There are a handful of recession-proof businesses and a beauty salon business is one of them. According to the stats provided by the Bureau of Labor, the number of salons in the U.S. grew 5.5% a year, between 1998 and 2005 only. The growth is on almost same pace then onward.
Moreover, the Professional Beauty Association estimated that nearly three-quarters of all beauty salons and spas with more than one employee have annual sales of less than $250,000–and 99% of the establishments have just one location.
So, whether you plan something big or something just for your own locality, both have equal chances of success. Profits may not go in millions, but if you and your stylists can gin up a loyal following, you can have a big name within a small setup.
If you have already planned to start a beauty salon or planning something similar, following links will certainly be of great help!
Fundamentals of Running a Beauty Salon by Forbes
Tips on Starting a Beauty Salon by Chorn
Top 5 Challenges of a Beauty Salon Business by CashierLive
How to Write a Beauty Salon Business Plan by StartupGuys
Beauty Salon Business Cards by Zazzle
60 Sassy Beauty Salon Name Ideas via Hubpages
Do not wait and start your own beauty salon today!