If the opportunity to be your own boss and earn more money sound appealing…

Opening your own salon may be the right career move for you.

7 Essentials For Opening A Hair Salon

The U.S. Bureau of Labor Statistics (BLS) reported that barbers, cosmetologists and hair stylists took home a median annual salary of $24,830 in 2018, while salon owners in the United States reportedly enjoyed median salaries of $74,699 per year.

1. Good Location

Your business’s location is crucial to its success. Your location may impact which business days you choose to operate on. You may be able to rent a large space for less money if it is far away from desirable shopping areas and public transit, but you will have a harder time attracting clients. It’s important to choose a safe, accessible location that customers will be able to reach via car or public transit. It’s also important to check on the local zoning regulations when choosing a business location.

2. Professional Equipment

Hair salons need customized salon chairs, shampoo units, and styling stations. Your customers will appreciate a visually appealing, comfortable salon chair. The experts at Keller International have a wide range of salon supplies to choose from. You can maintain design continuity. They also have a variety of styles. This means that you will be able to find the right equipment to fit your salon’s layout.

3. Decor

Salons need a comfortable place for clients to enjoy while waiting for their appointment. You may opt to include some potted plants and an area rug to make this space welcoming. You may also want to display images of different hairstyles on the walls. You can do hairstyles on models and feature your own work. Your decor may also be influenced by your company’s theme and focus. This can influence your choice of paint color and flooring. You will need a sales station and office for handling paperwork and contacting suppliers.

4. Experienced Staff

You can opt to rent space to stylists. These stylists are not employees and are charged a flat fee for use of the space. You can also hire stylists as employees. Employees can be paid hourly or be paid by commission. Another option is to pay an hourly wage and offer commission. Securing experienced staff can be a way of attracting clientele, so it’s important to determine the best way to attract stylists to your business.

5. A Portfolio

Purchase ibi made by SanDisk. This smart photo manager can be used to store individual photos and videos. You will not need to search through a collection of USB flash drives to find the pictures you want because they can all be stored in one place. This smart photo manager can be synced to your smartphone so that all images can be instantly uploaded. You can easily transfer images to emails or post them on social media accounts. A portfolio of your work can be used to promote your business online and in other forms of advertisements.

6. Superb Products

Salons typically sell shampoo, conditioners, and other styling products. The products you carry can help distinguish your style’s brand and theme. Product sales can increase your company’s revenue. People passing by may stop to purchase items even if they aren’t scheduled for a haircut. You may want to consider forming partnerships with suppliers who are very popular or ones who are not stocked widely in your local area.

7. Accounting Supplies

Salon owners need to process their income and expenses regularly. They also need to file taxes each year. You will want to work with a supplier that specializes in providing all the essentials for your bookkeeping needs, such as tax forms, tax return folder, tax return envelopes, and tax software. It’s important to get your tax materials from a reputable company that will ensure the materials cover everything required for correctly filing your taxes.