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Old 03-17-2008, 02:38 PM   #81 (permalink)
 
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Re: The Dream and Struggles of Opening a New Salon

Opening a new salon or buying an existing salon can be made easier, less costly and more profitable if you get qualified assistance
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Old 05-30-2008, 02:24 PM   #82 (permalink)
 
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Re: The Dream and Struggles of Opening a New Salon

If you have decided to open a salon it is probably the action of a dream to have your own business. Don't take this lightly. Success in business is only achieved from having a proven plan of structure and operation. Luck plays no part in success. There is however a short-cut. Get assistance from a qualified professional.
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Old 05-31-2008, 03:24 AM   #83 (permalink)
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Re: The Dream and Struggles of Opening a New Salon

A beg to differ regarding your "luck" statement. But good plans, and good execution/operation are key, I agree. BTW, anybody that has dreamt of opening a tanning salon as their dream business should go back to bed and try again. There are so many factors working against a newbie's success in this industry right now, not counting "luck", that make this dream business become more like a nightmare for many operators - fledgling and experienced alike.

However, for those that must follow their "dream" and just go for it, do yourselves a favor and go for it with Steve's help. I know Steve and a few of the people he's helped, and they are doing well. Hope this helps. Good luck to all of you.
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Old 12-02-2008, 10:20 AM   #84 (permalink)
 
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Re: The Dream and Struggles of Opening a New Salon

There are a lot of little things that must be done in order to open a new salon, purchase an existing salon and operate your salon in order to be successful. Showing attention to little things creates big results. Short term daily goals will allow you to reach the long term goals.
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Old 12-02-2008, 10:30 AM   #85 (permalink)
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Re: The Dream and Struggles of Opening a New Salon

How about someone start a thread of the joys of BUYING someone's salon
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Old 01-26-2009, 10:01 AM   #86 (permalink)
 
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Re: The Dream and Struggles of Opening a New Salon

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How about someone start a thread of the joys of BUYING someone's salon
You are correct, purchasing an existing salon can be a very good business decision.


Purchasing An Existing Salon Can Be A Good Investment

A quicker less expensive way of getting into the indoor tanning industry is to purchase an existing salon. However you must be cautious because there are many potential pit falls.

90% of all tanning salons are struggling or failing, typically if a salon is for sale it falls into this category. This alarming statistic is not due to a week industry, instead it is a result of new salon owners not being properly educated and prepared for success.

When evaluating the purchase of an existing salon you must approach it as though you are opening a new salon from the ground up. You must first determine the potential of the salon by evaluating the demographics. If the demographics are good you can now evaluate the salon further. Always look at the parking situation and how easy it is to access the location. You should determine all of the changes that must be made to create a successful salon. To do this you must again have the information and knowledge required to be successful. You must determine the cost associated with making these changes.

You must determine the value of the salon by asking a number of very important questions. Net profit of the salon, equipment value or a combination of both will determine the value.

Very old salons can be a problem because the rooms are typically too small. With proper evaluation, a proven plan for success that the previous owner did not have and the proper funding to make the appropriate changes will allow you to own and operate a successful salon saving a great deal of money over opening a new salon from the ground up. Major mistakes made by people that purchase failing salons: Paying more than the salon is worth, not being any more qualified to operate a successful salon than the previous owner, not identifying or making the changes necessary to create a successful salon, not being properly funded. It is just as easy to succeed as it is to fail, knowledge is power. Get qualified assistance or become a part of an alarming statistic.
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Old 03-11-2009, 12:20 PM   #87 (permalink)
 
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Re: The Dream and Struggles of Opening a New Salon

It is less costly to open a successful salon during poor economic times. The strong get stronger while the weak fail. Take advantage of these times to be among the successful.
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Old 06-17-2009, 10:50 AM   #88 (permalink)
 
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Re: The Dream and Struggles of Opening a New Salon

There is a lot to consider when opening or purchasing a salon.
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Old 06-17-2009, 05:39 PM   #89 (permalink)
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Re: The Dream and Struggles of Opening a New Salon

You can get most of the help you need right on the forums. You just need to weed through the bogus stuff.
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Old 06-17-2009, 06:32 PM   #90 (permalink)
 
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Re: The Dream and Struggles of Opening a New Salon

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You can get most of the help you need right on the forums. You just need to weed through the bogus stuff.
Eileen is right, everything you will ever need to know about opening and operating a successful salon is right here on tantalk.
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