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Old 03-20-2015, 03:22 AM   #11 (permalink)
 
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Re: Why did you start?

Engfant's going in that direction with his vape pen. I'm too conservative to invest in something that gets voted in at state level, but Feds have the ultimate say.

They may say, "yes it is still illegal on a a federal level, but we won't interfere". That could change in a hot second.

Nope, on the do over for tanning salon. Unfortunately, the crystal ball didn't show all the anti-sun propaganda.
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Old 03-20-2015, 05:52 AM   #12 (permalink)
 
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Re: Why did you start?

I agree on the Vape biz, or rather glass blowing biz. Off topic here, sorry, but food for thought. For years, up until 2 years ago, I have been a tie dye artist, tie dying everything from the typical T-shirts to YOGA PANTS..and my Yoga pants (which is why I became so aware of yoga studios being an easy startup and successful biz) introduced me to several yoga studios that had a desire for my yoga pants, that I started dying total yoga apparel.

I was doing festivals and open marts and met a few artisan glass blowers that were into beautiful glass pipes selling for $100's.

Who would have thought???? I guess my thought is, there is more to do than a declining expensive startup like tanning...Sorry, just my take.
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Old 03-20-2015, 09:36 AM   #13 (permalink)
 
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Re: Why did you start?

Interesting to hear there are others who agree with me; there are better businesses to invest your money in. Yoga is interesting, had thought of that.
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Old 03-20-2015, 12:15 PM   #14 (permalink)
 
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Re: Why did you start?

Add rents that are higher than ever, minimum wage laws ( here in San Diego the city is trying for 12/hour plus paid sick leave even if you only work a few weeks ) Time of use
electric meters which are tanning salon killers. Plus just the cost of everyday business like Credit cards, internet, phone, etc, has gone up tremendously the last 20 years. Yes
the 90's were cash cows, even up to 2005 we had some banner years. But every year
we see fewer new customers. My prediction, another 50% of salons will close this year.
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Old 03-21-2015, 03:36 PM   #15 (permalink)
 
Join Date: Nov 19 2010
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Re: Why did you start?

Quote:
Originally Posted by ljtan View Post
Add rents that are higher than ever, minimum wage laws ( here in San Diego the city is trying for 12/hour plus paid sick leave even if you only work a few weeks ) Time of use
electric meters which are tanning salon killers. Plus just the cost of everyday business like Credit cards, internet, phone, etc, has gone up tremendously the last 20 years. Yes
the 90's were cash cows, even up to 2005 we had some banner years. But every year
we see fewer new customers. My prediction, another 50% of salons will close this year.
Agree totally...had 2 close in my town the last month...
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