, which might have you wondering how to grow your med spa and stick out from the crowd.....

Investing in leadership in your practice likely sounds like one more task to add to the 37 other hats you’re currently wearing as a medspa owner, but it’s actually one of the most important aspects of your business....

Whether you’re thinking about selling in the near future or maybe a few years out, the more time you have to prepare your business, the better when it comes to getting the price tag that you want. Planning is everything.

When it comes to growing a business, we’re debunking the myths around debt for your healthcare practice...

Your medical spa likely began with a vision in mind.....

Medspa owners often call us asking how they can increase revenue in their practice.

Owning and operating a med spa, dental practice, or other small business mimics driving a car: it requires full visibility and a sense of direction.....

Key Performance Indicators (KPIs) are a roadmap to your med spa, dental office, or health care practice’s success.

A practice management consultant is a vital resource in reaching your business goals.

A great business usually starts with a great idea....

If you’re in the med spa industry, you’ve likely heard the acronym MSO.....

This post was originally published in the AmSpa QP and on the AmSpa Now blog....

Let’s face it. You didn’t start your business because you dream about analyzing financial statements. ...

We meet with practice owners every day who ask us to review their expenses to help them increase profitability.....

For most MedSpa owners or aspiring MedSpa owners, the primary reason for contemplating a Management Service Organization (MSO) is legal considerations. In most states, medical procedures must be performed by physicians or physician-owned organizations....

In a few weeks, we’ll all be making resolutions for the new year and the new decade.....

At Maven, we look at a business’s “data” in the same way a doctor would look at a patient’s vital signs.....

If you think your business is too small to be a target for embezzlement, think again....

When we say the word “budget” to our clients for the first time, we get one of two reactions.....

Hiring a new employee can feel like both a necessary and overwhelming task....

We recently spoke with a client who needs to hire a new business accountant.....

Here’s a frequently asked question from clients: Can I afford an expensive device for my healthcare practice?....

With so many businesses out there, it’s hard to stand out....

Bringing an associate dentist can be one of the biggest decisions a business owner can make, and it takes an adequate amount of thought, research, time, and energy to ensure you’re selecting and onboarding the right candidate.

When we initially meet with clients, creating a budget is one of our top priorities.....

Amid a booming labor market, how does a small medical practice recruit a new employee?....

Hiring a new employee for your dental or aesthetic practice is no small feat....

If you own a thriving medical spa or dental practice and are itching to take the next step, you might want to know:...

Owners of dental, aesthetic, and other small practices might have money on their mind this time of year...

There are several things to consider when we discuss how to increase your practice’s profitability.....

Opening a new practice is an exciting time for all parties involved....

What a week in the banking world. The second largest bank failure in American history. Yikes....

Keeping up with the pace of technology can be a daunting task as a provider....

As the world-famous management consultant Peter Drucker once said, “You can't manage what you can't measure.”...

Here’s the deal, y’all. Sales tax… It’s ANNOYING. But more so, it is confusing. Honestly, what tax thing isn’t confusing?...

Is your plastic surgery practice looking to increase production to drive revenue and profitability?...

As we step into 2024, practice owners are presented with a golden opportunity to reflect on their accomplishments, address shortcomings, and plan for the year ahead.....

Your Medical Spa made it through one of the busiest times of the year, the holiday season.

You’re thinking about hiring an aesthetic nurse injector for your practice; congratulations!...

By focusing on both utility and aesthetic harmony, financial partners like Maven Financial Partner are redefining how individuals and businesses interact with their financial data....

Need guidance to grow your dental practice? Our top best dental consultants in Richardson, TX offer strategic solutions in profitability, patient care, and financial stability.

In the ever-growing world of aesthetics and wellness, MedSpas have surged in popularity, providing a range of cosmetic treatments and medical procedures.....

In the fast-paced world of modern business, financial strategy is essential not just for survival but for sustainable growth....

In this article, we’ll explore how engaging a Medspa Advisor can be a game changer for MedSpa businesses in Sandy Springs.....

The healthcare industry in the United States is continuously evolving, with new regulations, technological advancements, and changing patient expectations shaping the landscape.....

Companies like Maven Financial Partners (MavenFP) offer comprehensive services tailored to support hospitals, clinics, and healthcare practices in overcoming these challenges....

In the fast-paced world of healthcare, businesses like MedSpas face unique challenges that require more than just traditional business strategies....

Running a successful medspa requires more than just expertise in skincare treatments and aesthetic procedures....

This dual responsibility can be overwhelming, especially when financial management isn’t their area of expertise.....

In today's competitive healthcare landscape, success often hinges on more than just clinical expertise....

In the competitive world of aesthetic medicine, financial stability and growth are key to success.....

Running a successful dental practice involves more than just excellent patient care; it requires savvy financial management to ensure long-term profitability and growth....

Navigating the complexities of the healthcare industry can be daunting for any medical practice, clinic, or hospital. To thrive, healthcare providers need robust financial backing and expert guidance.....

In today's competitive healthcare industry, standing out requires more than just excellent medical services.....

Running a dental practice is not just about providing excellent dental care; it's also about managing finances efficiently to ensure profitability and growth....

In the highly competitive world of aesthetic medicine, having a robust financial strategy and comprehensive insurance coverage can make a significant difference in your business's success....

Navigating the financial landscape of the Medspa industry can be a daunting task.

In today's competitive healthcare landscape, managing the financial aspects of a dental practice or medspa requires specialized knowledge and expertise.

Navigating the financial landscape can be a daunting task for medical professionals and MedSpa entrepreneurs.

In the competitive world of aesthetic businesses, staying ahead requires more than just top-notch services and skilled practitioners.

Discover how Aesthetic Medicine Fractional CFO services enhance financial health, strategic decision-making, and compliance in aesthetic practices.

In the ever-evolving world of aesthetic medicine, Medspa centers and dental practices are discovering that success hinges not just on the quality of clinical services but significantly on the strategic oversight of specialized professionals.

In the competitive realms of dental and medspa businesses, having a sharp financial strategy is not just an option—it’s a necessity.