How to go from working in a salon to owning a business ?

Best thing to start with, is a plan. Be sure to research everything involved in owning a business, such as taxes, entity choice, business plan, etc.

Katalina-

What a great name! I envision it over the front of your salon .

IN BOLD LETTERS!

I’ve been a stylist for over 45 years and so admire your vision.

Please give yourself time. 3 years ?

5yrs? Be realistic.

Get a business plan.

Some business classes at night will surely help you organize this.

Ask yourself how much time and money do you really want to spend in pursuing this?

Are you going to have a partner ?

How are you going to be different ?

How can you stand out from the other shops in the area ?

Location, location, location.

Where are you going to be located? How many shops are in, say,a 3 mile radius?

Is there any parking for the clients?

Who is your competition?

What is your niche , or target market?

Families? Kids? High- end color?

How can you guarantee return customers?

Booth rental for other stylists?

Investigate the local laws and regulations in the area.

Are special permits required?

(i e - gel nails/ fumes , store sign can only be so big,etc.)

What kind of insurance will you need?

Contact vendors and distributors in the area in which you are interested in. Nails, Color, etc. They may have classes, or, help you with the steps you need to get started.

Can you secure that loyal staff?

Are they flexible?

How flexible are you? ( are you willing to work weekends & holidays? )

I’ve worked many a New Years Eve or Mother’s Day so that someone else might enjoy that time off.

Maybe you won’t want that.

Make contacts now.

What are their talents? Assets?

A blow-dry in 25 minutes?

YOU ARE HIRED.........

Will their clientele follow them to a new location?

Save every customer contact you can because that’s your future clientele!!

Remember, the devil is in the details! From how someone is answering the phone, to,” I

thought YOU were going to do the towels last night!” “ We need toilet paper & coffee ASAP!”

Been There, seen that.

I might suggest homework.

You can start out light by reading

” Own It” by Tabatha Coffey. Grab any books on that subject. You are sure to be a success if you prepare.

GOOD LUCK

Roxanne

Hi Katalina,

If you're interested in opening your own business, you're in the right place! Take time to learn everything you can about what it takes to run a successful business. Ask plenty of questions, offer to help complete tasks you wouldn't normally have to in order to gain as much experience as possible. Learn the business side as well as mastering customer service.

Also, build up your social media to attract as many customers as possible so you can sustain your business once you branch out on your own.

Good luck!