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Divine Food for Divine Beauty
Excerpted from the book “Your Right to Be Beautiful: How to Halt the Train of Aging and Meet the Most Beautiful You” by Tonya Zavasta. The book is available at: http://www.beautifulonraw.com/html/righttobe.html The phrase "natural beauty"...
How Effective is Your Leadership Style?
How Effective is Your Leadership Style? Motivating employees according to their needs. by Dr. Marilyn Manning Would your staff say that you are easy to work with? Would they call you picky, overly analytical? Do they accuse you of dropping the ball...
Narcissism in the Boardroom
The perpetrators of the recent spate of financial frauds in the USA acted with callous disregard for both their employees and shareholders - not to mention other stakeholders. Psychologists have often remote-diagnosed them as "malignant,...
Pine Furniture Care Guide
First, some background on PINE WOOD. Pine is a naturally soft wood which continues to "breathe", based upon changes in the local (home, office, store, etc.) humidity and temperature. On the individual furniture piece there may be slight defects,...
When the Best Gets Even Better: The Release of Maya 6.5
No one would have thought that it is possible – I mean, how could the best possibly get better? But I guess for those who have a vision, it is possible. And vision is exactly what the people in Alias Systems Corp. have. February 2005 marks the...
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The History of the Franchise Business - Learning about Business Opportunities by Looking into the Past
Hair care has been around as long as humans have been on the planet. The earliest record of personal hair care dates back 2.5 million years ago, when brushes used to create cave paintings in Spain and France were adapted for use in hair grooming. Interestingly, many of the innovations in hair design that are still used today originated in the late 19th century.
According to 2002 statistics, there were 1.4 million personal care services ( http://www.hjventures.com/writing/Beauty-parlors-shops-Business-Plan.html) in the United States, 313,000 of which were beauty 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 beauty industry in 2002.
The biggest single customer group is the baby boomer generation, who by the way now constitute the largest population segment in America, and who are more than willing to spend money on a hair care services.
What this means is that the prospects for owners of hair care businesses are solid and strong. The 2003 Job Demand Survey, distributed by the National 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 open a franchise hair salon, in which you pay money upfront to use someone else’s established name and resources such as advertising campaigns. You can buy an established salon from someone who is retiring from the business or has damaged the business and is forced into bankruptcy. Thirdly, you could establish your own salon.
So what does it take to be a successful salon entrepreneur ( http://www.hjventures.com/salon-business-plan.html)? First, it helps to be a risk taker, you have to be willing to try anything to succeed, you have to have determination and an entrepreneurial mind-set to be successful and you need to have a vision and goals for your business long term.
Learn more about owning your own hair salon business: http://www.hjventures.com/hair-salon-business-plans.html
About the Author
Howard Schwartz is a partner in several business strategy groups, including HJ Ventures International, Inc. Howard has worked with hundreds of entrepreneurs worldwide with a focus on writing business plans for companies interested in raising capital from Venture Funds and Angel Investors. Howard’s business plans have secured several million dollars in funding. http://www.hjventures.com
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