Saving tips for hair salons

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With more hair salons opening each year, prospective salon owners might be looking for ways to cut costs and increase margins. Given the ever rising cost of electricity and gas in the United Kingdom, the first thing to do is to find a good deal on business utilities. Luckily, there are websites like Utility Bidder that provide comparison information to make this easier on business owners.

This article will outline some other saving tips for hair salon owners that will help them reduce their costs with simple measures. Continue reading for useful information and insights.

Location, location, location

For established businesses a move might be more trouble than it is worth but for prospective salon owners, location is a key factor in potential savings and future revenue. You want to situate your hair salon in a location that gets lots of foot traffic and is easily accessible.

That means you will need to consider:

• nearby retailers and the volume and type of foot traffic they will attract
• parking availability and proximity for your clients
• safety and security for your clients as well as you and your staff
• longevity in terms of property development in the area

The best locations are often areas that are undergoing gentrification as you can secure a good rental agreement while the area is still being developed and enjoy the benefits of an up and coming location.

Find the right products

One of the most enjoyable parts of going to the hair salon is leaving with hair that smells and feels amazing. The average person cannot afford salon quality products at home so make sure that when they visit your hair salon, they enjoy the special treat of amazing products. Some products to consider are:

• Olaplex
• Nioxin
• Rogaine
• Keranique

It can be difficult to choose the right products so be sure to consult online reviews and do your research.

Hire talented stylists

You don’t cheat on your stylist so hiring the right stylists can mean the difference between a lifetime customer and a one off cut. Make sure you hire from the right resource pool and qualify your stylists properly. Don’t be afraid of utilising a probation period to be sure. Another key component of building the right stylist team is to train your staff well. 

Think of the little touches that make visiting a hair salon enjoyable and hire people that are friendly, personable and easy going. The worst thing for your clients is to be stuck in the salon chair being forced to make awkward small talk with a stiff stylist.

Final thoughts

Everyone needs to visit the hair salon at least once a year so it’s a good business to be in. By applying some research and thought to a few areas, you can easily increase savings and ensure the success of your salon.