Want to Start a Nail salon Business? Check out the tips here

nail salon

 

The nail salon business is very promising. Women are willing to spend some money regularly to beautify themselves. Moreover, reflecting on the popular K-Pop idols in Indonesia, men are also motivated to pay attention to their appearance. If you are interested in starting a nail salon business, this article will provide a brief overview of how to start a nail salon business from scratch. 

1. Make a Business Plan

 Like a business, opening a nail salon also requires a detailed nail salon business plan. This plan is not just wishful thinking in the head but must be well documented in the form of notes or a proposal. Later, this proposal will be useful if you are looking for investors. Then, what things need to be recorded in the plan? Among them are business concepts, types of services, target markets, business locations, equipment, human resources, material suppliers, capital, marketing strategies (promotions) to loyalty programs. In making a business plan, the more specific the details, the more measurable the business, and the easier it is to execute and evaluate. 

2. Choosing a Strategic Location

 Location plays an important role in the development of a business. A strategic location for business is a location with high visibility, high foot traffic, close to the center of the crowd, easy to reach and minimal competitors. The building used can be a residential house or a rented shophouse, depending on the availability of funds. Residential houses allow you to be free from rental fees, while rented shophouses tend to provide greater market exposure.

3. Determining the Type of Service

The nail salon business is a broad area. However, you can still break it down into various hair, facial, nail, body, spa treatments, etc. You can choose one treatment or combine several at once. This selection will have an impact on the variety of types of services offered. If you are new to this field, you can start with hair washing, haircut, cream bath, mask and smoothing services. Then, with the course and experience of you and your future employees, you can continue to add services to the list.

4. Prepare Human Resources

in this case, you and your employees. You or employees need competence, experience or even education from a certification course or beauty school. This will make it easier to improve the quality of service as well as show customers that you are serious about your business.

5. Manage Finances 

Before starting the business, you will be involved in recording transactions in and out of business capital. Therefore, you need to equip yourself with good basic bookkeeping skills and an attitude of caring for details. Some things that you need to pay attention to in preparing finances in advance are operational costs such as the cost of implementing business concepts, renting a place, equipment, materials, and training. For a more stable business, prioritize the use of capital from savings rather than loans/credits from other parties. Use business capital wisely and monitor every entry and exit in detail.

For more information you should visit business plan consultant.

6. Promotion 

Once the preparation is done, you can do the first promotion to introduce your salon, especially to the market around your location. Promotion can be done using the print/electronic media advertisements and social media. If you have previously worked in a large salon, you can promote your salon to your old clients. If you build a large enough salon, sometimes a marketing consultant's help will be needed for ideas or tips to attract more specific customers.

7. Creating a Loyalty Program

The nail salon business is promising, but fierce competition is also fierce. Therefore, you need to keep your customers close to a loyalty program. Loyalty programs or loyalty programs can be given by giving reward points to be exchanged for certain services, referral programs, or providing certain services for free on certain days such as anniversaries or Mother's Day. Considering that beauty services are something that is needed regularly, the loyalty program will be eagerly awaited by customers. In addition, loyalty programs encourage customers to try new products or services at your salon. Thus, this will also increase your business's Customer Lifetime Value (CLTV).

The nail salon business requires careful planning and commitment to running it. Every aspect of the business needs to be carefully thought out and not rushed. Apart from making sure you get new customers. You need to maximize your loyalty program to keep your old customers and build good relationships so that they are always looking forward to your next scheduled treatment at your salon.

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