Timely launches financial course to bridge hair and beauty’s $8.3 billion gap PDF Free Download
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September 8th 2025
Timely launches financial course to bridge hair and beauty’s $8.3 billion gap
With the average hair and beauty business surviving just three to four years, Timely and The Curve have launched a new
course designed to build the financial confidence of industry professionals –and increase their longevity and business
success.
The hair and beauty industry is projected to bring in as much as AUD $8.3 billion across Australia and New Zealand this
year alone. But while business appears booming, Australasian salon owners continue to face low profit margins, financial
strain, and uncertain futures.
As a booking and payment system for hair and beauty businesses, Timely has a deep understanding of the challenges they
face, and is driven to lead industry-wide change to solve them. “In an industry survey, we found nearly a third of all hair and
beauty business owners ranked financial security as their top business goal, so we know this issue is a high priority for our
customers,” says Fallon Savery, Timely’s SVP of Revenue. “We wanted to give hair and beauty professionals a course that
goes deep enough to boost financial confidence, but is simple enough to learn over lunch.”
Created in partnership with The Curve – a financial education platform for women – the Mastering Money For Small
Business course delivers the fundamentals that hair and beauty businesses need to run sustainably and successfully. “The
industry thrives on a high-trust community where people learn from and look up to one another,and while this creates a
powerful and supportive environment, it often lacks the grounding of expert financial knowledge,” Savery explains. “By
partnering with The Curve, we’re filling a clear gap in the market, combining the strength of peer-to-peer trust with expert
financial guidance that’s practical and easy to apply.”
For thousands of owner-operators behind the salon chairs, underpriced services can come at a high cost. When profit
margins fall below 10%, even small financial missteps can trigger serious cash flow and financial challenges –and with the
average Australian salon profit margin sitting at just 8.5%, many are operating on a razor-thin buffer.
This pressure was reflected in Timely’s industry survey, in which 1 in 7 hair and beauty professionals pointed to pricing as a
key pain point. Respondents spoke of the need to increase prices industry-wide, and the difficulties of setting prices that
cover their actual costs, and reflect their true value.
"Setting prices is one of the single most challenging parts of owning a business," says Angelie Tuazon, Timely customer and
founder of Melbourne's House of Sana. "Not only covering all the hard costs, but also the intangible things like the years of
experience and skill, and balancing all that with client expectations... it's something I know so many of us in the industry
struggle with."
To help solve the issue of pricing for profit, Timely and The Curve have included a free salon pricing calculator with the
course. Business-owners can use this must-have pricing tool to plug in their real numbers, stress test their pricing, and
identify red flags before they can affect their bank balance.
Hair and beauty’s financial literacy gap spans far beyond Australasia. In the US, 50% of small business owners are
reportedly struggling due to a lack of financial understanding. While in the UK, the NHBF has found that an alarming 21% of
salons are currently operating at a loss.
“Small businesses have an average survival rate of five years, and in the hair and beauty industry that drops even lower to
just three or four,” says Savery. “We exist to improve that stat, and this confidence-building course is one way we hope to do
just that.”
Timely’s two lessons from the course are free and available to watch now, and Timely customers are also eligible for 50%
off the rest of the course. To learn more about how Timely is helping hair and beauty professionals manage their
businesses beautifully, visit gettimely.com.
For more information on Timely or to interview a spokesperson please contact
Tara Bowker - tbowker@gettimely.com.
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About Timely
https://www.gettimely.com/
Timely is a global leader in booking and payments software, designed specifically for the hair and beauty industry. With a
focus on empowering professionals, Timely offers a range of tools that streamline operations, seamlessly take payments,
enhance client relationships, and support business growth. Trusted by thousands of businesses worldwide, Timely is
dedicated to helping its customers succeed.
