Medspa Closures Here’s the hard truth: MedSpas close because owners don’t understand what it takes. Time and again, we’ve seen the following scenarios: ❌ Investment firms see the potential and buy these businesses without knowing the ins and outs of the industry. ❌ Passionate estheticians decide to branch out on their own without knowing the investments needed. ❌ Successful small spas try to scale without the proper support in place. We love that the industry is gaining such momentum, but there are a few things potential MedSpa owners need to consider before opening up shop: ✅ Are you ready to make significant investments? We hear from so many owners; they just had no idea how much it would cost to open a spa with top-of-the-line machines. ✅ Are you willing to start small? Even with enough investment, it’s much smarter to start small and build up from there, but not everyone is willing to do that. ✅ Do you have clientele just waiting for you to open the doors? If you don’t have a list of eager buyers, you are going to have to work hard to build that list and not everyone has the capacity to do that. ✅ Does your staff have the proper training to drive sales? Without an engaged staff that’s eager to help with sales, you’re just crossing your fingers that sales will be made. ✅ Do you have SOPs in place to ensure compliance? If you don’t have SOPs, you really shouldn’t open the doors—it’s just too risky. But oftentimes, owners think this is an area they can work on later. Opening a new MedSpa is not easy, and there are a lot of considerations that owners don’t think of. But when done right, opening a MedSpa can be incredibly profitable. The reason Laura Jeannette and Co. exists is to help owners tackle all those considerations so they can run an exceptional, lucrative business and avoid closure. #WomenEntrepreneur #MedSpaInnovation #MedSpa
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CEO at Laura Jeannette & Co, and Laura Jeannette Aesthetics | Next-level business consultant scaling medical aesthetics practices | 2x Founder | Award-winning expert aesthetician | Keynote speaker
Medspa Closures Here’s the hard truth: MedSpas close because owners don’t understand what it takes. Time and again, we’ve seen the following scenarios: ❌ Investment firms see the potential and buy these businesses without knowing the ins and outs of the industry. ❌ Passionate estheticians decide to branch out on their own without knowing the investments needed. ❌ Successful small spas try to scale without the proper support in place. We love that the industry is gaining such momentum, but there are a few things potential MedSpa owners need to consider before opening up shop: ✅ Are you ready to make significant investments? We hear from so many owners; they just had no idea how much it would cost to open a spa with top-of-the-line machines. ✅ Are you willing to start small? Even with enough investment, it’s much smarter to start small and build up from there, but not everyone is willing to do that. ✅ Do you have clientele just waiting for you to open the doors? If you don’t have a list of eager buyers, you are going to have to work hard to build that list and not everyone has the capacity to do that. ✅ Does your staff have the proper training to drive sales? Without an engaged staff that’s eager to help with sales, you’re just crossing your fingers that sales will be made. ✅ Do you have SOPs in place to ensure compliance? If you don’t have SOPs, you really shouldn’t open the doors—it’s just too risky. But oftentimes, owners think this is an area they can work on later. Opening a new MedSpa is not easy, and there are a lot of considerations that owners don’t think of. But when done right, opening a MedSpa can be incredibly profitable. The reason Laura Jeannette and Co. exists is to help owners tackle all those considerations so they can run an exceptional, lucrative business and avoid closure. #WomenEntrepreneur #MedSpaInnovation #MedSpa
