To begin your tanning salon business plan, you must first and foremost decide what kinds of services your salon will offer. Some salons offer tanning beds and spray tans and little else, besides lotion. Other salons are more full service and have a traditional salon aspect with hair services, waxing, facials and nail treatments. You may also wish to offer complimentary beverages or for sale, along with other retail beauty products, outside of tanning lotions.
Once you have decided on the style of salon you will start, researching pricing is a must. Tanning packages can be very expensive, likewise, so can the machines. You must decide how much you will charge for your tanning services to help recoup the amount spent on the tanning beds, which can vary from around $2,000 a bed to upwards of $50,000 a bed, depending on the style.
Other items to consider for your tanning salon business plan:
• Location for the desired demographic of clients
• Tanning package prices and a desired profit margin
• Marketing options and possible promotions
• Governmental regulations/permits and HVAC exhaust requirements
• Financial Projections: cost analysis, profit and loss, break even analysis, etc.
These are just some considerations to take into account when starting your tanning salon. If you need help composing your tanning salon business plan, feel free to give MasterPlans a call for a free consultation at 877.453.2011. MasterPlans is a professional business plan writer that has successfully written over 8000 customized business plans that are aimed at your specific funding source and are built around your unique business.
