need an idea for a new business hair beauty salons are booming nationwide why because the baby boomers are demanding these personal care services

Hair affliction has been around as continued as humans accept been on the planet.
The earliest document of personal hair affliction dates back 2.5 million age ago, when brushes used to actualize cavern paintings in Spain and France were adapted for statement in hair grooming. Interestingly, abounding of the innovations in hair architecture that are still used today originated in the unpunctual 19th century.

According to 2002 statistics, there were 1.4 million personal affliction services ( in the United States, 313,000 of which were adorableness and hair salons. The hair salon service industry alone had revenues of $55.9 billion, while salon product sales were $5.5 billion. Coloring alone brought in $10.4 billion for the adorableness industry in 2002.

The biggest single customer accumulation is the baby boomer begetting, who by the road any more constitute the largest population segment in America, and who are added than ready to spend almighty dollar on a hair affliction services.

What this means is that the prospects for owners of hair affliction businesses are solid and able. The 2003 Action Demand Survey, distributed by the State Accrediting Commission of Cosmetology Arts and Sciences, indicated that average total income (including tips) for salon owners was $53,150 per year.

There are three ways you can enter the hair industry. You can accessible a franchise hair salon, in which you pament almighty dollar upfront to statement someone else’s established agname and resources such as advertising campaigns. You can buy an established salon from someone who is retiring from the bag or has damaged the bag and is forced into bankruptcy. Thirdly, you could authorize your own salon.

So what does it booty to be a acknowledged salon entrepreneur ( Aboriginal, it helps to be a risk taker, you accept to be ready to ace shot anything to succeed, you accept to accept determination and an entrepreneurial apperception-set to be acknowledged and you charge to accept a eyes and goals for your bag continued chat.

Apprentice added about owning your own hair salon bag:

About the author:
Howard Schwartz is a partner in several bag strategy groups, including HJ Ventures International, Inc. Howard has worked with hundreds of entrepreneurs worldwide with a bull's eye on writing bag plans for companies absorbed in raising chief from Adventure Funds and Angel Investors. Howard’s bag plans accept secured several million dollars in funding.

Originall posted December 17, 2012