| For Hairdressers.....
opening a salon?
your own hair salon
Opening your own salon often comes as the next logical step
for an experienced hairdresser who’s working for someone else.
Perhaps you want to be your own boss or you can see an opportunity
to fill a gap in the market, providing a service that no one
else in your location is doing.
Setting up and running your own salon is a challenge and
there are key steps you will need to take:
Research the local market
Prepare a business plan
Get funding for your salon
Become an employer
Health and safety
you start, ask yourself the following questions:
Where are you customers going to come from?
A survey of our readers suggests most people choose a hairdresser
based on location or on recommendation. Your current employment
contract may prevent you from contacting your existing clients
to tell them about your salon, so you can’t rely on taking them
with you. It is essential you do some local market research
to get a realistic idea of whether you’ll have enough customers.
How will you fund your business?
Setting up a salon can be expensive. Renting/buying the premises,
fixtures and fittings, hair products and equipment will all
need to be in place before you open. You may not be busy initially,
but you will still have bills and wages to pay. Learn more in
our section on getting funding for your salon.
Do you have the necessary business skills?
You may be an expert stylist, but do you know how to run a business?
There will be bills to pay, accounts and records to keep and
regulations to comply with – both for the business and any staff
you employ. Do you have any experience of recruiting and managing
staff? Do you know how to promote your business? To help you
succeed, it is important you have a business plan for your new
salon. If you’re going to be applying for funding from somewhere
else, a good business plan is essential.
The hairdressing industry is a competitive one, but if you have
hairdressing expertise, a good business plan and the determination
to succeed there is no reason why you can’t have a successful