Do you want to start a hair salon but you want to go niche and be unique? If YES, here are 22 best hair salon related business ideas & opportunities for 2020.
A hair salon is one business you can start from just about anywhere. It could be from a cubicle, a room, a kiosk, shop, or a gigantic building. All that is required of you is to make women and men alike beautiful. These people in turn wouldn’t mind to pay even if it costs an arm and a leg.
The hair salon business in America, as well as in other parts of the world is a money making venture. More and more people are taking to the business of hairdressing more than ever before. In the united states for instance, those who own hair salons are seen as running essential services, since both men and woman are known to want to care for their hair.
The Hair Salon industry is made up of businesses that primarily offer hair care services like haircutting, hair coloring and hair styling services. Most hair salons also provide other related services such as manicure and pedicure, facials and makeup applications (except permanent makeup) and retail of beauty products.
If you are interested in starting a hair salon related business, here are 50 ideas you can choose from.
22 Best Hair Salon Business ideas & Opportunities for 2020
- Start a Mobile Hair Salon Business
A mobile hair salon is one hair salon related business that an aspiring entrepreneur with low startup capital can successfully start. Mobile hair salon business eliminates the need for a physical business location, therefore limiting startup costs considerably. An aspiring entrepreneur can successfully start a mobile hair salon business with inexpensive supplies and tools and grow as the need arise.
As a mobile hair stylist, you will perform your jobs in customer’s home, hotels, hostels, camp grounds and any private location, giving you the advantage of visibility for marketing purposes. The downside includes not being able to work outdoors in inclement weather and the limitations of having to travel with all necessary tools and supplies, including large quantities of water.
If you are interested in starting a hair salon related business, one of the most popular options you have is to open a standard hair salon; a place where both male and female can visit and get their hair done. This type of business requires moderate capital to set it up and it doesn’t require any serious technical skill; if you are good with making hair for both females and males, you will do pretty well with this type of business. Your handwork will be your signature and it will surely fetch you referrals.
- Open Children’s Hair Salon
Another hair salon related business that an aspiring entrepreneur who is interested in starting a hair salon related business can successfully start is a children’s hair salon; a niche hair salon that is dedicated to taking care of children’s hair.
One good thing about this type of business is that if it is strategically located; a location with the right demographic composition (a location with growing families), then you are not going to struggle to attract customers. If you are running a boutique dedicated to children, then you must be a patient person, because it is often difficult to get children to corporate with you.
- Open a Teenage Hair Salon
Opening a teenage hair salon is yet another hair salon related business that is open to interested entrepreneurs. In other to do pretty well in this line of business, you must be willing to blend with teenagers and know what they want per time as it relates to hairstyles.
Another popular hair related business that an aspiring entrepreneur can successfully start is an all-male hair salon. An all-male salon is a salon that specifically carters to men’s hair; it is a niche idea in the hair salon industry. In some quarters, it is called a barber’s shop, but the bottom line is that all-male salons have been in existence from time immemorial and the business is still doing pretty well especially on weekends.
- Open an All-Female Hair Salon
When you talk of hair salon, what readily comes to mind is a salon for the female folks. Female salon business is perhaps one of the most popular and thriving hair salon related business that you will get to see. An all-female hair salon is a salon where services like fixing of weaves, braiding, relaxing the hair, barbing the hair, applying of dye to the hair, manicure and pedicure, perms, curling, hair reconstructing, weaving and waving et al are carried out on the patrons.
- Open a Natural Hair Salon
In recent time, the pro-natural hair group is rapidly growing because women (especially from African decent) are beginning to see the advantages of going natural. If you are a hair stylist and you are looking for a hair salon business with less competition, then you should consider starting a natural hair salon business.
It is a business that has come to stay and of course it is a profitable business. Part of the services you are expected to carry out is to help people lock their natural hair, wash and dry dreadlocks and natural hair amongst other services.
- Open a High-End/Celebrity Hair Salon
If you are extremely good with styling people’s hair and you have robust rapport with celebrities and public figures in your city, then one highly suitable hair salon business that you can successfully start is to open a high – end hair salon. The truth is that there are high end hair salons that take care of celebrities and public figures.
Little wonder celebrities and other public figures cannot be caught styling or cutting their hair in the average hair salon in town. One good thing about running a high – end hair salon is that you will get paid handsomely compared to what you get when you run a salon that is opened to all and sundry.
- Sell Franchise for Hair Salon
Starting a hair salon related business does not necessarily mean that you should open a hair salon. One hair salon related business that you can successfully start is to go into the selling of franchise for hair salon. Although this is not a popular business, but trust me, if you do your due diligence before going out to start selling franchise for hair salons, you will sure make headway with the business.
- Start a Booth Rental Salon Business
Another thriving and highly profitable hair salon related business that an investor or aspiring entrepreneur who is interested in starting a hair salon business can successful start is a booth rental salon business. Booth rental salon is operated or owned by a person known as booth renter, also referred to as “independent contractors”.
Their responsibility is to lease space from a large salon or a suite of small salons to hairstylists, barbers and similar businesses who may not want to shoulder the responsibilities of owning a standard salon facility. The booth rental method simplifies the financial aspect of owning a salon. All you need to do to run this business is to provide the space and charge each stylist a set amount for rent.
- Become a Brand Consultant for Hair Salons
Becoming a brand consultant for hair salons is yet another related business that does not involve opening a hair salon that an aspiring entrepreneur can successfully start. As a brand consultant who specifically works for hair salons, you core job description is to help hair salons handle all aspects of their branding and of course help them attract the class of customers they want to attract.
