Confidential

Rebecca Rose Fine Portraits

Strategic Performance Review & Revenue Recovery Plan

Prepared by Mike Beveridge, Studio Digital · April 15, 2026 · Review Period: January 2024 – April 2026

01 — Executive Summary

The Business at a Glance

Six studio locations. $7.18M invoiced revenue (Sales Log, verified) over the 12.5-month review period. Q1 2026 was the strongest quarter on record at +21.8% YoY. March 2026 was the highest revenue month at $729K. Avg sale climbed to $1,324 (record). The two real problems are isolated: Tallahassee studio (-72% YoY) and Family Legacy product (-82% YoY).

Period Invoiced Revenue
$0
Apr 2025 – Apr 15 2026 (Sales Log)
Record Month (Mar 2026)
$0
↑ Highest in review period
Q1 2026 YoY Revenue
0%
↑ $1.59M (Q1 25) to $1.93M (Q1 26)
Avg Sale (Mar 2026)
$0
↑ All-time high vs $1,111 (Apr 25)
Fur Family YoY Growth
0%
↑ Q1 2025: $536K to Q1 2026: $1.21M
Tallahassee YoY
0%
↓ Only studio in real decline

Central Finding (Revised v5)

The Sales Log shows the business is in strong growth. Q1 2026 invoiced revenue was up +21.8% YoY. March 2026 was the record month at $729K. Average sale value reached an all-time high of $1,324. The Couples line lifted average sale +62% YoY. Two specific concerns: Tallahassee (-72% YoY) and Family Legacy (-82% YoY).

02 — Historical Baseline (2024–2026)

Two Years of Data Tell a Different Story

The 2024 baseline confirms what the Sales Log shows: this business is in a multi-year growth trajectory. Bookings are up 90% since 2024, cancellations down from 25% to 8%, and Q1 2026 invoiced revenue is +21.8% YoY.

2024 Monthly Bookings
510/mo
6,117 total · 25.2% cancel rate
2025 Monthly Bookings
720/mo
↑ 41% vs 2024
2026 Monthly Bookings (YTD)
968/mo
↑ 34% vs 2025
Q1 26 Bookings YoY
+34%
Q1 25: 2,232 → Q1 26: 2,990

The Real Story

Q1 2026 bookings (2,990) are up +34% vs Q1 2025 (2,232). Q1 2026 invoiced revenue (Sales Log) is up +21.8% YoY at $1.93M. Average sale climbed from $1,184 to $1,250 (+5.6%). Cancellation rates dropped from ~30% (2024 avg) to ~7-8% (steady since Sep 2025). Demand, sales execution, pricing, and booking quality are all moving the right direction.

Booking Volume: Jan 2024 – Apr 2026
Total bookings (gold) vs net sessions after cancellations (green)
Cancellation Rate: 2024 – 2026
~30% (2024) → 7-8% (steady since Sep 2025) · Stepped down at Sep 2025
Website Traffic: Feb 2024 – Apr 2026
GA4 sessions · Shows mid-2025 dip and recovery

About the Cancellation Rate Drop (Aug → Sep 2025)

Cancellation rate stepped down sharply between Aug 2025 (17.9%, 111 cancels on 621 bookings) and Sep 2025 (8.6%, 54 cancels on 629 bookings). It has held at 7-8% every month since. The most likely driver is consistent enforcement of the $199 holding deposit across all bookings (deposit-level analysis shows $199 deposits cancel at ~12% vs $1 deposits at 51%). Operational tightening (faster confirmation calls, reschedule-vs-cancel handling) likely also contributed. Operations team should confirm what changed in late August / early September 2025. The rate is real and verified, but the cause is multi-factor and worth documenting.