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"Unlock Profits and Propel Your MedSpa to Success with Janice Simpson Professionals Aesthetics Profits Genius Systems! 🔮✨ Ready to elevate your MedSpa game to unprecedented heights? Look no further than Janice Simpson Professionals Aesthetics Profits Genius Systems. Our cutting-edge approach to MedSpa marketing and sales redefines the industry standards, paving the way for a futuristic business model that guarantees immediate results and exponential growth potential in the long run. By harnessing the power of technological advancements and operational efficiency, we empower practices like yours to attract, engage, and retain more patients seamlessly. Say goodbye to outdated methods and hello to a new era of modern marketing strategies tailored to skyrocket your revenue and profits. Join us on this transformative journey as we navigate the MedSpa landscape with unparalleled vision and expertise. Don't just keep up with the trends – set them! Elevate your practice, enhance your profits, and secure a prosperous future with Janice Simpson Professionals Aesthetics Profits Genius Systems. Are you ready to revolutionize your MedSpa business? Let's make it happen. #MedSpaMarketing #SalesInnovation #FutureOfAesthetics"
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Medical Spa Leader in Operations, Marketing, and Finance | Industry Speaker | Published Author | 2020 : 2022 : 2024 Inc. 5000 list
Have you ever found yourself in a situation where despite increasing revenue, you’re still struggling to pay your bills? This dilemma is more common than you might think, especially for those transitioning from an employee mindset to entrepreneurial ventures, particularly in industries like medspa services. Imagine this: you’re caught up in the allure of opening your own medspa. The vision is crystal clear in your mind—the elegant office space, plush furniture, state-of-the-art laser equipment, and enticing retail offerings. But here’s the catch: you’re envisioning it all through the lens of an employee, with little consideration for profit planning. It’s akin to buying your first diamond ring, where you instinctively opt for the largest carat size without fully understanding its value or implications. This analogy perfectly encapsulates the pitfalls many aspiring entrepreneurs face when diving into the medspa industry without a solid business strategy. Don’t miss the Practice Management Round Table at Medical Spa Show 2024 on Sunday, April 14th: Collaborate with other med spa owners and practice managers in this dynamic round table setting where you, as a medical spa practice manager/owner, will dive into open discussions on these three crucial business topics. Register to attend MSS24 today! Cathy Christensen American Med Spa Association #medspa #practicemanagement #business #growthmindset
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#1 Best Selling Author | CEO & Founder of the Paul Gough Physio Rooms | International Speaker and Business Coach | Helping Private Practice Owners Succeed | paulgough.com
Just 3 weeks until I’m back on stage at PPM LIVE for our Marketing & Sales Super Conference for ambitious physio clinic owners... And here are just SEVEN massive areas of opportunity for your clinic when you attend: ✅ How To Survive The Digital Marketing Revolution ✅ Discover The Very Latest Social Media And Website Updates For 2024 ✅ The AI Advantage For Better Marketing ROI, Streamlined Systems, And Better Ranking Websites ✅ How To Price Your Practice For Higher Profits Even If The Economy Is Bad, And Inflation Is High ✅ Strategies To Build The Best Team That You Trust, Can Delegate To, And Allow You To Work Less ✅ Creating A Time Revolution In Your Life So You Can Spend More Time With Your Kids, And Go To Their Games On Weekends ✅ How To Sell Confidently And Ethically At Much Higher Prices Plus so much more... And if you buy your SILVER ticket in the next 3 days, you can save a massive $800 to cover your hotel and travel expenses. Get your ticket now (BEFORE the PRICE RISE) at www.ppmlive.uk.com #paulgough #thepaulgoughshow #mindset #success #growth #business #marketing #sales #physio #physiotherapy #physiotherapist #physicaltherapy #physicaltherapist #pt #privatepractice #physiofunnels
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Just 3 weeks until I’m back on stage at PPM LIVE for our Marketing & Sales Super Conference for ambitious physio clinic owners... And here are just SEVEN massive areas of opportunity for your clinic when you attend: ✅ How To Survive The Digital Marketing Revolution ✅ Discover The Very Latest Social Media And Website Updates For 2024 ✅ The AI Advantage For Better Marketing ROI, Streamlined Systems, And Better Ranking Websites ✅ How To Price Your Practice For Higher Profits Even If The Economy Is Bad, And Inflation Is High ✅ Strategies To Build The Best Team That You Trust, Can Delegate To, And Allow You To Work Less ✅ Creating A Time Revolution In Your Life So You Can Spend More Time With Your Kids, And Go To Their Games On Weekends ✅ How To Sell Confidently And Ethically At Much Higher Prices Plus so much more... And if you buy your SILVER ticket in the next 3 days, you can save a massive $800 to cover your hotel and travel expenses. Get your ticket now (BEFORE the PRICE RISE) at www.ppmlive.uk.com #paulgough #thepaulgoughshow #mindset #success #growth #business #marketing #sales #physio #physiotherapy #physiotherapist #physicaltherapy #physicaltherapist #pt #privatepractice #physiofunnels
