 to today's podcast so guess what special edition sorry for the delay happens often and we're dealing with things but hey very very excited about today's podcast I you know we're all going through some things right now and Minerva beauty who's been a huge sponsor of this podcast for the last you know five years now they were the very first sponsor the first people to jump on and say hey we want to help and provide free salon education so they reached out to me the other day and they said hey Matt we've got some guests and some really smart people that we want you to have on your podcast and kind of do like a special addition to help out the industry as much as possible so without further ado I have some really awesome people on here live with me I've got Sam Villa and April McDaniel so you guys are gonna learn a lot of you guys hairdressers out there no Sam Villa April McDaniel is the smart one so we're going to we're gonna pick her brain and me and Sam we're gonna talk hair industry she's gonna talk she's a certified accountant and she has a lot more title than that so I'm gonna let her talk about that but Sam thank you for being on the show we got the internet worked out also Elizabeth from the PBA was going to be on the show guys but just so you know she took one for the team and the internet connection wasn't really working so she jumped off we're all sacrificing a little bit now but we're gonna talk about everything that this industry is going through and we're gonna really just get down to the facts because we want people to have less negativity and just a positive outlook about what the future is gonna be about so Sam why don't you start us off and give your little kind of intro to this and then we'll we'll go from there all right Matt thank you so much first of all for the opportunity to have a voice which I think is so important right now more than important right now that anything my friends is for us to cultivate connection so Matt Minerva thank you for giving us the opportunity for myself and April April to pleasure to be with you you are the swamp and more than ever we need people like you to guide us through this as I'm sure we're gonna have a lot of questions on the financial side but I think that this is a time who would have ever thought that we would be in this position and where we're at and when I say cultivate connection this is a time for us to really push our pause button push our pause button and think about where our life is our professional life and our personal life is right now and for some reason this is happening and I'm using this as a means for myself which I'm gonna talk about it's just for me to just push that pause button and really cultivate connections with my colleagues my family my friends everybody that I can just making a connection and I think it's all about reaching out so thanks for this opportunity for sure and you know I'm I'm really happy because the one thing about Sam that I love the most is the fact that you know he's always a positive influence in the industry I've looked up to him for a long time you know freeslot somebody just commented yesterday and said that Sam via and and freeslot education of the OGs of online free education so you know anytime I get to hang out with you it's a great time so April let's talk because all of us have a lot of questions if you guys have questions post them in the chat I can see the chat from all the different channels so post it in there and then yeah we're gonna get started I'll ask the questions as I see them and April's gonna kind of give us the basic facts so the first thing that I really want you to get into is really the funding that's going around and and what salon should do first I guess is what we should talk about sure so first just like Sam I'm really excited to be here thanks Minerva and thanks Matt for having me I'm a little bit starstruck I have to say this is an exciting time certainly for the the tax profession it's a day-by-day learning new things lots of things that we don't know I am of the mind that it's really important that we think about the opportunities that come through struggles and right now we're in a time where definitely through these struggles we can find some strength and so what I want you to really think about right now is you have the time available to you to put some effort into your business and be that business person first that maybe you don't typically have so again my name is April I'm with COPSA OD we are a CPA advisory firm that specializes in salon and spa taxation and what I want to tell you a little bit about today are the relief packages that are out there you're all aware that our fearless leaders in the Senate and Congress and president have been working to try to get some relief out to you I think the first thing that I would say to you is to really dig deep into your expenses and I know Sam's gonna talk a little bit about this too but you know I would say first and foremost you know what are those bills that you absolutely have to pay and what are those bills that you don't have to pay so you know let's get back to probably you know a high school accounting class and let's just think about what do we have to pay and what don't we have to pay so let's start there maybe yeah for sure so that's some great advice April because Matt what I did April was you know I talked about that stabilize so first thing I did was stabilize my family because my wife is medically endangered and her immune system so we need to stabilize the surroundings what's going to be our policy within our family our rules let's say in terms of going out coming in who goes out who does what so we stabilize that then the next thing we did was looked at our finances and I asked my wife because she's a great accountant she she loves doing all those numbers she's good at and I said first just answer me a question can we survive the max let's say six months I just picked a figure in the sky said six months let me know can we survive you know mortgage payments every all the bills we have she came back to me the next day she said yes we can I said okay now let's stabilize some finances though because we don't know how long this can exist so let's take a look at simple things which I love what you're saying April is what bills do you need to pay and what bills you know do you have that kind of can wait that you can kind of get some time off one of