Inside MedSpa
A startup, a stabilizing practice, and a mature one have different healthy financial profiles. Judging yourself against the wrong stage's benchmarks leads to bad decisions.
"Healthy" financials look different for a startup, a stabilizing practice, and a mature one — and one of the more common ways owners misread their own situation is judging themselves against the wrong stage's benchmarks. Hold a young practice to a mature one's margins and you'll panic over normal ramp dynamics; hold a mature practice to a startup's, and you'll excuse problems you should fix.
This is general education for owners, not financial advice. Work with your accountant.
https://insidemedspa.com/article/medspa-financial-benchmarks-by-stage/
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