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🚀 Ready to Take the MedSpa Industry by Storm? 💰 Did you know the average MedSpa generates around $1 million annually? Imagine owning not just one, but multiple profitable locations across the country! 💡 Here’s How the Top Chains Are Winning: 1️⃣ Skin Laundry – 30+ locations, specializing in laser treatments. 2️⃣ Ideal Image – 150+ locations with diverse services, pulling in over $100M annually. 3️⃣ Massage Envy – 1,000+ locations offering MedSpa services in addition to their core business. But we’re thinking even bigger. IceFit Studio MedSpa is poised to become the #1 MedSpa chain in the U.S. with an ambitious plan to open 3,000 locations nationwide. We’re offering a unique investment opportunity to be part of this incredible growth. 🔹 Why IceFit Studio? • Innovative services like BioSculpt, BioFat Freeze, and RxBioBoost Weight Loss Shots. • A scalable business model designed for rapid expansion. • Potential to generate $1M+ per year with multiple locations. 💡 Ready to Explore the Opportunity? Let’s connect and discuss how you can be a part of the next big thing in the wellness industry. 📞 Call 1-833-ICE-FITS or go to www.icefitstudio.com to learn more and see if this opportunity aligns with your business goals. #MedSpaBusiness #WellnessIndustry #InvestmentOpportunity #GetIceFit
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CEO and founder of Projected Growth Consulting, Successful med spa owner, accomplished author, a national speaker and a proven med spa business consultant. Successfully supported 5000+ practices in increasing revenue.
Starting a med spa can be challenging! But did you know that working with a consultant can massively increase your revenue? If you're considering starting your own med spa, there are a few things you should know before getting started. #medspa #medspaowner
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CEO at Laura Jeannette & Co, and Laura Jeannette Aesthetics | Next-level business consultant scaling medical aesthetics practices | 2x Founder | Award-winning expert aesthetician | Keynote speaker
No one likes a know-it-all; in school, at work, and in the MedSpa world. One mistake we see MedSpa owners making is trying to know it all. They buy all the machines and technologies. They offer all the treatments under the sun and carry every popular product line. To be successful, your team needs to have the proper training and education. And when you offer it all, it’s impossible to have the proper training on every single thing. Here’s what we suggest instead: focus on what you’re good at. Instead of trying to offer it all, focus on what you love to do, what you’re excelling at, and what you want to continue offering. When you niche down and become the best at just a few things, the customers will come and tell their friends. Want help niching down? Send us a message! We help MedSpa owners build a profitable business they love. #womeninbusiness #healthandwellness #medspa
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As a med spa owner, you've built more than a business – you've crafted a sanctuary for rejuvenation and transformation. Now, as you consider selling, it's time to ensure your spa shines its brightest. Our latest blog post dives into essential strategies for boosting your med spa's value before selling: 1️⃣ Expand Your Services: Diversify to cater to diverse client needs. 2️⃣ Invest in Cutting-Edge Tech: Stay ahead with state-of-the-art equipment. 3️⃣ Prioritize Patient Experience: Deliver exceptional care to build loyalty. 4️⃣ Build a Compelling Brand: Stand out with a strong and unique identity. 5️⃣ Streamline Operations: Optimize efficiency for a smoother transition. 6️⃣ Cultivate Partnerships: Collaborate to expand your reach and influence. At Private Practice Broker, we specialize in understanding the unique needs of med spa owners. Let us guide you through a seamless and successful transition. Ready to unlock the full potential of your med spa? Read the full article here: https://lnkd.in/eVf4z8fw #practicebrokers #exitstrategy #practicesales #physiciantransitions #practicevaluation #privatepracticebrokers
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