Wondering how to start a beauty salon? We take you step-by-step from start to success.
(article continues below)
Creating Business Plans for a Beauty Salon
Never underestimate the value of a good beauty salon business plan. With the right ingredients, your beauty salon's business plan will serve as a blueprint for success.
To assist your efforts, you may want to consider enlisting the aid of a professional business plan writer.
Time and time again, the best entrepreneurs we see rely on professionally crafted plans to guide their decision making. However, outsourcing doesn't completely eliminate your responsibilities in the writing process.
As the primary stakeholder in your beauty salon, you will intentionally need to insert yourself in various stages of the plan's development.
Consider the Competition
Prior to opening a beauty salon in your town, it's a good idea to see how many competitors you have. Try our link below to generate a list of competitors in your area. After following the link, enter your city, state and zip code to get a list of beauty salons in your area.
Is the established competition doing a good job? It's important to understand their strengths and weaknesses and think through how you'll stake up against those established businesses.
Learn from Others Who Are Already In This Space
Once you've finished assessing the competion, it's essential that you learn from folks who are already in business. If you think owners of nearby beauty salons will give you advice, think again. Why would they want to educate a future competitor?
Fortunately, somebody who runs a beauty salon in another town will be much more likely to talk with you, given that you don't compete with them in their area. In fact, they are often very willing to share startup advice with you. It can take a while to find an entrepreneur who is willing to talk, but it's well worth the effort.
Do you know how to find a beauty salon manager in a different locale who can assist you?
Here's one way to do it. Just use our link below, find somebody and call them.
Is It Easier to Buy an Existing Beauty Salon?
Tough decisions are what business ownership is all about. And one of the first decisions you'll have to make is whether to start a business from scratch or buy an existing beauty salon.
In general, purchased beauty salons fare better than startups, at least during the initial few years. When you buy an established beauty salon, you gain access to a functional business operation with a customer base and a steady revenue stream.
Depending on your business goals, you may have no choice but to start a beauty salon from scratch. But for the sake of minimizing risk and maintaining your sanity, a business purchase is often the right move for emerging beauty salon entrepreneurs.
Consider Buying a Franchise
The odds of achieving your primary goal of becoming a successful entrepreneur are greatly increased if you buy a franchise and leverage their successful brand and track record.
Before you consider starting a beauty salon, a smart move is to determine whether there are good franchise opportunities available that might make sense for you.
The link below gives you access to our franchise directory so you can see if there's a franchise opportunity for you. You might even find something that points you in a completely different direction.
These interviews should be of interest to you.
These additional resources regarding starting a business may be of interest to you.
If you already are in business and came here to learn about growing an existing beauty salon, these resources will come in handy:
If you came here to learn about selling to beauty salons, you're in the wrong place. These resources are more appropriate for you:
If you are interested in starting a different kind of business, please browse our directory of guides below.