the first simple things we did was look at our phone we picked up the phone I said look at all your apps the apps you don't want get rid of let's get rid of them and I mean let's delete them and just get them off and when we did that it was amazing that we discovered we were saving just over $200 a month and to some people that $200 is going to mean something so I love what you're saying there April in terms of looking at those simple things like almost you know a grade school account sort of speak I think it's a great place to start right yeah and I think right now's the time when you know call in those relationships this is a relationship business you know the best part about being part of the beauty industry is everywhere I go I'm greeted with a hug and I'm greeted with a smile call those people that you work with every day call your coach call your accountant call your tax person call your bookkeeper you know call all those vendors call the credit card company lots of credit card companies are allowed you to defer payments lots of bankers are allowed you to defer a mortgage you know rent look at everything absolutely everything because in this time it's the time to call on relationships and that's what it's about right now yep for sure so um so when we look at the beauty industry like the first thing as a salon owner what you know me and my wife did was we we looked at how do we cut everything from the salon that was kind of like initially our thought so and like Sam said like I cut out tons of services that we were already doing so we saved 700 bucks a month just in services now I have a lot more services in most lines because we're also a media company in a way as well but there's so many things that we were paying so much for internet storage and different things that we didn't really need it so we cut that then we did it out of our personal life but there's a lot of things that you can't cut so when you look at like the rent or the lease on your salon business things like that are there things that are happening now that we should know about that people that they have to pay are there things that they can do to kind of help with that yeah for sure I think you know in phase one of the coronavirus act we saw that the SBA offered some emergency disaster recovery with relief and so I would encourage you to go take a look at their website it's sba.gov to see if that's something that you'd like to take advantage of they're offering a lot of leniency on their typical requirements to get that type of a loan so take a look there they're also as part of phase three of the coronavirus act put out some new information where within they're saying three days I haven't seen it happen yet but I'm sure they're working hard on it that you can get an advance on that disaster recovery loan to help with things and that's 10 though you know that's the first one the other thing that came out in phase three of the of the act is another SBA loan and it's one that you'll have to talk to your banker about and that's where I talk about relationships you know some of the smaller banks might not be able to do that but the bigger banks are certainly set up I would think to start doing some of that they're just at this point going to be gathering information because what the government's telling us right now is that those banks won't have that information until the end of the week but that is a pay check protection program and part of that paycheck protection program is going to allow you to get funds to cover two and a half times your monthly payroll and pieces of that will be forgiven if you qualify if you follow the rules and Matt like you said you know to cover rent and mortgage interest payments it also will help with those types of things so that one I just want everybody to relax a little bit because you can't call your bank today probably and apply for that because they don't have the information but they're saying by the end of the week the hope is that they will have that so you might want to get on your banker's schedule so that you're in line to do that and I do I've heard quite a few like accountants saying like you should have this relationship with your banker what does that mean like who who is the person are we going to the teller at the front counter or are we who is our banker like who is that relationship that we're that we're trying to build typically most banks have what they call relationship managers and so you know I would just call the bank and if you don't already if you have a banking relationship you probably know who that person is but if you don't then call them and just tell them that you're looking for an opportunity to create a partnership with a bank a long-standing partnership certainly this probably won't be the only time that you need them so I would say ask for a relationship manager perfect all right April I have a question for you one of the things that I've been suggesting out there and I just need some guidance on this is a lot of pros and cons about it that I've got this this whole idea of rescheduling purchase gift card you know there's some pros and cons about that what's your take on that and I'm talking in terms of survival there's some people out there tell me Sam I need to survive I need some cash now you know maybe there's people out there that live from paycheck to paycheck and this is a learning lesson from but they're like I need to survive now and one of the suggestions I'm giving them is okay you know you need to get some get some some prepaid get some preschedule some some gift cards and get that going and then you can give commission to your staff but then they're coming back Sam and they're walking for free what's your take on all of that so that's a really good question Sam because we want to be careful with gift cards at least a little bit because keep in mind that when you sell let's say a hundred dollar gift card I know just like all of you that for a hundred dollar service you have what six to eight dollars in professional product you have to put on a person's hair if you're a commission based salon you're probably paying between forty five and fifty dollars of that for commission you know you have the credit card processing fee so be careful that you're not giving it away because if you give it away it's going to come back to buy you later you might get the cash now but later when you actually have to provide