Year-Over-Year Comparison (Verified Booking Log + Sales Log)
Metric202420252026 YTD (Jan-Apr 15)24→2525→26
Total Bookings6,117*8,6473,873+41%Q1: +34%
Cancellation Rate (avg)25.2%18.0%7.7%↓7.2pp↓10.3pp
Net Sessions (after cancels)4,576*7,0883,573+55%Q1: +76%
Website Sessions166,546155,988~58K (Q1)↓6%+13% Q1 YoY
Sales Log Invoicedn/a$6.48M (full year)$2.29M YTDQ1: +21.8%
Avg Sale (Sales Log)n/a$1,089$1,240+13.9%
Bookings/cancellations from verified Booking Log. Revenue from verified Sales Log. 2025 Sales Log starts April. *2024 booking total approximate based on monthly chart data.

What the Historical Data Proves

Bookings up 90% since 2024. Cancellations dropped from 25% to 8%. Q1 2026 invoiced revenue up +21.8% YoY (Sales Log) and Q1 2026 booking volume up +34% YoY. March 2026 was the highest revenue month at $729K. The Couples line lifted average sale +62% YoY (from $919 to $1,490). The two real problems are isolated: Tallahassee studio (-72% YoY) and Family Legacy product (-82% YoY). Pause Family Legacy, fix Tallahassee, scale Fur Family.

03 — Financial Performance

Revenue Trends

Monthly invoiced revenue (Sales Log). Q1 2026 was the strongest quarter on record at +21.8% YoY. March 2026 was the record month at $729K. April 1-15 is pacing toward a new record month.

Monthly Invoiced Revenue (Sales Log)
Sales Log invoiced · March 2026 highlighted as record month · April shown as 15-day partial
Record Month
$729,296
March 2026 · highest in review period
April Pace (full month proj)
~$737K
↑ 44% YoY (Apr 1-15 vs Apr 1-15 2025)
Fur Family ROAS
11.4x
Improving even as spend was cut
FF Spend Cut Effect
+65%
FF revenue YoY despite 40% spend cut
Quarterly Invoiced Revenue (Sales Log)
Q1 FY26 (Jan-Mar 2026) was the strongest quarter at $1.93M, +21.8% YoY
04 — Marketing Performance

Ad Spend, ROAS & Lead Generation

Meta Ads drive all lead generation. The January 2026 budget shift from Fur Family to Couples did not impair sales output (Q1 was the strongest quarter on record). Fur Family revenue is +65% YoY at lower spend; Couples avg sale jumped 62% YoY. Family Legacy is the one real failure (-82% YoY) and should be paused.

Campaign Portfolio Scorecard (March 2026)
CampaignLatest Monthly SpendMar SalesMar InvoicedSales-ROASVerdict
Fur Family$45,243316$399,1948.8xScale further
Couples Legacy$57,546192$286,1385.0xHealthy · scale carefully
Family Legacy$7,39811$15,2772.1xPause
Senior Dogs (new)4$740newMonitor 90 days
Sales-ROAS = Sales Log invoiced revenue ÷ Token-tracked spend. Point-of-sale ROAS at the moment of the closed sale.
Ad Spend by Campaign Type
Monthly spend · USD
ROAS by Campaign Type
Return on ad spend · higher is better
Lead Volume by Campaign
Monthly leads generated
Revenue by Experience Type
Sales Log invoiced · Apr 25 - Apr 15 26 · $7.18M total

The Real Picture (Sales Log)

Fur Family's share of ad spend dropped from 76% to 35% over six months, yet Fur Family invoiced revenue grew +65% YoY ($242K → $399K monthly). ROAS climbed from 4.9x to 11.4x, confirming the audience is healthy. The cut in spend did NOT impair sales output; the campaign got more efficient. There is room to test further scaling. Family Legacy is the one real failure (-82% YoY) and should be paused.

Campaign Deep Dives (YoY)

Apr 2025 baseline vs Mar 2026, by campaign. Tells the per-campaign story behind the aggregate numbers.

