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Spa Finance course from Raison D'etre Spa Business Education

This course is presented by Raison D'etre for students and professionals who want to get into the management business of Spas. Whether you are studying or working, this course is a good choice to get into higher positions in the domain. Read to know the details of this course, how it can be accomplished and how it can help your career grow.

Introduction to Spa Finance course

Finance is the word that comes almost everywhere. One cannot escape from Finance if they want to do a good business. For some, it is business that comes first; while for others. it is finance that comes first. Thus, if one has a good understanding and knowledge of the subject, then they stand to be of a good success rate.

Who guides the course?

Anna Bjurstam is the head instructor for this course. The course is done completely online and she helps to get the course done in an easy and understandable way.

Why this programme is for?

  • This programme is for people who are just beginning in the spa industry and want to understand the depths of it. It helps to gain further insight into the industry.
  • This programme also acts as a bridge for those from the medical health and wellness industry to approach the spa as the next option for wellbeing.
  • Fitness instructors and personal trainers benefit from this course. It allows them to get into management aspects of the spa industry.
  • Spa therapists, receptionists and attendants who seek development can also attend this course.
  • If you are already in this industry and want to gain higher positions like Spa Manager and Directors, this course is the key to the next career steps.

Where is the course present? Is it online or offline?

This course is being taught by Raison D'etre Spa Business Education website. The main website of Raison D'etre Spa Business Education is www.spabusinesseducation.com. The official website link for this course is: https://www.spabusinesseducation.com/spa-finance-courses/.

The course is completely online and also provides study reading material. It begins with learning all the basics of finance for a Spa business. They take you through creating different types of budgets and understand the different type of budgeting.

You will learn the following:
  • Process of making a budget
  • Creating Profit and Loss Statement
  • Understand the major definitions in finance domain
  • Checking Spa's important KPIs like:
  • Capture ratio
  • Spa guest/hotel guest ratio
  • Spa revenue per occupied room
  • Treatment room occupancy
  • Mystery shopper
  • Guest statistics
  • Therapist occupancy
  • Retail sales
  • Scheduling KPIs
  • Retails, sales and treatment statistics
  • Revenue management
  • Monthly report examples.

By gaining an in-depth knowledge of the above, you would be able to handle the financial management knowledge with ease and comfort.

Main chapters of the online Spa Finance Course

The main chapters of the Spa Finance course by Raison D'etre are:
  1. Spa Finance Fundamentals
  2. KPI used in spas and financial reporting
  3. Scheduling
  4. Spa revenue management fundamentals
  5. Profit and Lost statement
  6. Monthly report schedule

There are 4 video lectures and reading material. This makes the course doable completely online. After the reading is done, the practical training starts by beginning to work on a sample Profit and Loss statement. Once you successfully complete the practical, take a quiz to evaluate your progress.

The course is completely online and is spread over 2 to 3 weeks. There are no fixed dates to join. One can join whenever they can and can do the course from wherever they can.

The course fees as of October 2018 is USD 310. The course is managed by Nikos Kouremenos. To apply online, please visit https://www.spabusinesseducation.com/apply/ as shown in the screenshot below.

raison detre spa business education

Article by Dr Apurva Tamhane
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If you have torn down, repair.
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Author: Umesh04 Nov 2018 Member Level: Diamond   Points : 4

Spas are mushrooming in our country and not only in big cities but their growth in the towns is also phenomenal.

In this context, the article on Online Spa Finance course is a good information assimilation for the aspirants interested to enter the business of Spa and its peripherals. There is definitely scope and potential in this line and people having some entrepreneurship and desire to have their own business can consider this as a career option.

When we venture in any business the first and foremost thing which comes to our mind is to understand the basics of the trade either through books or join some courses. From only the books, it is difficult to make out the hidden aspects but joining a course gives an opportunity to interact with the tutor to understand the subtleties of a subject.

So the aspirants generally go for the relevant courses such as one mentioned in this article.

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