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Minimizing Risk When Owning a Hair Salon

By December 13, 2023Salon Spa Blog
hair salon suites for rent

If you are considering opening a hair salon, this article is an article you really should read. We are Salon & Spa Galleria, serving the Greater Fort Worth area with twenty-three salon suite rental locations. Call us at 817-917-1416 for more information.

Okay, let’s talk about minimizing risk when owning a hair salon.

Start small with your first hair salon.

We cannot overemphasize this too much.  Far too many first-time business owners allow their huge dreams to affect their early decisions.  The concept “bigger is better” has killed many a start-up business, and because of that we strongly urge you to start small, small as in one person, you, and no employees.

Small means fewer decisions. Small means less expenses.  But small does not means low income.  It is entirely possible, and we know this is true because we see it play out daily in our salon suite rentals, for a one-person beauty salon, hair salon, or nail salon, to make a six-figure income.

The bigger you become, the more people you hire, the more headaches and possible pitfalls you will have.  Those words are true, and we want you to pay close attention to them, looking at them with a discerning eye, setting aside the dream of owning a five-station beauty salon with thousands of customers.

It’s not necessary!

A hair salon amenity package worth considering.

We also strongly recommend you rent a salon studio rather than lease a retail building. The cost is considerably less and, again, the risk is much less.  There are a number of rental agencies, like Salon & Spa Galleria, to choose from.  Find the one with the best amenity package.

What does our amenity package look like? Included in our low rental price are the following:

  • ask about our maternity leave program.
  • 24/7 salon access
  • 24/7 security monitoring
  • Plenty of parking for tenants and clients
  • Convenient access
  • Handicap accessible
  • Wide hallways
  • Comfortable waiting area
  • On site laundry room free to all tenants. We even provide the soap.
  • Break room with microwave, sink, Keurig, refrigerator
  • Endless instant hot water with tankless hot water heaters.
  • Smart TV with fiber in each room
  • Free wifi for tenants and your customers
  • Decorate your suite how you want!
  • Utilities included (water and elec)
  • Wash bowl or sink in each suite
  • Beautiful state-of-the-art equipment available

Keep expenses down; let your talent speak for you.

Another recommendation we strongly suggest is to set aside huge marketing and advertising plans you might have.  Traditional marketing is expensive.  Instead, let your talent speak for you; word of mouth advertising is highly effective.  If you have talent, word will spread.

Besides, there are ways to advertise which do not cost an arm and a leg.  Social media is free and very effective. Learn all you can about social media and search engine optimization.  No cost to you and the possibility of huge returns.

There you have it a blueprint for success with very little risk involved.

A final word about Salon & Spa Galleria.

Salon & Spa Galleria is locally owned and operated, and we would love to give you a tour of our facility. Call us today, arrange for that tour, and find out why we are the #1 affordable and highly effective salon suite rental agency in the Greater Fort Worth Metro area.