Hair salon products that are new to the market have higher margins and thus, make YOU and your salon more money! Yup, even in the internet age where people can compare prices in a second with their smartphones, only one method works for getting higher margins: new salon products.

Salon management sounds intimidating and complicated to some people, but we assure you it isn’t bad. One of the most important aspects in effectively managing your salon is proper inventory management. Most salons can develop a full inventory history and plan of action in a day or two. Here are four simple steps to get you started that can save you up to 25% on product costs.