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Who we help · Med spas · CFO services

CFO discipline for clinics that earn through expensive machines.

A medspa is a capital-intensive business wearing a beauty brand. The machines cost what a renovation costs, the injectables cost by the unit, and the cash that floods in during package season is already owed back in treatments. Our Fractional CFO work puts numbers under all three: a business case for every device, financing on terms a banker would sign, and margins read by service line instead of one blended figure.

Laser treatment in a medical spa

Every new device gets a business case first

A laser platform is priced like a car and earns like a hotel room: only when it is booked. Before anything is signed, we build the model from the clinic's own numbers, treatments per week at the real price list, consumables and handpiece servicing per treatment, the payment on the financing quote, and the room hours honestly available once existing bookings are counted. The output is a break-even stated in treatments per week, tested at conservative utilization. A machine that only works with a full book is a finding, not a failure; sometimes the answer is to rent access, share a platform between rooms, or wait two quarters.

Demand for a new treatment ramps; the loan payment does not. The model carries a ramp curve rather than a cliff, first months light while the clinic markets the service and trains on it, so the cash plan funds the gap on purpose instead of meeting it as a surprise.

The same model settles the pricing argument. Once the capital cost per treatment is explicit, discounting a device service to fill the calendar stops being a feel decision and becomes arithmetic the whole team can see.

Loan or lease, decided on paper

Device vendors sell financing alongside hardware, and the offer in the sales quote deserves a competitor. Walla spent years on the banking side before founding Tauro, so the clinic's package goes to lenders the way lenders want to read it, and through Business Financing Advisory we put a bank or leasing alternative beside the vendor's paper before anyone signs.

 Equipment loanLease
Who owns the machineThe clinic, from day oneThe lessor, until any buyout
The deductionDepreciation plus interestLease payments as paid
HSTCredit claimed on the full price up frontCredits claimed payment by payment
End of termKeep it, trade it or sell itReturn, renew or buy out at the residual
Where it bitesDown payment and covenantsEffective rate hidden in the payment

Neither column wins in general. A clinic with strong cash and a long-life platform usually buys; a clinic testing a new treatment category, where the technology may be superseded in three years, often leases the risk away. The point is to choose from a comparison, not from whichever rep was in the room.

Three margin engines, read separately

Injectables carry a per-unit product cost that moves with supplier pricing and loyalty-program rebates. Device treatments carry almost no marginal cost but must recover their capital, so their margin is a function of utilization. Retail skincare adds margin dollars at low effort but ties cash up on the shelf and expires there. One blended gross margin hides all three stories, which is why our monthly pack reports margin by service line plus revenue per treatment-room hour, the single number that says whether the binding constraint is rooms, injector hours or demand, and therefore whether the next dollar goes to a hire, a machine or marketing.

Commission plans sit inside the same lens. A percentage paid on a discounted device treatment can quietly hand the whole margin to the provider, so we test the commission grid against the service-line numbers once a year and after every price change.

Cash that is already spoken for

Package and membership money arrives ahead of the work, so the bank balance runs structurally ahead of the truth. We keep a 13-week cash-flow forecast beside a redemption schedule, so the portion of the account that belongs to future treatments stays visible when spending decisions get made. The rhythm is monthly: close the books, review the KPI pack, reforecast the quarter, and revisit the capital plan, with the second-location model built only when the first location's unit numbers have earned it.

This is what Fractional CFO means at Tauro for clinics across the GTA: senior finance judgment on a clinic's schedule and budget, sitting on books kept clean through End-to-End Accounting. Scope is quoted in writing after a free 15-minute discovery call, with no hourly surprises.

Common questions

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How do I know whether a new laser will pay for itself?

Model it in treatments per week: price, consumables and servicing per treatment, the financing payment, and the room hours genuinely available. If the machine only breaks even at near-full utilization, the honest options are renting access, sharing a platform or waiting.

Is the device vendor's financing a good deal?

Sometimes, but you only find out by putting a bank or leasing quote beside it. Vendor paper is convenient and fast; the effective rate and the end-of-term terms are where it can cost more than it looks.

Why does my bank account look healthier than my income statement?

Because package and membership money lands before the treatments are delivered. That cash is part liability, and a redemption schedule beside a 13-week forecast keeps you from spending what is still owed back in sessions.

Keep exploring

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Beauty & Personal Care

Every beauty & personal care niche we work with.

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Med spa accounting

Per-unit injectable costing and package liabilities, monthly.

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Day spa CFO services

Membership economics and the second-location decision.

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Make the next machine a numbers decision

A free 15-minute discovery call, no commitment. Walla replies within two business days, either way.

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