Menomonee Falls has been on a decline for some time. With the loss of the salon manager and challenges keeping/hiring staff, things are not looking good at the moment. IChristina is struggling with figuring out what to do. We talked about some immediate actions to take. Again, one big issue is hiring. She is asking if we can offer a 'sign-on' bonus to attract stylist (one time bonus).
We dropped $30,000 into Menomonee's account (TI Money) back on March 4th. Even with that infusion of cash, the bank account has gotten down to $6500 before payroll runs this week. This account is critical and needs an additional investment in order to remain opened.