Spa Finance Courses

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SPA FINANCE

Welcome to the very important world of finance. You can be a great leader in many ways, but you need to know your numbers to achieve complete success. Anna Bjurstam will guide you through this course and her goal is to make you comfortable with finance in an easy and understandable way.

Spa finance course for better management

Learn all the finance basics for a Spa. Look at different budget types and the purpose of budgeting, go through the budget process and learn how to prepare a budget, a P&L statement, look at important finance definitions, check your spa’s important KPIs (Capture ratio, Spa guest/Hotel guest ratio, Spa revenue per occupied room, Treatment room occupancy, Mystery Shopper, Guest statistics, Therapist occupancy, Retail sales – various KPIs), scheduling KPIs, retail and sales, treatment statistics, revenue management and monthly report examples.


You will finish the course with a sound financial management knowledge for spa operations.

Watch our video tutorials for Spa finance management

After watching the four video lectures and reading through the material it is time to start working on your Profit and Loss statement. Look through the budget example provided and then work on the template given to you.
At the end you can take the quiz to evaluate yourself.
“Face your fear and doubts, and a new world will open to you” – Robert Kiyosaki

Intro Finance 2014 from Raison d'Etre on Vimeo.

Chapters

1. Spa Finance fundamentals
2. KPI used in spas and financial reporting
3. Scheduling
4. Spa Revenue management fundamentals
5. Profit & lost statement and monthly report schedule

Procedure

• Watch the videos
• Read & study the written manual
• Work on your P&L statement assignment
• Test yourself with the quiz
• Check your answers

Support

We are always here to serve and support you and we will be available during the whole course period. Please let us know when you need help or if you get behind schedule and we will get back to you within 48 hours.

• Spa Finance fundamentals
• KPIs used in spas and financial reporting
• Scheduling
• Spa Revenue management fundamentals
• Profit & loss statement and monthly report schedule

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Course Length:
2-3 Weeks

Open dates- join whenever you can

USD 310

Program Manager

Nikos Kouremenos

Meet our Instructors

Course Testimonials

"It gave me ability to plan and design a new spa and to run it to one of the most profitable spas in Denmark. I can highly recommend it.”
– Linda Myrberg