The Terra Harvell Show5 Sep 2025

Life Changes: Why Every Salon Owner Needs an Exit Plan with Kristin Stutz

In this episode of The Terra Harvell Show, Terra sits down with Kristin Stutz, former stylist and salon owner turned Certified Financial Planner, for a candid and eye-opening conversation about what happens when life throws you a curveball, and your business isn’t prepared for it.
Today, through Illume Financial Strategies, she helps salon owners and stylists build financial plans that protect their future and create true wealth, even if they can’t work behind the chair.
This episode unpacks:
· How Kristin’s salon survived a full year without her in it
· Why most salon owners are one crisis away from closing their doors
· The truth about “freedom” in booth rent and suite models — and why it can cost you everything
· How to build an exit strategy that turns your business into a sellable asset
· The financial blind spots that keep stylists from building real wealth
If you’ve ever told yourself, “That could never happen to me,” this episode is the wake-up call you need.
Follow & Connect:
Host: Terra Harvell | @theterraharvellshow | @theterraharvell | @stratasalonsystems
Guest: Kristin Stutz - Facebook: Illume Financial Strategies | LinkedIn: Kristin Stutz, CFP® | www.illumefs.com | Click to schedule a meeting with Kristin
Kristin Stutz is a Financial Adviser with Eagle Strategies LLC, a registered investment adviser and a New York Life company. illume Financial Strategies, LLC is not owned or operated by Eagle Strategies LLC

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