So, if you are a brand consultant and you are looking for a hair salon related business to start, then you should consider becoming a brand consultant for hair salons. If you are good at what you do, you will be amazed at the rate hair salon owners will book your services.
- Manufacture and Sell Supplies Used in Hair Salons
In hair salons, you will definitely find hair shampoos, shaving powders, hair creams, hair sheens, pedicure and manicure supplies and other hair products. So, if you are looking for a hair salon related business to start, then you should consider going into the manufacturing and sale of supplies used in hair salons.
The truth is that if you are strategic with the business and you know how to reach out to your target market, you will get huge returns from this business. Hair salons from far and wide will patronize you if they know that they are going to get the best of products.
- Start Hair Salon Design and Construction Company
Starting a hair salon design and construction company is yet another hair salon related business that an aspiring entrepreneur who is already into the construction industry can successfully start. If you are conversant with standard hair salon and booth rental salons, you will notice that they are specifically designed and constructed to fit into a specific shape.
So, if you know you have what it takes to design and construct standard hair salons and you are interested in starting a hair salon related business, then you should consider starting a hair salon design and construction company.
In the United States and of course in most developed world, you are expected to book ahead of time if you would love to be attended to on time. In order to be efficient in this regard, hair salons are beginning to leverage on software apps to achieve this seamlessly. So also, part of what needs to be in place if you want to block financial leakages in your hair salon is to make use of the right software apps.
So, if you want to start a hair salon related business without opening a hair salon or barber’s shop, then you should consider developing hair salon related software apps. If your software app is user – friendly and efficient, you will attract customers (hair salon/barber’s shop owners) not only from the United States, but from other countries of the world.
Starting a niche business is one sure way of evading competition and one niche hair salon related business that an aspiring entrepreneur who has the required qualifications and background can start is a recruitment agency that is targeted towards recruiting employees for hair salons and barber’s shops.
The fact that working in a hair salon or barber’s shop is not a technical job means that employees can afford to resign at short notice and their positions needs to be filled as fast as possible.
In such situations, recruitment agencies that basically recruit for hair salons and barber’s shops comes in handy. So, if you are in the human resources career path and you are interested in starting a hair salon related business, then you should consider starting a recruitment agency that recruits for hair salons and barber’s shops.
- Start a Training and Consultancy Services Firm Targeted Towards Hair Salons
Similar to starting a recruitment agency is starting a training and consultancy services firm that is targeted towards servicing hair salons, barber’s shops and related businesses. Starting a niche idea business like this will position your business for rapid growth.
So, if you are already in the training and consultancy services industry, and you are interested in starting a hair salon related business, then you should consider starting a training and consultancy services firm that is targeted towards servicing hair salons, barber’s shop and related businesses in and around your business location.
- Start Supplying Hair Salon Products
Another hair salon related business that an aspiring entrepreneur who is interested in starting a hair salon related business can start is supplying hair salon products.
Supplying hair salon products such as shampoos, hair conditioners, hair detangler, hair cream, hair sheen, hair spray, hair dryers, hair steamer, manicure sets, pedicure sets, hair weaves serum, hair setting lotions, hair straightener, hair rollers, mirrors, towels, scissors, clippers, combs and other hair salon accessories to hair salons and barber’s shops in and around your business location is one sure way of making cool cash.
Just ensure that you always have quality products and you know how to reach out to your target market and you won’t struggle to grow and expand the business.
- Start a Hair Salon Tools and Equipment Repair Business
Starting a hair salon tool and equipment repair business is yet another highly profitable hair salon related business that an aspiring entrepreneur who has the technical skills can successfully start. The fact that tools and equipment like hair dryers, hair steamer, hair straightener, and clippers et al are usually subjected to wear and tear due to regular usage means that they would need to be repaired often.
If you intend starting this type of business, then you should ensure that your workshop is strategically located and you must be ready to work outside your workshop because some hair salons would want you to fix their tools and equipment right in their shops.
- Open a Pet Salon
Opening a pet salon is one unique hair salon related business that an aspiring entrepreneur who is interested in the hair salon business can successfully start and make good money from. Please note that this type of business may not thrive in locations where people do not value pets.
If you want to excel with your pet salon business, then you should carry out thorough feasibility studies and market surveys before positioning the business. Over and above, most cities in the United States of America, Canada, United Kingdom, Australia and most developed countries are suitable for a pet salon business.
- Organize Business Expos for Hair Salon Owners and Hair Salon Product Manufacturers
Do you know that loads of hair salon operators and hair salon product manufacturers will be glad to leverage on a platform to promote their brands? One of such platforms that can bring hair salon operators and hair salon product manufacturers under one roof to showcase their brand is a business expo.
If you are interested in starting a hair salon business and you are good at organizing events, then one of your best options is to organize business expos for hair salon owners and hair salon product manufacturers. If your business expo is well packaged, you will attract loads of hair salons and hair salon product manufacturers in and around your city.
- Offer Wedding Consulting Services
Take your hair dressing business some notches higher by becoming a bridal consultant. Synchronize efforts with wedding planners and stylists and create a portfolio of formal hairstyles appropriate for weddings. Propose packages in which you can style the bride and wedding party’s hair on-site prior to a wedding.
- Launch a Style Manual
Another thing that you may consider going into is to have a style magazine or book. This will enable people buy them and decide what style will suit them the most. You may consider doing a photo shoot of the many styles that you can come up with so that it can be printed in the magazine.