Starting a beauty salon is a good choice for anyone looking to venture into a lucrative business. Some people may view it as a simple undertaking, but there are several things to consider that have a huge impact on the business. At the forefront is the starting capital, then there is the budget, staff, location, and procurement of equipment (factoring in both quality, and quantity), and determining the types of services you will offer.
You can opt to lease an existing salon, which is a good call if you have little knowledge of running and demands of such a business. Alternatively, you can start a salon from scratch if you have the resources and a promising location. Whichever your choice, you need a business plan at hand to guide you on the steps to take.
For instance, your choice of location should be based on market survey. You need to know the prices of the salon equipment and beauty products you need. Some equipment such as chairs, sinks, and dryers, are indispensable. Others such as pedicure and manicure sets, pins will need to be often replaced.
In most cases, the type of equipment determines the services rendered and the salon ambiance, which is a vital element. Stick to quality; this means buying the equipment from reputable retailers. The equipment may not come cheap, but you might find retailers that offer discounts on their equipment if you do your homework right.
You might want to consider buying some of the equipment in extra quantities just to eliminate any chance of running out of stock. Set up the beauty salon in a way that offers enough room for movement, easy cleaning and maintenance, and is catchy to the eye.
Often than not, many of the successful salons started small offering services such as haircuts, facials, manicures, pedicures and makeup. They gradually expanded to offer other services such as massage therapy and spa services.