the service or sell the retail it's gonna hurt and keep in mind that gift cards are subject to federal and state income tax so it's not like you can avoid federal and state income tax on top of that so yeah and there is on April there's a there are loans and things that are happening right now that are tax like tax-free correct there's there's different options like there's not just one way to go about it there's I believe there's a few different options of getting financially like if you're a salon owner there's options if you're a just a what's it called an individual contractor or independent contractor there's different options yeah yeah yeah so in the most recent bill they did open up the ability for a sole proprietor as well as an independent contractor to qualify for those paycheck protection loans and pieces of that will be tax tax exempt so I think it's really important that like I said with that relationship you have with your banker to make sure that they explain to you what those options are you know as a tax professional we're going to be really focusing on you know how do you get those payroll tax credits that might be available to you by by paying some leave but the the other piece of that really is going to be that relationship with your banker I see there's a question over in the chat about the SBA paycheck protection program with an independent stylist and as far as what we've seen come out there was actually some information that came out from the US Chamber of Commerce just yesterday that clarified that PPL is what it's called paycheck protection loan and that independent stylist sole proprietors independent contractors will qualify for that so definitely something to take a look at great and we also have Megan she said she's opening a new salon next year if she takes advantage of these packages will it be jeopardizing her SBA loan in the future well that's a really great question Megan I I don't know the answer to that you know if you're if you're taking advantage of those loans as an independent stylist right now and then you're thinking you're going to open this business later I think I would have that conversation I do think there are some opportunities within that legislation to roll current or old SBA loans into these new ones and vice versa but they haven't given us clear guidance on that and again that's probably more of a banker question than a tax question okay and then so from a tax standpoint when you look at payroll so when we talk about employees and either put it like should our employees go on on employment should we be putting our employees on unemployment should independent stylists be doing that is what are the benefits to keeping somebody like our salon pays health insurance right so we pay health insurance but if you're no longer an employee that becomes a kind of a different thing so there's I think there's different angles to it what do you think is kind of the best well I map that's a really great question and I think that it really comes down to what amount of cash flow do you have on hand when this started if you have the cash on hand that you've been able to keep your people on you're going to be able to cover those benefits hopefully with that cash for a period of time and then be able to cut to go ahead and apply for this PPL program or maybe the disaster recovery program I you know we work with hundreds of salons across the country and I can say probably we're at the point right now where probably 50% of that at a minimum are closed right now and so you know they're two weeks in the unemployment already and so there's nothing that prevents a salon owner from going ahead and going having their people go through that unemployment process and I would encourage you as a salon owner to help your team do that because this is a stressful time and for a lot of stylists out there I would say that and to the owners keep in mind this might be the most difficult thing that your stylist has ever gone through you know a lot of folks that have been in the industry of a long you know for a long time have lived through the ups and downs of the economy but for maybe a stylist that's been out there in the field working maybe for five years or so they haven't experienced this before and so anything that we can do to help them walk them through that unemployment process I think that's a great thing to do and a lot of states are actually allowing you to do that as a group so instead of sending one out everyone out there to do it on their own maybe maybe have a zoom call or something and walk through together there's nothing that's going to prevent you as an owner to bringing them back and then going forward with some of these programs so the unemployment program was loosened up a lot with these with phase two or and phase one and actually in phase three so that you don't have to wait a week that you typically have to wait to qualify for benefits you typically would also have to show your applying for jobs which you don't have to do under most state requirements and I should say that just one more time I said state requirements because it's not really a federal thing the federal government is helping the states so that they can pay for all of this but it really is a state by state thing the other thing I haven't mentioned that I should have is that if you haven't filed your your tax return for 2019 you now don't have to file that return until July 15th so you have some time to do that and you also have time to pay the taxes if you have taxes do so take that time but I would encourage you to if you're going to get a refund get it filed so you can get your refund back that's going to help your cash flow and then the other thing is that if you are a business person that pays estimates your first quarterly estimate isn't due like it typically would be there's an extended period of time to pay that as well so okay and when you talk about you know go ahead Sam go ahead no Matt go ahead no I just wanted with the unemployment and the one thing that I did see that there's a also a $600 bump a week on that so technically if stylists are filing for unemployment they only get a piece of what their income was which is going to be probably pretty small but from what I'm understanding that $600 a week might actually some stylist might be making more money on unemployment than they do behind the chair to be 100% honest so yeah so