Flagship #1 · +65% YoY
Fur Family
MetricApr 2025Mar 2026Change
Monthly Invoiced$242,130$399,194+64.9%
Monthly Sales197316+60.4%
Average Sale$1,229$1,263+2.8%
Conclusion: Ad spend was reduced from $75K to $45K (Oct 25 → Mar 26), yet sales output grew 60%. The campaign is more efficient at lower spend. Ad spend is not the constraint — there is room to test additional spend, but the existing program is working.
Flagship #2 · +76% YoY
Couples Legacy
MetricApr 2025Mar 2026Change
Monthly Invoiced$162,694$286,138+75.9%
Monthly Sales177192+8.5%
Average Sale$919$1,490+62.1%
Conclusion: Volume is roughly flat (+8.5%) but average sale jumped 62%, indicating significantly improved upselling or product-mix shift to higher-tier offerings. This is one of the strongest operational improvements in the dataset — codify the playbook and apply it to Fur Family.
Structural Decline · −82% YoY
Family Legacy
MetricApr 2025Mar 2026Change
Monthly Invoiced$75,994$15,277−79.9%
Monthly Sales6111−82.0%
Average Sale$1,246$1,389+11.5%
Conclusion: Sales volume has dropped 82%. Remaining clients still convert at a healthy avg sale, but the audience is shrinking. Recommendation: discontinue active marketing for Family Legacy and harvest existing inquiries only. Reallocate the ~$7K monthly ad spend to Fur Family or Senior Dogs.
New Product · Early Signal
Senior Dogs
MetricMar 2026Apr 1-15 2026Trajectory
Sales Closed4369× in 15 days
Invoiced Revenue$740$23,09831×
Average Sale$185$642+247%
Conclusion: Annualized run-rate of ~870 sales. Avg sale climbing as the offering matures. Lower AOV than Fur Family / Couples (~$596 across all Sr Dogs) so price for incremental margin, not as a flagship. 90-day gate: 100+ sales/mo at $700+ avg sale by July 2026 — if hit, scale ad spend.
05 — Studio Performance

Location-Level Analysis

ROAS, revenue, and booking volume across all six studio locations.

ROAS by Studio (Monthly)
Oct 2025 – Apr 2026
StudioPeriod Revenue (Apr 25 - Apr 15 26)SalesAvg SaleQ1 26 YoYTrendTier
Maitland$1,868,7901,634$1,144+77.1%Scale
Franklin$1,962,7801,705$1,151+1.8%Maintain
Round Rock (Austin)$1,202,6041,093$1,100+16.9%Scale
Jacksonville$1,002,662893$1,123+13.1%Maintain
Colchester$849,706668$1,272+69.4%Scale
Tallahassee$287,751311$925-71.9%Resolve
Source: Sales Log invoiced revenue. Q1 YoY compares Jan-Mar 2025 vs Jan-Mar 2026. Tallahassee is the only studio in real decline; Maitland and Colchester are the growth leaders.
06 — In-Studio Sales Team

Salesperson Performance

Revenue, volume, and average sale by salesperson (2026 YTD). These are the in-studio team who conduct reveal sessions and close orders. Yanique leads on volume; Savanna and Nicole lead on average sale. Ramona has been inactive since February.

2026 Revenue by Salesperson
Total invoiced · Jan 1 – Apr 15 2026
Average Sale by Salesperson (2026)
USD per sale · Company 2026 avg $1,250
2026 Monthly Invoiced Revenue with Sales Count
Sales Log · March 2026 record at $729K / 551 sales

2026 YTD Snapshot

Through Q1 2026 plus the first half of April: 1,846 sales totaling $2.29M invoiced. Average sale value is $1,240, up 5.6% from Q1 2025. The team has expanded with five new salespeople (Savanna, Brittany, Madelin, India, LeAnn) since February who collectively delivered $714K in 2.5 months. Volume, pricing, and team build are all moving in the right direction.

07 — Appointment Setter Performance

Telemarketing Team Analysis

All bookings come from telemarketing calls. 219,421 call records analyzed. This team converts Meta leads into booked sessions.

