| Re: Is a new salon a good idea?
No brainer...........do it!
With a good business model you will do great!
I'm close to a University, but there are 3 other tanning salons closer...across the street from the school!
I have owned this salon 7 months. At month 3, I beat the previous owners foot traffic and revenue for that same month for every year they were open (3)!!
At month 7 I'm continuing to beat every month they were open. I have no past business ownership experience nor extensive tanning experience but I'm doing fine.
You can too, just don't do everything like your big competitors. And your the only one in the area!! Get into the College Coupon Book ASAP! Give a 6 month membership they can't refuse because it's $5 cheaper a month than your closest competitor. Keep your product markup to where a college student can afford it. Have your Upper, Middle and Lower shelf lotions to fit every budget. Work your salon everyday! Go cherry pick an experienced, disgruntled sales person...........then remember to thank me later!
You will kill it!! |