In this episode, Brett outlines seven essential steps everyone must take before starting a new hair salon business.
I recently was talking with Jen and Todd Ford, owners of Hello Hair Company and the Hello Hair Pro podcast. They have great content, by the way, if you haven’t heard of them.
Jen mentioned to me that when she went from stylist to salon owner, she wished she had some sort of guidebook on what to do, how to even start. So, I thought that would be a great idea for an episode.
Because opening a salon can be an amazingly exciting and rewarding venture. But it’s important to remember that it takes more than just passion for hair and beauty to make it successful.
Starting a new hair salon business can be a challenging process that requires patience and know-how.
To ensure your salon is set up for success from the very beginning, there are several crucial steps I think you must take before opening your doors to clients, from securing the necessary licenses and permits to creating a solid business plan and hiring the right team.
[02:09] How much does it cost to open a salon?
[05:17] Alternatives to traditional business loans and popular financing options
[09:33] The benefits of working with a financial advisor or small business consultant.
[14:58] Finding a way to make your hair salon stand out.
[19:10] Determining your value (and pricing) as a hair salon owner.
Looking for more tips on how to grow, scale, and ultimately sell your hair salon business? Check out our other Unchained From the Chair podcast episodes.