Beauty Salon Finance

In times of economic recession it can be extremely challenging for beauty clinic operators to gain access to a number of types of business funding in order to help their business expand and grow. Lets look at two important types of funding, which can help underpin and strengthen growth in terms of capital equipment and growth, and also point of sale (POS) finances a good way of driving sales and increasing profit for the business owner, In any economic climate.
To start with well take a look at operations finance which we can use as an catch all heading which includes business equipment leasing, overdraft facilities, business loans and any other credit that you would use to grow your company. If you want some new equipment or facilities you would most likely finance this with a business loan or a lease, in good economic times there would be dozens of options available, but in recession, most asset lenders who have to fund assets to be in business tend to contract and point their activity to markets such as Gov bodies or the medical sector due to the given perception, and likely reality, that these markets are better covenants from them and therefore offer lower risk.
With less resource and access to funds it can be extremely hard for beauty salon owners to realistically expand their business. A fairly new concept of obtaining a cash advance from credit card machines is sweeping the UK and USA and is an excellent for beauty salons to raise cash to expand. What happens is you can get a cash advance on your future sales that allows you to acquire new equipment to make more sales. There is no credit check as the agreed payback is inputted into your card machine.

The biggest advantage of this is that if sales are low one month, you only make small payments back, therefore eliminating the risk to your business. However, if you have new equipment that increases sales, it makes good business sense because you are paying back out of those higher and more profitable sales. It gives you instant access to growth funds that you would not normally have. You can read more detail about it here

Now lets look at point of sale finance or POS at it is also known. Some treatment courses such as IPL hair removal, skin rejuvenation or Laser lipo can cost upward of a few thousand, which a lot of people simply havent got the moment. Some clients will apply for finance options if you offer them, but the chances of getting passed for credit these days are getting harder and harder.
Enter your very own instalments plan. Ok, I here the shouts but we are not a finance company Of course you are not, and you dont have to be. If you take cards you can take instalments. If not, uses standing orders, they are simple to set up. The point is this. Offer a plan where to take a reasonable deposit, say 25%, and collect the rest over 9 months.
Do read more about this in a separate article found here

if done properly, it can transform your business and tap into a huge market that is hungry for what you offer, but do not normally believe that they can afford it.
There are a number of finance options available on our website and you are more than welcome to ask for help or advice on selecting which options suits your needs best of all.

Dental Technicians The Unsung Heroes Of Restorative Dentistry

It often goes unnoticed among many dentists precisely what kind of work is put into the production of dental implants and dentures. Practitioners take an impression of the patient using a disposable impression tray; send the impression to the laboratory, and then a week or more later an abutment, crown or bridge will arrive for the dentist to apply. The process that resulted in the finished implant remains a mystery, both to clinicians and the patients who ultimately benefit from the procedure.

A dental technician is responsible for constructing custom made restorative and dental appliances upon prescription from a clinician. The technician will receive a prescription and dental impression from a dentist, and filling the impression with gypsum dental stone can create a replica of a patients oral anatomy, known as a dental model. The model can then be used as the basis for the construction of a custom appliance.

Most of these appliances will usually include a crown, bridge or abutment constructed from some form of glass-ceramic, which provides good durability and longevity while having startlingly convincing aesthetics compared to real tooth enamel. Dental technicians use a number of techniques to build the ceramic up on an appliance, usually using a small brush to apply the material in layers in its liquid form, allowing each layer to cure before moving onto the next. Technicians can apply different formulations of the ceramic in order to properly match the shade and translucency of the surrounding teeth.

The dental technician plays a vital role in restorative dentistry. However, a number of dental laboratories in the UK have become concerned about the future of the profession, with dwindling numbers of trainee technicians starting out in the industry in recent years.

Being a dental technician can be an extremely rewarding career option, offering laboratory employees the chance to not only improve the quality of life of patients with their work, but also the chance to do something creative that the technician can take real pride in; building a new tooth from scratch is not a common skill, after all. Dental technology is however an extremely specialised area of expertise, which is only accessible once prospective technicians have undergone a fulltime 3-year course.

There are not many educational establishments within the UK currently offering courses in Dental Technology, with only two in the South East. Lambeth College runs a BTEC Level 3 course in Dental Technology, while Queen Mary, University of London offer an undergraduate BEng (Hons) in Dental Materials. These courses can be extremely demanding and have a high dropout rate, which is not aided by an overall lack of interest among potential students; 35 students enrolled on the Dental Technology course at Lambeth College in September of 2011, with only 12 students remaining on the course by the following February.

To exacerbate the issue, newly graduated dental technicians find it very difficult to find relevant work experience, with many entering a commercial environment not realising the time constraints within which they must build appliances, leading to a high percentage of technicians being unable to keep up. With all these factors combined, there is a very real concern that there will be a severe shortage of dental technicians within the next decade.

Hoping to reverse this trend, CosTech Elites dedicated team of dental restoration and prosthetic experts are working in conjunction with the UK Department of Education to provide training for dental technicians in a hands-on commercial laboratory environment. With prospective technicians becoming used to the daily rigour and demands of working to realistic deadlines as part of their training, CosTech Elite hopes to better equip the next generation of dental laboratory staff for a successful career in building appliances.

CosTech Elite is also working toward increasing awareness and interest in the dental technician role by approaching local secondary schools and attending careers options exhibitions for young people. Additionally, CosTech Elite will be opening its doors to both dental practitioners and the general public so that dentists, patients and students alike can learn more about the integral part that dental technicians play in restorative dentistry. Public open days will allow first hand viewing of CosTech Elites laboratory facilities and headquarters in Gravesend, where visitors can meet the technicians and gain insight into the job. CosTech Elite is also offering free CPD courses existing technicians and clinicians with a myriad of guest speakers.

Dental technicians play an invaluable role in the creation of implants, crowns and dentures, and the dental industry as a whole, as well as the care available to patients across the UK, would suffer tremendously without the work that they do. With numbers of training dental technicians dwindling in recent years, it is vitally important that dental laboratories and educational establishments work together in order to reverse this trend, and preserve the future of restorative dentistry in the UK.

For more information on how CosTech Elite can help you, call 01474 320 076 or email: [emailprotected]