Total Calls Analyzed
0
Jun 2025 – Apr 2026
Q1 2026 Bookings
0
↑ +34% YoY (Q1 25: 2,232)
Cancellation Rate (2026 YTD)
0%
↓ from 39.5% in Jan 2025
Conversion Rate (Apr)
0%
↓ from 11.3% in Jan
Lead Conversion Rate by Setter
April 2026 · % of leads converted to bookings
Call Quality (2+ Min Rate)
% of calls lasting 2+ minutes · meaningful conversations

Combined Setter Scorecard

SetterConv Rate2026 BookingsTotal Calls2+ Min %Cancel %Grade
Pamela Burns12.0%33313,80622.7%4.8%A+
Shawna Packard13.8%14215,76917.7%5.6%A
Ariana Rowlands11.5%26114,43714.8%3.8%A
Adam Weiser8.4%18514,33623.6%3.8%B+
Jennifer Rodriguez8.7%14317,56615.5%5.6%B
Treyonna Matthews7.6%18,04013.8%10.7%B-
Kelly Menard7.1%14534,9755.8%4.1%C+
Stella Cho7.2%1123,73310.4%1.8%C+
Jasmin Martinez6.8%17119,72714.5%8.8%C
Jamian Rodriguez-Rivera18814,93914.3%8.0%C
Meghan Clinger6.6%1447,58510.9%4.9%D
Monthly Bookings by Setter (2026)
Top 6 setters by volume
Cancellation Rate Improvement
Monthly cancellation rate · massive improvement from 40% to 5%

Kelly Menard: Volume Without Quality

Kelly makes 34,975 calls (most by far) but only 5.8% last 2+ minutes. She dials ~117 times per day but gets only 7 meaningful conversations. Compare to Pamela (46 calls/day, 10 meaningful) or Adam (48 calls/day, 11 meaningful). Kelly needs call quality coaching, not more dials.

Lead Flow vs Conversion: Finding the Sweet Spot

Analysis of 16 weeks (Jan–Apr 2026) shows a clear inverse relationship between lead volume and booking conversion. Flooding the team with leads reduces total bookings, not just conversion rate.

Week StartUnique LeadsBookersLeads / BookerBookingsLead→Booking %
Jan 262,611151742549.7%
Feb 22,301161442099.1%
Jan 192,540151692278.9%
Jan 52,874161802478.6%
Jan 123,065171802177.1%
Feb 233,135171842136.8%
Feb 163,454172031223.5%
Mar 233,542142531734.9%
Apr 64,276152851754.1%
Mar 304,806182671493.1%
Sweet Spot
~170
Leads per booker per week
Best Week Conv
0%
Jan 26: 2,611 leads → 254 bookings
Flood Week Conv
0%
Mar 30: 84% more leads, 41% fewer bookings
Voicemail Rate
0%
~Half of calls never connect

The Flood Effect: Why More Leads Means Fewer Bookings

Mar 30 week is the clearest example. Team received 4,806 unique leads (84% more than Jan 26 sweet spot) but booked only 149 (vs 254 in Jan). Each booker worked 267 leads instead of 174. With a ~52% voicemail rate, that's ~133 live conversations per booker for the week — 27 per day, leaving ~2 minutes per call in an 8-hour day. No time to qualify, build rapport, handle objections. Bookers are reduced to dial-voicemail-dial-voicemail with no selling happening.

Active Team Composition (Last 7 Days: Apr 9–15)

17 bookers worked last week, producing 206 bookings. But the team is not homogeneous — here's the real breakdown.

