Here are the steps you can take to get started on building your very own nail salon business.
10 Steps to Launching a New Nail Salon
1. Choose Your Type of Nail Salon
The first step in launching a nail salon business is to identify the type of nail salon business you want to launch. You might choose from the following types among others:
- A full-service nail salon that offers manicures, pedicures, artificial nails, and nail art
- A natural nail salon that focuses on healthy nails and offers minimal services like manicures and pedicures
- A spa/salon that offers a wide range of beauty services in addition to nails, such as hair, skin, and massage
2. Name Your Nail Salon
Give your nail salon business an identity so people will think of it as a well-known and respected brand. You can take the name of your nail salon business from your industry, focus on a geographical location, or use your own name among other options.
The main goal for naming your nail salon business is to make it sound appealing and trustworthy so that customers will want to come to your salon.
3. Determine Your Nail Salon Business Model
There are several possible types of business models for a nail salon business including:
- A full-service nail salon that offers a wide range of services including manicures, pedicures, artificial nails, and nail art.
- A natural nail salon that focuses on healthy nails and offers all-natural services, like clear manicures and pedicures.
- A spa/salon that offers a wide range of beauty services in addition to nails, such as hair, skin, and massage.
No matter which model you choose, make sure that it aligns with your business goals and the services you offer.
4. Choose a Legal Form for Your Business
By incorporating your nail salon business, you will limit your liability. You can incorporate as a Limited Liability Company (LLC), a C Corporation (C-Corp), or an S Corporation (S-Corp). Or you can operate as a sole proprietorship.
The business structure you choose for your nail salon business will determine the amount of taxes you pay and which state or federal tax forms you need to file.
Read our article comparing the most common nail salon business structures.
5. Write a Nail Salon Business Plan
All nail salon business owners should develop a business plan.
A business plan is a document that outlines the goals, strategies, and operations of a business. It can be used to secure funding from investors or lenders, as well as to guide the day-to-day operations of the business. The business plan should include information on the company’s products or services, market analysis, financial projections, and management team among other things.
Read our article about how to write a nail salon business plan.
6. Apply for the Necessary Permits and Licenses
There may be required licenses and permits you need to obtain before launching your nail salon business.
For example, you will need a cosmetology license if you want to offer services like manicures, pedicures, and artificial nails.
You may also need a business license or permit from your local government. And, if you are renting or leasing space for your salon, you will likely need a special occupancy permit.
Read our article about obtaining the proper nail salon business licenses.
7. Determine Your Budget & Apply for Funding as Needed
In developing your nail salon business plan, you will figure out how much funding you need to start and grow your business.
If you have your own funds to invest in your nail salon business, you may consider taking advantage of that. In addition to your personal funds, other forms of potential funding for your nail salon business include traditional bank loans, SBA loans, credit cards, angel investors and family and friends.
Read our article about the costs associated with starting a nail salon business to help you determine if funding is needed.
Read our article about how to fund your nail salon business.
8. Get the Technology & Software Needed to Run Your Business Efficiently
When you start your nail salon business, it’s essential to have the right technology in place to maximize efficiency. You definitely need a computer with Internet access, and accounting software for tracking expenses and revenues.
You may also want to invest in salon management software to help you run your business more effectively. Salon management software can be used to track customer appointments, manage employee schedules, and process payments.
Read our article about the technology and software you need to run a nail salon business.
9. Market Your Nail Salon Business to Potential Clients/Customers
Before you start selling your services, you have to let the world know you exist. The first step is to create a website so people can learn more about your services and how they benefit them.
After you launch your website, start promoting it through social media channels like Facebook, LinkedIn and Twitter. Also consider networking with other people in the nail salon industry through social media and blogs so they can help share your business.
You also need to start gathering the materials needed to execute on your promotions strategy, which is your strategy for attracting new customers. Nail salon businesses should consider the following promotional strategies for which you should start getting prepared:
- Sponsoring local events related to nails, beauty, or fashion
- Creating a loyalty program
- Offering discounts and coupons
- Holding an open house or grand opening event
Read our article about how to market your nail salon business for more tips.
