Power Book 2018
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FIRST LOVE<br />
Melissa Timperley opened her eponymous salon in Manchester’s Northern Quarter in December 2016.<br />
Eighteen months on, the salon has won four industry awards and been voted the Talk of Manchester<br />
Best Newcomer Business. Now thinking about the future and possibly expanding to a second salon,<br />
Creative HEAD asked her what she would do again… and what would she do differently!<br />
BUILD A BRILLIANT TEAM<br />
I’m really lucky that we’ve built up a small team<br />
slowly, one at a time – I started with just me, and<br />
now we are five professionals who all get on, work<br />
well together and have got each other’s back.<br />
I did start out thinking that the way to generate<br />
revenues would be to adopt a rent-a-chair approach,<br />
but I soon realised after interviewing some<br />
candidates that there was no way I could build a<br />
cohesive team working in a similar way under the<br />
Melissa Timperley brand. Everyone I interviewed<br />
had their own ideas and individual way of doing<br />
things, and I could see a major problem ahead if I<br />
tried to control free-spirited creatives! If I did open<br />
another salon, it would be even more crucial to<br />
recruit professionals of like-mind and attitude as I<br />
wouldn’t be there in a second business all the time,<br />
and consistent client service is everything to us.<br />
MAKE THE FINANCIALS WORK<br />
“Know your costs and know your daily and weekly<br />
break even,” my accountant said before I had even<br />
cut a strand of hair. Not the most motivational<br />
words, but probably the best business advice that I’ve<br />
had! Really work out what everything costs from<br />
the outset – I’ve got a good handle on the costs now<br />
that we have a year under our belt, but I had little<br />
clue when we started out. Now, I’d want to know<br />
from day one how much we need to make before<br />
we start making profit. I admit, it’s not my first love<br />
to get the spreadsheets out, and I don’t know many<br />
hairdressers who do love this aspect of owning a<br />
business. But I know that to be a businesswoman I<br />
need to have a good grip on what everything costs<br />
and how we are doing against our budget – and to<br />
make sure we have the cash to pay what’s required.<br />
My recurring nightmare is thinking that we haven’t<br />
40 POWER BOOK creativeheadmag.com