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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

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