Business Plan For Hair Salon
Carefully read leases for potential spaces to understand what is and isn’t included by the landlord.
For example, Ruane says, will they provide tenant improvements or offer an allowance if you sign a five- or 10-year lease?
But if you want to grow your salon, Jarman advises, do commission.
“You can always pay debt down, but you can’t have ,000 magically appear if you didn’t forecast and plan properly,” Ruane says.
He recommends creating a plan under the guidance of an accountant and attorney.
Here are a few to get you started: Different salon types have vastly different business models.
Will you open a salon from scratch, buy an established salon or purchase a franchise?