In the latest episode of The Great Friends Podcast, host John Wheeler dives into the nitty-gritty of aesthetics practice management with none other than Christin Trujillo, a financial consultant and partner at Maven. For those unfamiliar with Maven, it is an outsourced CFO service tailored specifically for med spa owners. Wheeler, the CEO of Alpha Aesthetics Partners, couldn't have chosen a more fitting guest for his audience, primarily consisting of med spa owners and leaders looking to enhance their business acumen.

Christin Trujillo is not just a financial consultant; she's a maestro in the industry, possessing a wealth of knowledge on how an aesthetic practice should function from a financial standpoint. The episode is a treasure trove of insights into Profit & Loss (P&L) statements, overhead, margins, and other benchmarks crucial for the success of a med spa.

The episode starts with Wheeler expressing his admiration for Trujillo's expertise, stating, "There are not many people more knowledgeable into how an aesthetic practice should be run when it comes to margins and P&L and benchmarks." And indeed, as the conversation unfolds, it becomes apparent why Trujillo's guidance is so invaluable. With hands-on experience from working with dozens of aesthetic practices, she has practical insights into what specific overhead costs should look like, how much should be allocated for payroll, and what proportion of the budget should go into marketing.

What sets this episode apart is its immediate utility. Wheeler asserts, "You're going to be able to look at your P&L and identify exactly where the bloat is." Essentially, it serves as a guide, enabling med spa owners and leaders to gain clarity about their financial health. Trujillo demystifies often complex topics, making them accessible and actionable.

So, if you're a med spa owner or leader seeking enlightenment on how to run your practice more efficiently and profitably, this episode featuring Christin Trujillo is a must-listen. It promises not just theories but action points, allowing you to walk away with a keen understanding of where to make changes to improve your financial standing. Wheeler wraps up his introduction with a note of confidence, "This should be a must-listen for every single med spa owner and every single med spa leader, because you will walk away from this episode with perfect clarity."

For the practical advice, professional insights, and a deep dive into the financial workings of a med spa, this episode truly delivers. Don't miss out on this opportunity to learn from the best in the business.

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