Erin MacNeil: My Top Rules to Opening your own MedSpa from A to Z

Founder & CEO of The Spa Business Coach, Erin MacNeill, brings over 20 years of invaluable experience to this episode where her and Felix discuss many invaluable tips on how to start, grow and thrive in the aesthetics business world. Her experience turning luxury hotel spas around, recovering profitability and creating great teams pathed her way to becoming a consultant who now coaches MedSpa Owners to be CEO’s vs service providers who happen to have a business. In this episode, Eric and Felix discuss topics, such as: Erin’s experience in medical aestheticsGet to know your numbers – all the numbersKnowing when to make the leap to being your own bossImportance of a SWOT analysis before opening a new businessHow to really understand your competitionFinancial metrics and profit margins for different servicesCritical factors to consider when expandingErin’s recommended compensation models for new hiresImportance of KPIs and leadership structure when scaling your clinicInvesting in communication and interpersonal skills when going bigHow do you raise funds Erin’s advice on devices Follow Erin: https://www.instagram.com/thespabusinesscoach/ Follow Felix: https://www.instagram.com/drfelixbertram/