that's a piece of the bill that almost got it axed you know because I think there is some fear that people will make more money and not want to come back but you know I don't believe that about industry this industry works hard and I people will come back to work and they'll come back to work because they love their clients they will come back to work because they they love the people that they work with you know I I might be an accountant and many people think that accountants kind of are cubicle type of girls or gals or guys or whatever but you know I love going to industry events because I love that part of what I do and I really feel that that's how this industry is I don't care if you're making more money staying at home or not I think you'll be back because you love your clients for sure and you know April yeah you know April I love what you're saying no that's okay Matt I love what you're saying because here's what we need to think about you know stop worrying about the negativity and just flip it so guess what you you're going to help these people that's the goodness in you so like what April is saying help them walk them through unemployment how about just getting on FaceTime and save your employee one by one let's you and I do this in unemployment together let me help you do this together you know that means a lot to them and guess what if that stylus doesn't come back then yeah they weren't meant to be with you they never were a team player they never were what you thought they were so you have to look at the good side of this guys you know don't worry if people are going to come back guess what so many people are watching everybody right now on social it's our business card right now it's our way of communicating where I'm finding people while I'm finding heroes right now that I never knew I'm finding wow I'd hire that hairdresser oh I'd hire that hairdresser you know you there's so many good things they're gonna come out of this so I think what we need to do guys is stay on that positive side I really believe that you know we will recover it may not be easy guys but the salon industry is going to recover and right now it doesn't look like it's gonna be easy but we're going to help each other as much as we can but we will only recover if we unite together thank you April for taking the time of doing this the industry needs you right now you you people are needed more right now than anything but we would we we will recover together with your support we will once again prosper together I believe that guys I believe that and yet do me a favor let's continue to do what we're doing now which is nourishing each other thank you Matt for the opportunity the platform that you provide April how you're nourishing us with this great information but it's going to be up to each individual to follow up on this information don't wait for somebody to grab you by the hand we're all busy but most importantly what I hope is that we come out on the other side of this thing loving each other and supporting each other just like we do now no more walkouts employers employees session stylists independence stylists everybody we all gather and we band together and stay together especially when we're past this but I just really feel that this is an opportunity for us we all understand the severity of the issue and we all have choices that we can make there's so much learning that's going to go on I'm learning a lot just listening to April in terms of you know how I can support people out there and the things that I can do for myself but you know what the key thing is to do continue to research and use your sources you know but most importantly and I think April probably will get to this is have a plan right now is it's time to make a plan if I were your salon owner I plan a reopening a grand opening again and then you probably might be asking me well Sam when am I gonna open I don't know but at least you got the plan so when you are ready to open boom you got everything in place as soon as those doors opening we're having a grand opening you know things like this guys are the things that I can offer you in terms of that but you know the important thing is right now I think is the key thing right now is everybody's concerned and fearful of you know survival survival and if we support each other and have each other's back we're gonna survive together through this sorry I just got on that role there no it's great Sam and this is the thing guys like we have to realize that the you know this this industry like what I see everybody freaking out about is is that financially they didn't feel they weren't ready for it they're living paycheck to paycheck I see I see the the comments and you know it is great that some people have a cushion but for me it's like you know those people were thinking ahead now moving forward we're all gonna think ahead and we're all the greatest part about this whole thing is that every single one of us are all sitting in our house right now and not allowed to leave not allowed to work we're not allowed to do a lot of things and so we're all in the same exact place so we need to realize that there's really there's nothing you can do about it and the government as long as you listen to people like April is actually gonna start giving you money until this is over so everyone just needs to stay focused and I've been talking about this on the podcast a lot just keep yourself educated educated through people like April educated through people like Sam watching you know freesline education videos doing those things that are gonna help keep your mind focused and getting better and we should be getting better every day and not worried about the negative part that we can't control spend the time with your family spend the time at home you know study up and stay positive and you know and and reach out to companies like April's April has in and make sure that you're just stay knowledgeable if you're knowledgeable then you're not gonna be as scared in the end so April yes yeah no I was just gonna say that you know there's people and I'm sorry April but there's people out there Matt that that are not prepared for this they haven't done what they need to do or you know whatever it happens to be and they have lived paid to paycheck and let's be real here you know I'm loving this conversation so I just want to bring to the surface the professional beauty