I am interested in starting up a small business skin spa like medspa or skin solutions?

Question

There would be more to it than just a small business start up. What would be my first steps?

Would a franchise be the way to go or something of my own?

Answer 1

Create a Business Plan before you do anything: Many on line sites and books on how to write a business. Most businesses fail in thier first year because the owners do not have all of the skills they need to be successful also because the owners did not realize howmuhc money they were going to need (remember you have to live while your business grows)

Research other spas in the area. Find out where they are, what they offer, how much they charge. Talk to some of the owners - most will talk to you about their business.

Many colleges have classes in small business - may take a class. Learn accounting and finance - learn Marketing and Sales.

Assess your strengths and weaknesses - be honest - if your weak in an area like accounting, you will need an accountant to help you.

Check into what local licenses you will need. There is a million details to work through - amke a list of everything you can think of - read books about small business.

It is not easy but can be very rewarding.

Good luck

Answer 2

Hi Lexi,here is one that you should consider.Health and wellness is a huge market since everybody wants to be healthy.You need to affiliate with a financially strong company that has unique great nutritional products that people will buy and use.A company that has a re-order rate of 80%.A company with a generous pay plan that does not require a genius to figure out.Free web sites to promote the products.Details can be found at www.dna911.info

Answer 3

that is a smart idea.
define your area of coverage
make a market project
make the business project
make a financial plan
find the founds and resources and get started!
good luck!