How to Start a Salon Business

If your passion is making people look good through various beauty services, getting into the beauty business may be a good investment! Below are important things to consider in putting a salon business. 1. Location In a salon business, you must pick your location carefully. Insider Tips: - You won't go wrong with choosing to put your salon in a mall. - You'd also want to cater from Class A to C. - Spend time looking for a good location and an area that would give you a comfortable size. - It's also a good idea to pick an area with lots of foot traffic if you think you'll depend on walk-in clients. 2. Equipment It's better to buy good used equipments Insider tips: - If you prefer new supplies, shops like Hortaleza, HBC and Accessories and Beauty Equipment stock everything you are likely to need. - It is also important to buy high-quality shampoos and chemicals for nail care, hair treatment and coloring to please your clients. 3. Staff It's always a must to recruit good people for your parlor. Insider Tips: - Your staff should have the technical expertise especially in hair coloring and styling using international standards as a benchmark. - They have to undergo regular and constant training to update them on new products, hairstyles and customer service. - Very important to travel abroad to attend some conventions / seminars. Continuous research is very important to know the latest trends. - Think how can you innovate! 4. Cost Breakdown To put up a 50-60 sq. meter salon in a mall, be prepared with at least 3 to 3.5 million pesos! Costs includes: - Construction plus interior - Rental payment (rental in malls costs P70 to P75 thousand pesos a month) - Deposit payment - Advance payment - Equipment (mirror, chairs, scissor, blower, other gadgets) - Supply (shampoo, chemicals, etc.) - Business permit is one of the highest expenses ranging from P100 - P200 thousand pesos List of Basic Salon Equipments and Materials - Shampoo chair w/ ceramic bowl - Hydraulic chair - Stylist stool - 4-layer trolly - Manicure table - Hair steamer - Infrared stand - Footspa machine - Footspa chair - Waiting chair/sofa - Mirror (65 x 100 m) - Naylon cape - Barber’s scissor - Thinning scissors - Hair comb (narrow) - Hair comb (wide) - Barber’s brush - Hair clippers - Hair brush - Hair blower - Hair rollers/curlers - Hair benders - Hair towels - Hair cap - Heating cap - Hair Iron - Ear pads - Heated curlers - Nail cutters - Nail file - Nail brush - Nail nippers - Face towels - Frosting cap - Nail buffers - Foot scrubbers - Foot file - Pumice sponge List of Basic Salon Supplies - Hot oil - Rebond - Relaxer/straightening - Cellophane - Hair coloring - Hair shampoo - Hair conditioner - Treatment (rebond) - Foot soak - Foot soap - Foot scrub - Foot massage cream - Foot lotion - Cuticle remover - Base coat polish - Colored nail polish - Top coat polish Business Registration Requirements Business Name Registration Visit Department of Trade & Industry (DTI) Provincial Office where the business is located or log on to www.bnrs.dti.gov.ph Mayor’s Permit/Resident Certificate & Sanitary Permit From The Local municipality where the business is located Tax Identification Number (TIN) Bureau of Internal Revenue (BIR) National Office, Agham Road, Diliman, Quezon City Trunkline: (632) 981.7000 / 981.8888 Email: contact_us@cctr.bir.gov.ph Website: www.bir.gov.ph Funding Sources SSS Special Financing Program Social Security System (SSS) Loans and Investment Office SSS Building, East Avenue, Diliman, Quezon City Tel. Nos.: (632) 920.6401 / 920.6446 Email: member_relations@sss.gov.ph Website: www.sss.gov.ph Small & Medium Enterprise Credit Phil. Business for Social Progress 18th Flr., Phil. Social Dev’t. Center, Magallanes cor. Real St. Intramuros, Manila Tel. Nos. (632) 527.7741 to 51 or 527.3751 Fax No. (632) 527.3743 Email: pbsp@pbsp.org.ph or smec@pbsp.org.ph Website: www.pbdp.org.ph People’s Credit Finance Corporation 395 Sen. Gil Puyat Ave. Makati City Tel. Nos. (632) 897.8549 / 897.5822 Fax No. (632) 897.8523 / 897.8528 Email: info@pcfc.ph Website: www.pcfc.gov.ph Training Institutions DTI-Cottage Industry Technology Center (CITC) 20 Russet St., SSS Village, Makati City Tel. Nos.: (632) 942.0880 / 942.3974 Email: citc_dti@yahoo.com Technology Resource Center (TRC) 2/F Jacinta II Bldg., EDSA Guadalupe, Makati City (beside Metro Manila Development Authority-MMDA) Tel. Nos.: (632) 727-6205 Website: trc.dost.gov.ph Technical Education and Skills Development Authority for Women Center (TESDA-WC) 37 East Services Rd. South Superhighway, Taguig City Telefax. Nos.: (632) 818.8062 Trunkline: (632) 814.4076 loc. 278 Email: tesdawomen@yahoo.com Website: http://twc.tesda.gov.ph Have you been dreaming of owning your salon? With this insider know-how, you can make that start! Source: Lucy Britannico (Hairshaft Salon), dti.gov.ph from Hanep Buhay, gmanews.tv

Source: Business Diary Philippines