EP10 - Growing your salon business with Penny Etheridge & Tim Binnington

How to grow your business

This week, we talk to Tim Binnington and Penny Etheridge about how to grow your business. How do you go from a single salon in a small town to being a nationwide salon group? Our guests share their knowledge on how to grow your brand.

On the panel…

Penny Etheridge– Owner of Radiant Hair & Beauty Consultancy. A hairdresser herself, Penny owned a group of salons in 90’s called Storm which she sold on, and now works as a business consultant – specialising in small salons.

Tim Binnington –Has been a hairdresser since the age of 16 and spent most of his career with Headmasters. Tim is now Headmasters’ commercial director and is the creator of the innovative Manta brush.

Hot topics:

Building business – 1 min 28 sec
Letting go of a business – 5 mins 20 sec
Growing business- 5 mins 55 secs
Drive to open a salon- 7 mins 15 secs
Employing people – 8 mins 15 secs
Rent a chair – 8 min 54 secs
Being Creative and a businessman – 9 mins 26 secs
Brand importance – 9 mins 50 secs
Franchising – 12 mins 48 secs
Consultancy – 13 min 38 secs
Being consistent – 17 mins 15 secs
SWOT Analysis – 18 min 44 secs
Planning – 19 mins 34 secs
Delegate – 24 mins 10 secs
75% Rule- 25 mins 12 secs
Key Advice – 28 mins 1 secs

Mentions:

Hosts: Nicky Pope & Lilly Cox
Guests: Penny Etheridge & Tim Binnington

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