The Conscious Salon
Welcome to The Conscious Salon.
Join Tessa and Nicola - sisters, best friends and founders of aHead, Melbourne’s First Mindful Salon.
In this space, you’ll be empowered, inspired and entertained by the ups and downs of running a conscious, small business.
We chat mindset, culture, business and give you practical steps to make your life more conscious.
The Conscious Salon
Accounting 101 for Salon Owners feat. Kate Slater
In today’s episode, we sat down with the incredible Kate Slater, a CFO and accountant who’s not only brilliant with numbers, but also so down-to-earth and passionate about empowering business owners — especially in the salon space.
We chatted all things money, mindset, tax planning, and why understanding your numbers is the ultimate form of self-respect as a business owner.
If you've ever felt overwhelmed, behind on your tax, unsure about how to pay yourself, or even a bit awkward about breaking up with your accountant — this episode is for you.
What we cover in this episode:
- What to do if your relationship with your accountant isn’t great
- A super simple tax planning hack you can do yourself
- How to separate business and personal money (and why it matters so much)
- Salary vs drawings — and how to decide what’s right for you
- The magic of paying yourself regularly (even when it feels hard!)
- Why you MUST bank your cash — and how not doing it might be holding you back
- How business structure affects your tax, your asset protection, and your future
- What to do if you feel “financially stuck” — and how to start turning things around today
- And yes... we even talked about the “breakup convo” with your accountant 🙈
Biggest takeaways:
- You don’t need to be perfect with money — just consistent
- Even if you’re behind or in debt, there is always a path forward
- Respecting your money = respecting your time, energy, and future
- Building wealth starts with being honest with your numbers (even the uncomfortable ones)
🔗 Connect with Kate Slater:
Follow Kate on Instagram: @kateslatercfo
Visit her website: mtechandslater.com.au
If you loved this episode, make sure you hit subscribe, leave a review, or share it with a fellow salon owner who needs to hear this.
Thanks for being here — and remember, your business thrives when you thrive. 💛
To follow our journey:
Instagram @aheadhair_
@the_conscious_salon
This podcast has been produced and edited by Snappystreet Creative
