Beauty Link - Volume 1, Issue 2 - (Page 50) Q | feat ure | R Early War ning Indic ator s Why a Canary can save your school from financial ruin Greg g Me ikle john , Enrollm e n t Res o urces In c . t the advent of the Industrial Revolution, there was a sudden accelerated demand for coal. This was very dangerous work, and you would think the main way in which these poor fellows would expire would be through the collapse of these poorly designed tunnels. While tunnel collapses did occur, the greatest risk for coal miners was death by methane gas, a natural but lethal byproduct of coal. Over 60 years of commitment to the professional salon industry. Head of the Class A Life-Saving Innovation The coal miners and barons went scrambling for an innovation that would solve the issue. The innovation came in the form of a benign little bird, the Canary. Through testing, they realized this little creature had an extremely sensitive respiratory system and would die when exposed to traces or dilutions of methane gas that would not kill a human. Miners would take Canaries into the coal mines, watching constantly for signs the little birds would suddenly keel over. Canaries in coal mines saved tens of thousands of lives and allowed for the mass production of coal, thus accelerating the Industrial Revolution through a crucial stage of development. Coal, Canaries and Enrollment Management? Accountants have early signals that warn an enterprise of financial risk. For example, ratios such as Average Days Outstanding can quickly identify the relative health of one’s receivables. While prevalent in finance, few schools have early warning systems in marketing, admissions and retention. Without an active market and happy and loyal customers, faculty and administrators 800.222.8160 414.977.1449 www.barbicide.com Avoid contact with eyes, skin, or clothing.. King Research is a Registered Trademark of BlueCo Brands 50 | B EA U TY LIN K | T O O LS O F T HE T RADE 2 0 0 9 http://www.barbicide.com Table of Contents for the Digital Edition of Beauty Link - Volume 1, Issue 2 Beauty Link - Volume 1, Issue 2 Contents Message from the AACS President and CEA Chair The Workings of Washington The Ergonomics of Cosmetology Creating the Perfect Brow Smart Technology Is Your Web Site Hooking Visitors? And Then There's Compliance Voices from the Classroom Marketing to Male Clientele Lasers in the Esthetics Industry: Past, Present and Future Unemployment’s Influence 2009 AACS Select Industry Partners The Less Common Road Candid Cameras Regulatory Issues CEA Convention Early Warning Indicators Beauty Schools 101 Multicultural Corner Join AACS/CEA Upcoming Events New Products & Services Shears/Clippers People & Places 2009 AACS Spring Management Conference New School Member Profile Look Who's Reading Index to Advertisers Advertiser.com Beauty Link - Volume 1, Issue 2 http://www.nxtbook.com/nxtbooks/naylor/BSAQ0113 http://www.nxtbook.com/nxtbooks/naylor/BSAQ0412 http://www.nxtbook.com/nxtbooks/naylor/BSAQ0312 http://www.nxtbook.com/nxtbooks/naylor/BSAQ0212 http://www.nxtbook.com/nxtbooks/naylor/BSAQ0112 http://www.nxtbook.com/nxtbooks/naylor/BSAQ0411 http://www.nxtbook.com/nxtbooks/naylor/BSAQ0311 http://www.nxtbook.com/nxtbooks/naylor/BSAQ0211 http://www.nxtbook.com/nxtbooks/naylor/BSAQ0111 http://www.nxtbook.com/nxtbooks/naylor/BSAQ2011MediaKit http://www.nxtbook.com/nxtbooks/naylor/BSAQ0410 http://www.nxtbook.com/nxtbooks/naylor/BSAQ0310 http://www.nxtbook.com/nxtbooks/naylor/BSAQ0210 http://www.nxtbook.com/nxtbooks/naylor/BSAQ0110 http://www.nxtbook.com/nxtbooks/naylor/BSAQ0409 http://www.nxtbook.com/nxtbooks/naylor/BSAQ0309 http://www.nxtbook.com/nxtbooks/naylor/BSAQ0209 http://www.nxtbook.com/nxtbooks/naylor/BSAQ0109 http://www.nxtbookMEDIA.com