BookerStart DateTenure (days)Last 7d Bookings90d Avg/WeekStatus
JoseFeb 26, 2026492815.6Solid
ShawnaJun 30, 20252902721.9Solid
TreyonnaJul 1, 20252892511.0Solid
ArianaJul 29, 20252612318.1Solid
PamelaJan 2, 20254692117.3Solid
JasminJan 2, 20254691610.8Solid
AdamJul 11, 20252791212.7Solid
JenniferJan 2, 20254691113.1Solid
ValerieApr 9, 202671010.0New Hire
HopeApr 6, 202610911.2New Hire
MirandaApr 3, 20261364.8New Hire
RebeccaMar 31, 20261646.6New Hire
JamianMar 4, 202540867.9Low output
MeghanJan 8, 202698410.2Dropping
RachelJan 2, 202546912.7Under
GlendaJan 6, 202610010.3Under
Solid Performers
0
Combined: 163 bookings/week (avg 20 each)
New Hires Ramping
0
Combined: 29 bookings week 1–2 (strong start)
Underperformers
0
Combined: 12 bookings/week (drag on output)
Effective Team
~12
8 solid + 4 ramping, not 17

Capacity Plan: Hitting 280 Bookings / Week

To consistently hit 280 bookings/week across all 6 studios, the team needs both the right size AND the right lead flow. Flooding the current team doesn't work — already proven.

ActionBookersAvg/WeekWeekly BookingsNotes
Current solid performers (keep)820163Already performing at 20/wk each
New hires (finish ramping over 30–60 days)418+72Valerie & Hope already at 9–10 in week 1
Additional strong hires needed320+60Hire profile similar to Jose / Shawna
Cut underperformers−43−12Replaced by hires above
Target state15~20~295Exceeds 280 target with buffer
Target Team Size
15
Solid performers only
Target Lead Volume
~2,550
Unique leads/week (15 × 170)
Target Bookings
295
Exceeds 280 goal with headroom
Net New Hires
+3
To replace underperformers + add capacity

The Critical Rule: Leads Must Scale WITH Headcount, Not Ahead of It

The sweet spot is ~170 unique leads per booker per week. Any attempt to hit 280 bookings by dumping more leads onto the current 17-person team will backfire, exactly like Mar 30 did. The path is: stop the underperformer drag (cut 4), let new hires finish ramping, add 3 strong hires similar to Jose's profile (49 days tenure, 28 bookings/week), then match lead flow to the new capacity at 2,500–2,800/week. Doing it in this order is how you get 295 bookings. Doing it backward gets you another 149-booking flood week.

08 — Holding Deposit Analysis

Which Deposit Level Works Best?

Rebecca Rose has tested multiple holding deposit levels from $1 to $199. The data shows a clear relationship between deposit amount and client commitment.

Cancellation Rate by Deposit Level
Higher deposit = lower cancellations
Sale Completion Rate by Deposit Level
% of bookings that result in a completed purchase
Performance by Deposit Level (Paid Deposits Only)
DepositBookingsCancelledCancel %Completed SaleSale %Avg Sale
$1703651.4%3042.9%$832
$50501224.0%3570.0%$776
$9919210.5%1684.2%$1,846
$149615396.3%25040.7%$1,140
$1997,67390111.7%5,08866.3%$1,126

Key Findings

$1 deposit = 51% cancel rate. Half don't show up. Those who do spend the least ($832 avg). Nearly-free bookings attract uncommitted leads.

$99 deposit outperforms on every metric. 10.5% cancel rate (lower than $199), 84.2% sale completion (highest), and $1,846 avg sale (64% higher than $199). Sample is small (19 bookings) but the signal is strong across all three measures.

$199 deposit = 66% sale completion rate. Solid, but lower than $99. Average sale ($1,126) is $720 less than $99 clients.

Recommendation: A/B test $99 vs $199. Run $99 at one studio for 60 days. If the higher avg sale and completion rate hold at scale, switching to $99 could increase revenue per session by 64% while reducing booking friction.

09 — Strategic Recommendations

Growth Acceleration Plan

Eight actions, now offensive rather than defensive. The business is in a +21.8% YoY growth phase. Priorities are to scale what's working (Fur Family, top studios) and discontinue what's failing (Family Legacy, Tallahassee status quo).

