{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"How Systems Help Build a More Valuable Business With Hannah Milojevich","description":"In This Episode A valuable business isn't built by leaving performance to chance. Hannah Milojevich's experience shows what can happen when expectations, training, financial goals, and even the smallest customer experience details are turned into consistent systems. In this episode, Adi Klevit interviews Hannah Milojevich about her journey from becoming a salon owner at 26 to growing two locations, strategically increasing their value, selling them, and preparing for her next entrepreneurial venture. Hannah explains that she intentionally moved away from the booth-rental model common in smaller markets and created an employee-based organization with training programs, advancement opportunities, and consistent systems for both employees and clients. Adi and Hannah explore how measurement helped make those systems work. Hannah held monthly performance reviews with every revenue-producing employee throughout her ten years as an owner. Team members knew the number of services they needed to perform, who they reported to, their rebooking and productivity targets, their average ticket, and what they needed to accomplish to reach the next level. That structure created what Hannah describes as \u201cfreedom in the framework,\u201d giving people clear expectations while still allowing them to be creative. The conversation also shows how systems can directly affect enterprise value. After receiving a valuation she wasn't satisfied with, Hannah intentionally stepped away from serving clients so the company would become less dependent on her as a revenue producer. She established financial targets, opened a separately structured second location, and focused on improving profitability and business value. As she now prepares to enter the hospitality industry, she's applying the same principles again: research the market, understand the numbers, build the systems, and create a business designed for growth from the beginning.   ","author_name":"Systems Simplified","author_url":"http:\/\/systemssimplifiedpodcast.com\/","html":"