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| Tanning Biz Newbies Are you a future salon professional and new to the Industry? |
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#27 (permalink) |
![]() Join Date: Jan 27 2005
Posts: 242
Rep Power: 4
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MJ,
Your ten most important steps to opening a tanning salon forgot one very important step: MONEY. Make sure you have sufficient capital to invest in a tanning salon. Make sure that you have sufficient capital for startup capital expennditures (equipment, buildouts, etc.) and also working capital. Working capital should be sufficient to get you through your first year of operations and into year two. Don't quite your day job and don't let your spouce quit their job unless you can afford to do this. Don't depend on lenders to bail you out.There is a limit to how much lenders will allow you to borrow and for petes sake don't get yourself so much in debt that you are so highly leveraged that when the slow season comes you can't meet your lease or loan payments. I hope that this helps. |
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#28 (permalink) |
![]() Join Date: Dec 27 2003
Location: Florida
Posts: 2,548
Rep Power: 5
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Quote:
On 2005-09-04 19:14:00, Neon Beach wrote: Top Ten Things You need for A Successful Tanning Salon: 10. Money 9. Money 8. Money 7. Money 6. Money 5. Money 4. Money 3. Money 2. Money And the Number one thing you need to succeed........ ~drum roll~ 1. More money, that you don't have to pay back to anyone!! |
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LinkBack to this Thread: http://tantalk.com/tanning-biz-newbies/2322465-ten-basic-tips-opening-salon.html
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| Tips for Opening a Tanning Salon - Winzy Search and Win | This thread | Refback | 06-23-2007 05:19 PM | |
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