association you know the professional beauty association is just getting swamped with questions in regards to what do I do I need to help me out with an SBA loan things like that but right now here's how you can really help out there's those people out there some of our colleagues are in a desperate need of financial help up steps to the plate the professional beauty association so what they've done is I need you to go to www.probebeauty.org and I want you if you are able to I want you to go to the COVID-19 relief fund program that at PBA has set up on their website and this is a fund which we at the Sam Villa brand have already donated to but it's a fund that's out there that's going to help those hairdressers that are in need it's specific fund for salons and for hairdressers so they are accepting applications for that but most importantly they're only going to be able to help those people if people like us that are capable that we donate to that COVID relief COVID-19 relief fund so I just want to bring that to service and thank you PBA for what you guys do for the industry and the PBA correct correct me if I'm wrong but I and Elizabeth isn't on here but she they were going to say that the the a membership to the PBA currently right now is is free of charge is that true or am I getting that right yes it is for it yes you have it right for individuals go ahead yeah for individuals yeah I think yeah for individuals non-members so I think the other thing I would add to that Sam is that you know we are referring a lot of folks to the PBA or the Pro Beauty website because they also have some great resources for those of you that maybe don't have a labor law currently with all this emergency family medical leave information and sick leave information it's very complicated stuff and so go to the pro beauty.org website so that you can stay informed about that if you're a business owner because right now is the time that you need to know that and they have the advocates there that are taking care of that so please please go do that I'm really sad Elizabeth's not on with us yeah the other thing that I would tell you is that like Matt was saying you know get get in touch with your professionals and he he mentioned Copse Odie obviously I'm not a team of one there's 30 of us that work at Copse Odie but your best way of getting information from us on updates in the tax law is to sign up for our newsletter and it's free and all you have to do is text the keyword KOA news to the number 22828 and I know that that's going to get sent out after this podcast with some information but I know that my office can't handle a lot of calls and so I want you guys to sign up for that newsletter so that you can stay up to date with what's going on and and finally I just wanted I just want to share with you that I I feel what Sam is saying and I feel what some of your you stylists are feeling and that's that I don't have a cash reserve and I I just don't know what to do and I have to tell you that we've all been in places like that and it really is our mindset that allows us to choose how we react to things and so you know I've been through some hard things myself over the over my lifetime and those things are what have made me better and I know that you're going to come out of its time and you're going to be better so sit down right now is the time to sit down go through your business plan think about those things that are vital to your business get rid of the fat in your business keep those things that create muscle in your business and really start making a plan and like Sam said you're going to have the biggest re grand opening you've ever had and you know what you might set a date and you may have to shift that date a little bit but be prepared to walk in that door with your head held high and be ready to do what it is that you do best April well said you know really well said and I just want to support that guys because you know I know we all went through this we all went through that grief it's like oh my gosh you know and you're feeling this grief like oh my gosh oh my gosh oh my gosh but I think that it's important that you know the first thing that I went through was denial I'm gonna be really honest here I went through denial it's like this virus won't affect us here in the US it's not gonna get here we're so medically able to take care of it's not gonna get here that was my denial then I went through this grief of anger it's like hold on guys you're making me stay home I can't go out and play golf I can't go out and and do what I need to do which is work but I went through this anger it's like the why then there's this bargaining that went through this bargaining of grief where I really start to say okay if I social distance for two weeks everything will be better right and and that was that that bargaining that I was going through and I'm talking about my mindset what my mindset was going through through this whole thing and then there was sadness and the sadness was I don't know when this will end so and then finally there's acceptance then I went through this acceptance I go okay this is happening I have to figure out how to proceed in a plan and that's where my mindset has been so my mindset went through those stages of grief and what I was going through but it was all about how I had to just say okay this is happening how am I gonna be do with it what I need to do is take the worst images and make them really positive images so I just wanted to share that so it's all about you know just calm yourself and be in the present so I love what April said saying it's in your mindset I don't know about you guys I don't have one little voice talking to me I got a committee up here especially this committee now two committees up here two committees on each side left side to right side of my brain but the main thing is calm on yourself and you you have to stay in the present guys so how do you do that Sam you know we've been talking Andrew Curtis has been talking about it breathe meditate you know one little exercise I do to get me in the present April Matt is I do this five four three two one five things I can see four things I can touch three things I can hear two things I can smell and one thing I could taste and that brings me right back to the moment because if I get caught in that negativity I can take myself below the line and when I go below the line I start affecting