The organization of a beauty salon is a real women's business. Usually, those women who have the education of a hairdresser, make-up artist or cosmetologist begin to engage in it, supported by relevant experience of independent work. But one good and demanded specialty is not enough for organizing a business. You need organizational skills and start-up capital. Is it possible to open a beauty salon using your own savings?
It is necessary
- - premises;
- - equipment;
- - Consumables;
- - staff;
- - cash;
- - entrepreneurial skills.
Instructions
Step 1
Assess your "inner potential" before starting to organize a salon. Do you have the necessary business skills and entrepreneurial acumen? Business in any field requires not only possession of special knowledge and skills in the chosen field of activity, but also organizational skills that not every good specialist possesses. Be prepared for the fact that at first you will have to work without remuneration.
Step 2
Conduct an audit of your financial capabilities. If you are only relying on your own savings, your starting options are likely to be limited. To make an informed decision about starting a business, make an estimate of expenses, including the cost of renting premises, buying or renting equipment, salaries of employees. Do not forget about consumables, which are difficult for a beauty salon to do without.
Step 3
Based on the financial side of the salon organization, draw up a detailed business plan. He will be needed not so much to attract additional funds, if any are needed when expanding the business, but to put his thoughts in order. List the milestones of your business for at least three to four years. This is usually required for the full payback of the enterprise. Draw up the expenditure side of the plan by calculating the monthly cost items.
Step 4
Calculate separately the costs of staff salaries, payments to non-government funds and tax deductions. They will make up the bulk of the costs. Do not forget about smaller current payments: utility bills, stationery. Otherwise, you will be unpleasantly surprised when your real business costs exceed the planned ones.
Step 5
Determine the cabin class you want to create. Practice shows that the most profitable are not elite salons or beauty studios, but establishments designed for less wealthy clients belonging to the middle class. The level of your business expenses will depend on the class of the salon. By starting small, you have every chance of going to a higher, elite level later, when the income from the enterprise allows it.
Step 6
Include in your plans the possibility of third-party investment, even if you do not plan to use it at the initial stage. This can be a line of credit from a bank or a loan from private investors. Having thought over this part of the financial plan, you will get rid of the need to find funds that will be needed for business development, for example, if you decide to expand the range of services.
Step 7
When you draw for yourself a complete picture of the resources that the opening of a beauty salon will require, make your final decision and start implementing your plans. Remember that even a small hairdressing salon that required a minimal initial investment can turn into a luxurious salon with a steady circle of clients over time.
