View Single Post
Old 03-02-2005, 12:04 AM   #6 (permalink)
Malandrino
 
Join Date: Feb 16 2005
Posts: 24
Rep Power: 0 Malandrino is on a distinguished road
1. Secure the location, that does not mean you have to sign your lease. Just make sure that it is the location and size you want
2. find a distributor that you want to work with.
3. get an idea of the # of units, what type of equipment, etc.
4. Have the distributor do a salon layout (blueprint)
5. contact the the building inspector in your town, inform he/she what it is you are going to be doing with the space, they will walk you through it. They will talk to you about permits, cost of permits, and time frame.
6. Bids, get three bids for all the work that needs to be done, ie. 3 electricians, 3 contractors/carpenters, drywall, HVAC, heating/air, ect. This is not everything but it's a start. You are going to have to do the due dilligence. This phase of your research is very important. Do not rely on others to provide you with figures, this is something that you have to do for yourself. I don't know how handy you are but some of the work you may be able to do yourself. Again, you need to do the leg work, i wouldn't even bother with asking people ball park figures, they can be very misleading. 80% of new salons go under within two years, do the research, work the numbers, break even analysis, fixed costs, create a business plan, i can go on. what i'm getting at is, now is the time to figure, in detail, as much as you can. Don't wait until you sign your lease then realize the salon is going to cost double of what you thought. Do your homework first.. good luck..
Malandrino is offline   Reply With Quote