The beauty industry has reached a revenue of $25.3 billion last 2001. With such, this industry has been tagged as one of the most rapidly rising industries today. Out of the revenues in 2001, $2.5 billion of sales receipts came from nail salons, $20.8 billion from beauty salons and $2.1 billion from barber shops. Most people spend an average of $15 for a plain hair cut.
People are major spenders when it comes to enhancing their beauty. A new haircut, a well shaped eye brows, a dashing well cleaned and well coloured nails are enough boost of confidence. An average person normally takes a monthly journey to the salon to get their hair done or get a manicure or a pedicure. The desire to turn into more lovely and presentable is reason enough to start your own salon today.
Setting up a beauty salon does not need an enormous capital. The secret of a successful beauty salon business relies heavily on your capability to consistently provide high quality of customer service. To achieve a service that people will continuously make investments on are excellent service from the attending employees, high quality of Malaysia’s beauty salon equipment, quality products offered at an inexpensive price. Customers are likely to not mind paying more if they get the service that’s worth their penny. A beauty salon serves as an avenue for people not simply to look good however to relax.
A common beauty salon providing a full service usually includes hair, nails, skincare, and sales of professional beauty and hair care products. For hair services, it normally covers trimming, styling, hair cut, weaving, highlights, perming, curling, scalp and hair treatments and shampooing and conditioning. In nail service manicure and pedicure, polish, nail repair, hand conditioning and treatments and sculptured nails. Facials, therapeutic massage, and body waxing is included in skin care. Some salons also add up on profit by selling beauty and hair care products from their trusted and credible beauty supplier in Malaysia.
In starting up a salon business, here are some considerations you need to make:
1.) Capital – The quantity of your capital will depend on your idea of your salon business. You also need to consider your rent, utility deposits, furnishings, beauty salon equipment, opening inventory and leasehold improvements
2.) Personnel – The total number of personnel that you will hire will depend on the vary of services that you wish to provide to your customers. The experience level of the personnel to rent may also impact your start up capital. Hiring personnel who will work for you is one of the keys to your success.
3.) Salon Equipment – Just like personnel hiring, the type of salon equipment you’ll buy will be depending on what services you intend to offer.
4.) Other start up expenses. Make sure to include processing of business license, cash register, merchant account fees, signage costs, insurance coverage, and possible expenses on marketing and promoting your business.
A well laid out business plan earlier than fully investing in the construction and implementation of your beauty salon business will greatly assist cut down on your start up expenses. Make sure to conduct a feasibility study and a analysis on your target market. Location with heavy human traffic is the best viable choice on where you could put up your salon. A consultation to a successful beauty salon owner or a business advisor will also help you provide you with ideas that can make your salon business set straight for success.
This can be very relevant for all salons to feature only the most effective beauty salon equipment supplier in order to draw in more customers and create an excellent customer base.