Thursday, January 21, 2010

How to open up a nail salon business?

I want to open a nail salon, I just want to own the salon and have nail techs work there. What are all the paperwork and requirements that will be needing. Is that a certain website for number that I can use to call and ask questions.How to open up a nail salon business?
That depends on where you're located.You will need enough to cover overhead for six months. Overhead being- your rent, utilities and supplies. You will also need money for fixtures and equipment, licensing, insurance and liability, marketing to get your name out and build a client list and professional fees for accountants, lawyers etc. The best way to find this figure is to do research and write a business plan. Writing a business plan is the best thing you can do because it makes you investigate the cost, competition and viability of success in your marketplace. Nail salons are very competitive and you would be wise to do your research before jumping into it. There are many places that will help you with this. For instance SCORE, Mercy Corps, your local community college, etc. The only way to come up with a true figure is to research and write a business plan.
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