my little three-year-old I start affecting my wife so really understand those stages of grief and get to that one where it's all about acceptance and you're going to be fun yeah thank you Matt for that it's great guys so and you know I want to rapid fire a few questions because I mean people have been posting questions quite a bit the one thing I would say to you guys is rest now because when they do open the doors again everyone's gonna be pretty bad looking and we're gonna be working you know 12 hours a day to get everybody in so rest all right so if you guys have time I know April's got to go so a couple questions will do real quick answers for them somebody said I'm concerned about a grand reopening we may be limited to the number of people allowed in the building at a time and that concerns me about the day-to-day in the future what do we change how do we change scheduling Sam do you have any thoughts on that okay you bet so there's there's what I look at as a as a thought of that's a very serious thought you know maybe we might have limitations so maybe that's not the time to do it so when you have those limitations released on you that's the time to do it so there you go take a thought that's a what if and then turn it into I can't so maybe I can't do it then but I can't do it maybe a month two months later down the road and have that big opening that's saying hey we are back 100% not 50% but that's what I want you to think about the main thing is have a grand opening someday you will have it you'll know when there's the best time for you to have it based upon your surroundings April that helps out yeah that's great perfect April are you eligible for an SBA loan if you're if you just opened your salon suite this week I think the answer to that is no I think a salon suite so like like a studio salon if she just opened it probably let's say she opened it a month or two ago maybe I don't know I'm not sure what the date is in the SBA loan rights but I think that it was February 15th I think that's probably a question to look on the SBA web site before we end up getting off this want to make sure I say one thing and that's that guys be looking in your bank accounts if you do direct deposit through the IRS because they are telling us sometime here in the next few weeks and an individual gets $1,200 and each dependent 500 so there's a little celebration for you that'll be coming it's based on the 18 tax return if you haven't filed 19 and then they tell us it'll be trued up somehow in 20 and keep in mind there are some phase outs if you if you make way too much money you do phase out of that but that there's a little a little I guess gift you could call it that's going to be coming to to every everyone that's filed a US tax return so I wanted to get that out there because I forgot to say it earlier no that's great and honestly and I know you got to go so let's just let's do this guys this isn't going to be the last podcast obviously we can go live all the time if you guys need any information best sources PBA's website for sure which I'm I don't know the exact website but you know the PBA's exact website address. Probebeauty.org is the best place to go. Probebeauty.org okay good yeah PBA is probably bowling right so and then so Probebeauty.org they have a ton of information on there obviously you know there's there's different outlets but I think that that's your number one talk to your banker or if you don't have a banker create a relationship call them up tell them you'd love to look at their hair sometime and then you know and just keep watching for more podcasts and more in this if we didn't get to your question I apologize post it in the comments and we can bring it up on a future show as well thank you April so much what where can people follow you and and get more information about what you guys do there I guess that sure so www.copsaodi.com and it's you can see the spelling behind me but it's K-O-P-S-A O-T-T-E.com and you can go to that website and click on newsletter and and then sign up see our past newsletters and then sign up for any new newsletters that are coming out that's probably the best way right now we are favoritly working to help our current clients and so taking on new business right now is extremely difficult so that's probably the best way for you to be in touch with us perfect and then Sam well I bet you can catch us on all of our social platforms on Facebook and YouTube and Instagram Instagram Sam via Sam via hair Facebook Sam via professional and YouTube Sam via so you'll see us constantly out there sharing tons of education and the last thing I just want to leave you with guys is that member you know you you can't control what you can't control so remember what I said what your neighbor is doing is out of your hands so this is the time for us to over protect and not overact God bless you all all right guys thank you so much thank you so much I really appreciate it um thank you to everybody for watching Sam April I'm going to let you guys go uh and I'll see you guys in the future hopefully all right um let's see let me close this thing out here guys thank you so much for uh just hanging in there posting your questions I know everybody's a little stressed right now but there's no reason to be stressed because the future is looking bright we got a lot of great things to look forward to the government is trying to help people out you just got to be patient um salons you know talk to your your CPA talk to your accountant talk to your talk to the bank uh figure out what you're eligible for and think about your decisions because my salon is different than your salon and everybody's salon is different everybody's situation is different everybody provides different things so it's just so important to make sure that you're uh educated on it we've all got time to be educated uh don't read the negativity on the internet read the facts so find those facts on the pva's website uh probeauty.org uh thank you to manorvabeauty.com for uh just creating this gathering of uh mine so that we could really discuss this I hope you guys enjoyed it um and that's pretty much it so follow everybody follow manorva beauty follow free salon education uh hope you enjoyed the podcast we'll be back with more post your questions in the comments for a later episode and we'll get those answered take care guys stay healthy stay safe and i'll see you soon