Merchant Cash Advance Blog

Niche markets in any industry are usually a great way to generate more revenue, but this is especially true when it comes to providing children hair services at your salon. According to Inc., the salon solely catering to children is an estimated $5 billion industry per year. The entire hair salon industry is a $45 billion per year endeavor, so this service alone can make up more than 10 percent of that revenue. Maybe it is time that you started appealing to parents and their kids.

If you own a beauty salon, then you are able to draw a salary that ranges from $30,000 to $80,000 per year. Your geographic location and the number of customers you have will greatly impact where you fall in that range. However, day spa owners fall into a pay range of $35,000 to $120,000 per year with smaller day spa owners making anywhere from $80,000 to $100,000 per year.

Did you know that pedicures account for the greatest percentage of salon revenues - a whopping 29 percent to be exact - compared to all other salon services? As of 2012, the nail business was a $7.47 billion industry, with pedicures being the most popular service. If your hair salon isn't offering pedicure services, you are missing out on proven way to increase your salon’s revenue. But it's not just a matter of hiring a pedicurist; here's what you need to know if you are adding pedicures to your salon’s service list.

It seems as though Americans by and large are becoming more environmentally conscious. In fact in a 2012 survey, 59% of the survey respondents said their habits and behaviors had become more eco-friendly than in the previous five years. With society becoming more “green”, small businesses are changing in an attempt to help the environment and meet their customers’ expectations.
If you own a hair salon you can implement changes ranging from minor to major to make your business more environmentally friendly.

Excellent communication between salon owners, employees, and clients is critical to a successful salon. One of the best tools to create seamless communication is a well-equipped phone system, which can help you provide clients with stellar service without being tied to your reception desk.