In this weeks Webinar I discussed a strategy for a Medical Spa in need of increasing its performance or turning around its business. The basics apply in both situations, first you need to analyze your situation, create a plan and then quickly and decisively implement the action items identified in the plan.
Make sure you write a High-Impact Action Plan (as we call it at Acara): essentially, a list of turnaround tactics that will have immediate impact on your bottom line. The top 7 areas that you will want to look at when deciding upon your Turnaround Tactics are as follows:
- Cost Reduction
- Cash Conservation
- Acquiring New Clients
- Keeping Existing Clients
- Implementing a Sales System
- Hiring Professionals
- Empowering Your Team
Acara has extensive experience creating and implementing these plans and improving performance for under performing and failing medical spas. If you would like to discuss your business, please feel free to reach out to me.
FXA