In case it is your dream to open up a hair salon, now is the best time to do it. According to Zion Market Research, it has been estimated that the global spa and beauty salon market should reach roughly 190.81 billion USD in the year 2024. In the U.S. alone, the salon industry is expected to be worth $47.1 billion, and the market size is expected to rise by 1.5% in the year 2019. If you wish to know the best way to get started with the hair salon business, we can help. Although there is a wide array of salons, the tips that we have mentioned below will help you achieve success. Let’s get started.
Table of Contents
- Get a Business Plan Ready
- Zero-in on proper funding
- Search for the Right Mentor
- Pick-Up the Right Location
- Create Your Salon Brand on the Basis of the Type of Clientele You Want
- Opt for the Right Salon Furniture
- Provide Superlative Customer Service
- Set Aside Funds for Marketing Activities
- Final Thoughts
Get a Business Plan Ready
There is no business that can function properly without any business plan. It acts like a roadmap that guides your business to success. However, business planning is not a long, drawn process. It is crucial to have a solid business plan in place, which would help you to figure out the type of your business and how successful can it get? You will also be able to find solutions to your problems.
Zero-in on proper funding
No matter whether you opt to acquire a loan from a traditional bank or borrow it from friends and relatives, you need to know upfront the money that is required to kickstart your dream project. Also, find out where it will come from. Most likely, you will have to adopt multiple funding methods.
Search for the Right Mentor
Since you are planning for your business, it is vital to search for the right business mentor. Find someone who is best in the salon industry and can answer your doubts as you start and grow your business.
Pick-Up the Right Location
Search for the right location as it can have a lot of difference when it comes to success and failure. The place has to consist of high visibility and good traffic. It should be at a premier location where your target audience resides. Search for the right location and find out vacant properties.
In case you see no “for sale” sign in the window, it does not mean it is unavailable. It is never a bad choice to enquire from the owner in case any arrangement can be made.
You simply do not wish to opt for the right storefront, it is all about picking up the whole package. Here, it is important to understand the demographics, the local competitors, and think about how your customers will get to your salon. Enquire whether there is proper parking and whether a construction project has been planned on the block. Ask everything about the area before you opt for the location.
Create Your Salon Brand on the Basis of the Type of Clientele You Want
Before painting the walls and opting for the right furniture, you need to ensure that your brand syncs perfectly well with the kind of clientele you wish to attract. You create a space that your customers love to visit.
This means you need to understand your target market and start working to develop a brand for your salon on the basis of their tastes, interests, and habits. You might think that the word “branding” is only for big businesses. However, it is essential to customize your look in accordance to your client base. This is the best way to create a brand value for your hair salon.
Opt for the Right Salon Furniture
In the service industry, it becomes vital to select the right Salon Furniture that goes a long way in setting up the ambience for your customers. Remember, if you have a proper spa chair for pedicure, it will become comfortable for your customers to enjoy the process while they are being manicured. Apart from that, get the right massage tables, salon trolleys, hairdressing furniture, salon reception desks, nail stations, salon beds, and towel heaters.
Provide Superlative Customer Service
You need to provide an experience to your customers, not merely a service. Remember, it is the overall experience that makes your customers come back. Always have a plan for customer service strategy early on like hiring for emotional intelligence rather than just a skill set. It would also be great if you can look into tools that assist you in delivering quality customer service.
Set Aside Funds for Marketing Activities
For every business, especially hair salon, it is imperative to build a good client base. To help you with this endeavour, you need to have a solid marketing plan. Some of the things that can help you achieve this objective include:
Creating an Engaging and Well-Thought Out Website
For starters, you need to create a good website. For this, you can hire a professional in case, you can afford their services. However, if you are tight on budget, there are lots of DIY website platforms available. It is essential for your website to be attractive, effortless in navigation, and provide useful information to your customers like providing contact info, pricing, hours, and location. Since today most of the salons have online booking functionality, we suggest you include that element.
While designing your website, it is vital to have your brand vision in mind. Also, do not forget to adopt the different things that you learned about your target audience. Bear in mind, your site represents your brand and so it is important to match the image that you wish your salon to present to your customers.
As you might have seen, these are some of the things that you need to keep in mind before starting a successful hair salon. Remember this, as a salon owner, you need to ensure that your customers get the best services at all times. For that, it is important to create the right ambience. This can be in the form of light music, fragrance, open spaces to move, and others. Remember, the more open the environment you create, the better it will be for your customers.