Salon Startup & Growth

There no denying it, opening a new salon whether it's your first or fortieth entails risk, usually lots of it. It's estimated that around 10 to 15 percent are forced to close each year. Most of these failures are salons that have been open fewer than 3 years! It takes lots of planning, capital, hard work, perseverance, and a little luck doesn't hurt either, to launch a new salon that hits the mark and becomes a financial success.

There are many factors that can increase a new salon's chances for success in the areas of planning, location, market analysis, concept, menu, financial feasibility, staffing, operating systems and more. We are focused on bringing content in a variety of formats to these areas with the objective of providing you with resources that will enhance your ability to better plan the opening process, evaluate the financial feasibility, make more informed decisions and go into the development process with tools to stay organized and on track with your plan. The Startup & Growth section is our newest addition to the Toolkit. Please give us your thoughts and ideas of what other materials would be useful in this area and how we can make it better.