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To guarantee a million dollars in sales for your salon or medical facility next year, gift certificates can play a crucial role. They ensure that customers will return for redemption, thus securing sales. Regardless of whether you sell $10,000, $100,000, or a million, gift certificates promise that the revenue will come back to you. However, many face frustration with gift certificates due to common mistakes in handling them. One key mistake is misunderstanding that a gift certificate is not considered your money until it is redeemed; only when customers exchange it for services does it become your revenue. Recognizing this can help improve the management of gift certificates in your business.