Salon Goals July 2024 - Click to Learn More. In this week's episode Lauren discusses a super important topic for both the smooth running of your Business and the financial viability of your Business, Stock Control. "You really don't want to run out of stock, as your Clients will see it as a lack of professionalism" ."When you do your ordering only when supplies are low, you're setting yourself up for embarrassing situations and even Client cancellations". "If you're not keeping track of your stock on a regular basis, you will most likely end up spending too much money". How Lauren Handles Stock Control (Retail and Professional) in Her Salon. Lauren uses a PRO POS & Stock Control System - Timely - Beauty Salon Software (13:00)Lauren and her key staff do a weekly physical stock count and that is matched against the Timely Stock and Sales Reports. (15:15)Stock ordering occurs once per week and a weekly stock budget is assigned. (16:50)Delegation is key to long-term effective Stock Control and Ordering. (18:30)Set up an alternate payment method for ordering (like a PayPal) if you're not comfortable allocating a dedicated card to staff. (20:00) What Products to Stock in Your Retail Business: https://player.captivate.fm/episode/4a9703a3-fcc2-488b-8e02-02f0f5d9749c Rate and Review the Show in Apple: https://podcasts.apple.com/au/podcast/the-lash-business-lounge/id1609510128 Rate the Show in Spotify: https://open.spotify.com/show/0xvJ8MNZM9cbjYBGcMDtb8?si=b23764e4d0ed4b59 Lauren on Instagram: https://www.instagram.com/laurenlappin_ Allure's Instagram: https://www.instagram.com/allure_lashbeautybar .... This Episode was Recorded and Produced by Josh Liston at DeadsetPodcasting.com .... This episodes theme music (Title: 'Highlander'') is from the amazing 'Scandianvianz'. Check them out on YouTube here and Subscribe to their Playlists: https://www.youtube.com/watch?v=NIGxBs8IPHM&list=PLzCxunOM5WFLOaTRCzeGrODz8TWaLrbhv&index=24