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Having a clear view of the inner workings of your business is the most important thing you can do to stay profitable. To be effective, you'll need to review and make decisions using data from sales, services, operations, marketing, employee performance and customer trends.
This information allows you to identify and track the ups and downs of sales, monitor how many services and classes you book and process, and identify marketing opportunities. This information is also helpful when you're processing payroll and managing employee productivity. Think of this information as your business “report card,” letting you know where you’re succeeding and which areas need improvement.
Here’s the three Vagaro reports that give you a 360° view of your data, with a cloud-based, integrated software system providing the information you need when you need it.
1. Everything at a Glance with Dashboard Reports
By reviewing your business summaries and comparing the numbers regularly, you’ll be able to identify trends and irregularities, which you can then zero in on with specific reports. This allows you to make tactical decisions based on how your business is actually performing, instead of using guess work.
Dashboard Reports help you stay on top of every aspect of your business, which allows you to adapt your workflow to maintain your competitive edge. For example, if you notice your sales are particularly high on a certain day, you can schedule accordingly to cover the uptick in business to make sure customer service isn’t impacted on days with higher traffic.
2. Employee Reports
This information allows you to identify and correct performance issues and identify training opportunities that empower staff to achieve their full potential. Knowing which employees are busiest also clarifies your commission structure, so you can reward high-performing staff and retain your in-house talent.
3. Inventory Reports
Inventory reporting helps you order more efficiently and identify the opportunity to create a Daily Deal to get rid of slow-moving products. You’ll lower overhead costs and give your business the opportunity to introduce new products.
4. Other Important Reports
Vagaro reports give you more than just these three powerhouse reports. Each kind of report can be broken down further to zero in on a specific type of information, employee, or date range.
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Combined sales reports give you a full overview, personalized to your specifications.
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Transaction reports give you a sale-by-sale look at your business.
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Customer reports (including targeted no-show and cancellations reports) give you insights about client retention, shopping trends, keeping your customer base engaged, and help you develop effective marketing strategies.
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