If you are passionate about beauty and want to know how to start a salon business plan or dreaming of opening your own beauty Salon/Parlor?. Which is the most profitable business, also one of the successful small business ideas with high-profit margins, So, In this article, you will find all the steps to follow to succeed in your project, including information on the creation of a business plan of a beauty parlor, a complete step by step guide about starting a salon business. Click to know about How to start a business from scratch-Step By Step.
What? Salon, Beauty Parlour, Beauty Salon
When we talk about Salon, it includes all three, also including a Hair salon.
It is a place where you can find hairdressing, cosmetic treatments, and make-up services are being done professionally.
Beauty parlour looks old fashioned word, normally finds in the neighborhood, in the homes. Whereas the Salon is a modern term working quickly having more than 02 Hairdressers and beauty experts working at the same time.
Step by step guide about starting a beauty parlour business
Do the market research of your beauty parlor
While learning how to start a salon business plan or beauty parlour business plan, the first step is to carry out a market study. The purpose of the market study is to enable you to validate the commercial potential of your institute, but also to define an optimal launch strategy.
For the market study of your beauty salon, it is necessary to carry out detailed research on the tendencies of the sector, as well as a study of the wishes and expectations of your future customers.
Location and required space
It is a momentous decision when you want to know how to start a salon business plan, that will have a direct influence on the success of your project. After choosing the concept of the salon business, it’s time to look at its best location. The busy street location represents the assurance of significant visibility but will cost you more. Choosing a more secluded or private street will save money on rent, but will require more investment in advertising. it is related to your budget, I hope you will take a wise and clever decision.
To start a salon business plan, if you have enough capital, it is better to open a quality beauty salon which will attract the community attention, it is recommended to have at least 1500 square feet area. Better option a rental property because purchasing will cost too much at the beginning of your business. Interior and exterior decoration will be a plus point for your beauty parlor.
How much does it cost to open a salon
How much does it cost to open a salon, it is another important question while finding out how to start a salon business plan. Opening a beauty salon has also different cost figures. that depends on location, size, services, and facilities to be given to the customers. Normally it is assessed from $ 50k to $ 200k.
Identify competitors and their location
To start a beauty Parlour business it is necessary to learn that, Being alone in this activity in an extended geographical area is often a plus. But we must remain vigilant since the absence of a competitor can be justified by the absence of a request.
WARNING: Do not venture into areas where the market is totally non-existent. This would mean that no one is interested in beauty treatments. To know how to start a salon business plan, the following are tips are also very important.
Identify competing services
To better stand out from the competition, it is helpful to offer care that no one else is doing or products that you only sell. This study is also done at the price of the services of your competitor. You can offer the same type of care at a lower price to attract more clients.
Identify potential customers
This is the most important step. If no one is interested in your beauty care is that you are in the wrong place, that you are too expensive, or that your care is not quality.
To overcome these shortcomings, it is important to determine several criteria:
What does the local clientele want: does it really need a nearby institute?
The type of care offered?
Rates of care?
The use of organic or natural products?
The level of attendance by type of client?
Create a newsletter?
Retain customers with a card?
Namely: you can directly question local customers on these issues. This will help you to know where you need to go, what services to offer, what products and prices, and what communication strategy to adopt.
The qualification for the salon business
The qualification requirements to start a beauty parlour business are different state to state.
For example, In Europe to be able to exercise in the field of beauty, it is necessary to have a diploma. However, it is possible to practice without a degree provided that you have at least 3 years of professional experience as an institute manager, employee or independent professional in this field of activity. It is necessary because of skin health issues during different body services in the beauty salon.
Some treatments are not subordinated to a professional qualification:
Non-aesthetic care: comfort care only, or non-aesthetic massage.
The activity of a nail technician (poses, decoration, varnish), excluding manicure.
While in a country like Pakistan It is important to have a beautician course from an institute. It can be from 03 months to 01 year. More institutes available in different cities of likeFaisalabad, Sargodha, Hyderabad, Bahawalpur, Rawalpindi, Quetta, BahawalNagar, etc. but to get complete command on your work and to cover all the skills including the hairstyle, skin treatments, waxing etc you need to have different courses for 02 years.
Legal structure of your beauty salon
You should also keep in mind while finding out how to start a salon business plan, That choosing the legal status of your beauty salon is another essential step that will have a significant impact on both your business and your personal life. It is better to hire a lawyer for guidance, who will help to register your business with specific departments, according to your country or state, For Pakistan it is SECP. (Securities & Exchange Commission of Pakistan)
List of beauty parlour items and workers
Creating a beauty salon requires a significant initial investment, especially to cover the acquisition of equipment: List of beauty parlor items is in the below by name.
General Items: Reception area sitting, Staff Uniforms, etc.
Hair Salon Items: chairs, shampoo bowls, dryers, scissors, combs, mirrors, towels, Spray bottles, Haircutting caps, brushes, and electric styling instruments.
Nail Salon Items: manicure stations, pedicure chairs, sanitation stations, drying lamp, nail polish rack, manicure and pedicure supplies(nail tips, acrylic nails, cuticle oil, clippers, buffers, files,nail polish colors’ assortment.
Beauty Salon Items: salon stations, massage tables, comfortable chairs, and stocks of cosmetics, etc.
It may also be necessary to recruit one or more employees: Apprentices or trainees in the beauty sector are often used, but it is essential to ensure that qualified and competent staff is hired.
You will also need to make sure to cover yourself against the risks associated with your premises, the reception of customers, and your activity. Finally, it may be useful to use an accounting expert to assist you in financial management (accounting, payroll, VAT and other taxes, etc.).
Services Offered at a Beauty parlor
Following is the list of common services that can be offered at a beauty parlour, one should have complete information before starting the salon business.
Waxing and Threading
Body treatments (massaging, etc)
Haircutting, dressing, dying, styling
Much more……..all need to know and understand if you want to know how to start a salon business plan.
The business plan of a beauty parlor
To start a beauty parlour business, There should be a plan of business before you start your business.The business plan of a beauty salon aims to enable you to validate the viability of the project financially and serve as a reference document when seeking funding
In a schematic way for the project, the business plan contains 2 main parts: a financial forecast highlighting the need for financing and the potential of profitability of the project, and a written part aiming at highlighting the assets of the project in order to convince your financial partners.
The business plan is, therefore, an essential document for setting up a beauty parlor or beauty salon whatsoever.
That’s all for this time, I hope this article will help you better understand how to start a beauty parlour or how to start a salon business plan with complete guided steps,whatsoever your query. Feel free to send us your questions or remarks in the comments.