Businesses which produce skincare or haircare items, package them and sell, have very poor bookkeeping.
They are told that their businesses are complex-production-based businesses and that they would require some ERP or complex software to handle their bookkeeping. These software cost several millions.
The real problem is however not the software, it is the PROCESS. They need guidance with pricing, tracking their inventory and step-by-step tutelage of an expert.
Accounting problems are more about the processes, not the software. If good processes are not perfected even while using a manual accounting system, automation using accounting software, will not amount to any great results.
The owner of the business that produces skin-care or hair-care products
The manager or administrator that works for a business that produces skin-care or hair-care products
The one who is currently struggling with her accounting
The one who is afraid to invest in an expensive accounting software
The one who is considering taking on resellers and stockists, but is worried about handling their records
The one who doesn’t want trial-and-error with automating her business accounting
The one who understands the place of knowing her business numbers, in growing the business
A computer (laptop or desktop)
A heart open to learning
An introduction to the Sage accounting software
Tracking your sales
Knowing your daily profits
Accounting for your production
Tracking inventory of raw materials
Tracking inventory of finished products
Monthly reports: Profit or Loss Report, Detailed Sales Report, Detailed Item Report, Detailed Customer Report
Bonus lesson – Accounting for managing Resellers and Stockists (Sale-or-Return-Basis or Outright-sales-basis)
Downloadable step-by-step PDF Guide on calculating the ideal selling price
Free inventory software for tracking raw materials
Useful tips from our Founder on growing your skincare or haircare business, with brilliant accounting
At the end of the Course, you should be able to:
Create ideal selling prices for each product in your range
Keep 100% track of your sales, expenses, inventory, customers and resellers
Produce useful monthly reports that show if your business is profitable or not; and aid in several other decisions
Have a crystal-clear guide to your business accounting, for your employees to use and pass-on, from one person to another