How To Start A Hair Salon Business Plan

Speak with a certified public accountant as necessary.

Speak with a certified public accountant as necessary.Use the outline you created and the information you gathered and write the business plan section by section.Use it to lure investors, potential customers and clients.

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Yes, you should have a passion for hair styling or the basics of hair in general.

But you’ll also need to learn about the business, the operations, and things behind the scenes.

Include supporting documents, such as your prior income tax returns, copies of business licenses and your resume.

Conduct research to help you fill out the sections and subsections for your business plan. Study the marketing campaigns in your area including which salons advertise on television, which use billboards and which ones do not really advertise at all.

Consider working from a template to help you get started.

BPlans.com, for example, offers a sample business plan for Hair and Beauty Salons.

We’ve rallied up with the top local hair salon owners help to break down the steps to opening a hair salon business with topics ranging from beauty salon services to salon marketing plans, and of course the requirements to open a hair salon.

Make sure you check out our opening a salon checklist on the right sidebar as a free download.

Before we begin those 10 steps, it is critical to state the obvious: owning any business (especially one as customer-focused as a hair salon) is a lot of work.

It won’t come easy, in fact, a staggering 80% of small businesses fail in the first 18 months.