Thinking of opening your nail salon? We can help you with Nail Salon Business Plan with our professional advice. You are right to ride the trend as more and more people frequent nail salons and are willing to spend on having beautiful hands.
But be careful not to start without knowing what to expect. Here are our tips:
Do you have the right training and enough experience?
Before you start, know that it is recommended to have a certificate in nail formation. If this is not your case, and even if you have a degree in manicure, you may find yourself in trouble. Indeed, this job is very technical and requires that you master several things.
First, think about training yourself and getting your certificate. You can be trained in 3 to 4 weeks, and you will be ready to start the business.
But before starting your own business, why not do a few internships to see how a nail salon works? Apart from laying and embellishing the nails, you will have to take care of the other aspects of a business: accounting, inventory management, personnel management, marketing to bring in your customers, loyalty …
You will theoretically see all these aspects during your training, but nothing like the reality on the ground to realize what awaits you. Also, if you are lucky, your boss can give you tips.
Where can you open your salon?
You will need a temporary place to meet many women, including shopping streets and shorts, to purchase the door and pay the rent, but it is evident that. The advantage for your business is that you don’t need a lot of space to cost you as much as a restaurant, for example.
To find the best spot, you can go around the neighborhoods and watch the places where women walk most frequently, for example, in front of bus stops and schools. But see the kind of women passing by.
Your target is women who want beauty and who can become your customers. Therefore, you must do scouting and serious market research to not find yourself without a client. Also, choose a room that is visible to all passers-by with an attractive facade.
The goal is to draw potential clients who like to look around from the outside before entering.
If your budget prevents you from taking a favorite local, why not try negotiating a corner of an existing store? We see more and more corners of all kinds developing, and why not nail prosthetists.
This will allow you to start building a customer base and testing your concept. You will surely have as first customers those of the store that hosts you without seeking them.
How much will it cost you to launch your salon?
Besides the investment to train you and obtain your certificate, the bulk of the investment is for your premises’ rental or purchase. Then, work will have to be done in this living room to make it welcoming and functional.
You’ll also need protection to cover yourself and the company from issues with customers. If you intend to recruit right away, you’ll need to prepare for salaries and employer fees.
Then you must plan a fairly large budget for all the equipment: tables, chairs, stool, lighting … but also to build up the first stock of care products. Casually, you will have a lot of products to have to satisfy all the requests.
If you have the financial means, go all out in terms of content and decoration. You have to make passers-by want to enter your store. Create a cozy living room that attracts attention with lively colors and soft but visible lighting.
Highlight products like varnishes of all colors. This will make you want to test them. You can also display nail art that you have done in pretty frames to show off your skills and model ideas.
Pamper your customers
Before opening your store, don’t forget to think about the services and prices to be charged. Your customers must have a very clear idea of what they are going to pay. Otherwise, they will not dare to enter the store, or if they take the first step, they risk being disappointed and not coming back.
Display the list of services and their prices in the window.
Don’t forget to plan a loyalty program to maintain your customers. Today, it’s common to provide vouchers: the client pays for ten sessions and gets one free. You can also innovate however you want as long as it attracts and keeps your customers.
Regarding the price, you must practice them according to the district where you are installed. The same service can indeed be offered from single to double, depending on the clientele.
But you have to get it right. If you are too expensive, customers will not be able to afford to come to your place. But if you are not expensive enough compared to the women who frequent the neighborhood, you risk being discredited about your work.
If you have competition, their prices can give you an idea of what you can offer without being exactly on the same level.
We hope all of this information will help you open your store. Good luck!
Digital Bash 