10. Get New Clients/Customers & Grow Your Business
When you promote your services, you’ll start to get interest from potential clients/customers.
Make sure you’re ready to serve these clients/customers. Also, be sure to establish systems to ensure consistency and reduce costs. And be sure to find and train the right people to help you grow your nail salon business.
Starting a Nail Salon Business FAQs
Why Start a Nail Salon Business?
The nail salon industry is growing at a rapid pace, and there are several reasons why starting a nail salon business can be a profitable venture.
Some of the reasons include:
- There is a growing demand for professional nail care services.
- The industry continues to grow despite economic conditions.
- Nail salons offer relatively low overhead costs.
- Nail salons offer a wide range of services that appeal to a wide range of clients.
What is Needed to Start a Successful Nail Salon Business?
There are several things you need to do to start a successful nail salon business.
Some of the things you need to do include:
- Find the right location.
- Create a business plan.
- Get the proper licenses and permits.
- Secure funding.
- Get the technology and software needed to run your business
How Can I Start a Nail Salon Business From Home?
You can start a nail salon business from home by establishing a mobile nail salon business or an at-home nail salon business.
To establish a mobile nail salon business, you will need to have a vehicle that is large enough to carry your equipment and supplies. You will also need to get the proper licenses and permits required to operate a business in your area.
To establish an at-home nail salon business, you will need to create a dedicated space in your home where you can perform your services. You will also need to get the proper licenses and permits required to operate a business in your area.
How Can I Start a Nail Salon Business Online?
You can start a nail salon business online by creating a website and promoting your services through social media channels.
When you create your website, be sure to include information about your services, how to contact you, and how to book appointments. You should also include testimonials from satisfied clients/customers.
What are Some Tips for Starting a Nail Salon Business?
Here are some tips for starting a nail salon business:
- Find the right location.
- Create a business plan.
- Get the proper licenses and permits.
- Secure funding.
- Get the technology and software needed to run your business
- Promote your business through social media channels.
Where Can I Find a Simple Checklist for Starting a Nail Salon Business?
A simple checklist to use when starting a nail salon business is as follows:
- Choose Your Type of Nail Salon: This should be based on what you are best at and how much experience you have. Remember to keep your interests, skills, and experience in mind at all times.
- Name Your Nail Salon Business: This should be done with care, as your brand is important for attracting the right customers. A simple, memorable name will go a long way.
- Choose a Legal Form for Your Business: Whether you choose to become a sole proprietorship, partnership, LLC, corporation or another option will depend on your business. Ensure that you are aware of all the implications of each type.
- Determine Your Nail Salon Business Model: Determine how your business will make money. Will you sell products, services, or a combination of both?
- Write a Nail Salon Business Plan: Your business plan will also help you determine what your start-up costs will be and will provide a roadmap with which you can launch and grow.
- Apply for the Necessary Permits and Licenses: In most locations you will be required to apply for a business license and/or permits before you can begin operations.
- Determine Your Budget & Apply for Funding as Needed: You will need to know how much money you have to spend on all of your business-related expenses before opening any doors. If needed, apply for a small business loan or other funding options.
- Get the Technology & Software Needed to Run Your Business Efficiently: You need to have the right tools in place to succeed. Implement software that will help you manage your time, contacts, and business operations in general.
- Market Your Nail Salon Business to Potential Clients: A solid marketing plan will be crucial to your success. It should focus on attracting the right customers so that you can provide them with the services they truly need.
- Get Clients & Grow Your Business: Once you have a solid marketing plan, it's time to actively pursue and secure those who could benefit the most from your services.
Summary
In order to start a nail salon business, you will need to get the proper licenses and permits required to operate in your area. You will also need to create a dedicated space in your home where you can perform your services. To promote your business, you can create a website and use social media channels. Lastly, actively pursue and secure clients/customers. Nail salon businesses can be very rewarding, providing you with both an income and the satisfaction of helping others feel beautiful.