The Financial Side of Running a Utah Medspa: What Every Owner Should Track
Utah’s medspa industry is booming—especially across Utah County, Salt Lake County, Draper, Lehi, Saratoga Springs, and Herriman. But behind the glamorous treatments and glowing skin, medspas have one of the most complex financial structures of any local business.
Here’s what every medspa owner should be tracking to stay profitable and compliant.
1. Inventory for Injectables and Skincare
Products like:
Botox
Filler
Serums
Retail skincare lines
…must be tracked closely. Mismanaged inventory = lost profit.
2. Prepaid Packages & Gift Cards
Prepaid services are not immediate revenue.
They’re liabilities until redeemed.
Incorrect tracking can:
Inflate revenue
Distort profit margins
Create tax issues
3. Commission Structures for Providers
Many aestheticians operate on commission systems.
Your books must track:
Service revenue per provider
Commission payments
Product commissions
This affects payroll accuracy and profitability.
4. High-Ticket Equipment Purchases
Lasers, RF machines, and skin-tightening equipment are major investments.
Clean bookkeeping ensures accurate depreciation and tax reporting.
5. Seasonal Revenue Patterns
Utah medspas often see seasonal swings (wedding season, summer prep, holiday glow-ups).
Tracking trends helps you:
Forecast revenue
Manage staffing
Plan future inventory
Predict monthly cash flow
Make Your Medspa’s Finances Clear and Stress-Free
If you want clarity, clean reports, and peace of mind, let’s talk.
