Business Plan Salon

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You can find local, wholesale or national distributors with local agents.

For larger items, like chairs and dryers, you will need to work with a larger wholesale distributor like Belvedere or Takara Belmont.

You need a business plan to express your concept– one that studies the industry and contains financial projections.

You can then use the business plan to get the necessary financing you require.

You should also make sure you are far enough away from competitors that offer the same services as your salon.

"Secure a solid location with plenty of parking," said Jim Salmon, vice president of business services at Navy Federal Credit Union.

You can purchase smaller items from a local distributor or directly from a manufacturer, like Paul Mitchell or Estée Lauder.

Once you begin the distributor search, remember to shop carefully and consider every prospect.

Businesses that have not taken the time to get the business plan right don’t succeed at the rates properly planned businesses do.

Of course, a great business plan is also necessary to achieve funding for your business, but we recommend that all clients develop a good business plan – even if your salon will be self-funded.

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