1
Pause Family Legacy advertising and migrate audience
Family Legacy invoiced revenue is down -82% YoY. Sales-ROAS at 2.1x is below contribution margin. Pause acquisition, route remaining inquiries into Fur Family or Couples.
Save $7K/mo + free spend
Low
This week
2
Resolve Tallahassee (-72% YoY)
Q1 2026 revenue $36K vs $128K in Q1 2025. No top-12 salesperson covers it. Decide this week: reassign coverage, run as satellite of Maitland/Franklin, or close.
Stop the only studio bleed
Medium
2 weeks
3
Test Fur Family spend lift back to $75-90K/mo
Fur Family is sustaining record sales output ($399K/mo invoiced) at $45K spend. ROAS is 11.4x. The campaign is more efficient at lower spend, suggesting room to scale further. Step up by $10K/mo, hold each level 2-3 weeks.
+$150-270K invoiced/mo
Low
This week
4
Replicate Couples avg-sale playbook on Fur Family
Couples Legacy lifted avg sale +62% YoY ($919 → $1,490). Identify what changed (pricing, mix, presentation) and apply to Fur Family, where avg sale moved only +3% YoY.
Up to +$2.5M annualized
High
60 days
5
Codify Savanna's & Nicole's selling approach
Savanna $1,511 avg sale, Nicole $1,419 vs company avg $1,250. 21-26% above. Capture their reveal-session script and roll out to lower-avg sellers (LeAnn $620, Yanique $1,152).
+$200-600K annualized
Medium
30 days
6
Shift studio ad budgets to growth tiers
Maitland (+77% YoY) and Colchester (+69% YoY) are the growth leaders. Lift their ad spend 20-30%. Hold Franklin and Jacksonville. Reduce or restructure Tallahassee.
+$50-100K invoiced/mo
Low
This week
7
Confirm status of Ramona & Arash
Both top historical performers but no sales since February. If departed, codify account succession. If temporary, plan return.
Avoid $1.5M+ annualized gap
Low
This week
8
Past-client reactivation campaign
Email + SMS to ~24K past customers with a "welcome back" incentive. 2% response at $1,135 avg sale = ~$545K annualized.
+$545K annualized
Medium
30 days
Monthly Invoiced Revenue Trend
Sales Log invoiced · March 2026 was the record month at $729K · April 1-15 shown as 15-day partial
Q1 2026 Invoiced (Record)
$1.93M
+21.8% YoY vs Q1 2025
Fur Family YoY Growth
+126%
Q1 25: $536K → Q1 26: $1.21M
Couples Avg Sale Lift
+62%
$919 → $1,490 YoY
Avg Sale (Mar 2026)
$1,324
All-time high
FF Ad Spend vs Sales Log Invoiced Revenue
FF spend was cut from $95K to $45K, but invoiced revenue grew from $548K to $729K over the same period

Bottom Line

The business is in strong growth. Q1 2026 was the record quarter at +21.8% YoY. Fur Family doubled YoY despite a 40% spend cut (the campaign is more efficient at lower spend). Average sale value reached an all-time high of $1,324 in March. The two real problems are isolated: Tallahassee studio (-72% YoY) and Family Legacy product (-82% YoY). Resolve those, scale Fur Family further, and the trajectory accelerates.

Sales Log Invoiced Revenue at Different FF Spend Levels
PeriodFF SpendTotal Ad SpendSales Log InvoicedInvoiced per $1 FF Spend
Oct 2025$75,021$99,161$547,759$7.30
Nov 2025$92,917$113,107$644,720$6.94
Dec 2025$95,365$112,490$516,589$5.42
Jan 2026$86,068$159,932$604,558$7.02
Feb 2026$47,299$105,360$600,587$12.70
Mar 2026$45,243$110,187$729,296$16.12
Avg at $75-95K FF$87,343$121,173$578,407$6.62
Avg at $45-47K FF$46,271$107,774$664,942$14.41
Difference-$41,072-$13,399+$86,535+$7.79
Reading this: Sales Log invoiced revenue was higher in months with lower Fur Family ad spend. The campaign hit a healthy efficiency point. Testing higher spend is still recommended (to see if true scale is possible), but FF is clearly NOT under-performing at $45K/month.