Timer system for each bed Cleaning supplies Signs and brochures regarding tanning bed safety and UV ray exposure Upgraded electrical for tanning beds Cash register and credit card machine Marketing products Read our tanning salon purchasing guide to learn about the materials and equipment you'll need to start a tanning salon, how much to budget, and where to make purchases.
Franchise or Trademark License optional Financing Your Tanning Salon Business Starting a tanning salon business can be cost effective especially if you choose to start on a small scale by running a mobile tanning salon business. Securing a standard and well — positioned salon facility and purchasing UV tanning equipment, Spray — On tanning equipment, Body Contour tanning equipment, tanning airbrush and other supplies et al are part of what will consume a large chunk of your start — up capital.
If you choose to start the business on a large scale, you would need to go source for fund to finance the business because it is expensive to start a standard large scale tanning salon business.
No doubt when it comes to financing a business, one of the first things you should consider is to write a good business plan. If you have a good and workable business plan document in place, you may not have to labor yourself before convincing your bank, investors and your friends to invest in your business.
Here are some of the options you can explore when sourcing for start — up capital for your tanning salon business; Raising money from personal savings and sale of personal stocks and properties Raising money from investors and business partners Selling shares to interested investors Applying for loan from your bank Pitching your business idea and applying for business grants and seed funding from donor organizations and angel investors Source for soft loans from your family members and your friends.
Choosing a Suitable Location for your Tanning Salon Business The location you chose to open your tanning salon business is key to the success of the business; hence entrepreneurs are willing to rent or lease a facility in a visible location; a location where the demography consists of people with the required purchasing power and lifestyle.
If you make the mistake of renting or leasing a facility for your tanning salon business in a not too visible or hidden location simply because it is cheap, then you must be prepared to spend more in promoting the business and perhaps giving direction to potential customers.
Most importantly, before choosing a location for your tanning salon business, ensure that you first conduct a thorough feasibility studies and market survey. When it comes to hiring employees for a standard tanning salon business with more than one outlet, you should make plans to hire a competent Chief Executive Officer you can occupy this roleAdmin and Human Resources Manager, Merchandize Manager, Salon Manager, Tanning Specialist, Sales and Marketing Officer, Accounting Clerk, and Cleaners.
These are some of the key employees that you can work with. On the average, you will need a minimum of 5 to 10 key staff members to run a small — scale but standard tanning salon business.
This melanin leaves the melanocytes and travels up through the epidermis where it reacts with the UVA and UVB radiation through a chemical reaction darkening the pigmentation of the skin.
The tanning process or increased pigmentation occurs in two phases. It is important to state that a tanning salon business may decide to improvise or adopt any business process and structure that will guarantee them efficiency and flexibility; the above stated tanning salon business process is not cast on stone.
Starting a Tanning Salon Business — The Marketing Plan Marketing ideas and strategies Generally, running a business requires that you should be proactive when it comes to marketing your goods or services. If you choose to launch a tanning salon business, then you must go all out to employ strategies that will help you attract customers or else you will likely struggle with the business because there are well — known brands that determine the market direction for the tanning salons industry.
These are some of the marketing ideas and strategies that you can adopt for your tanning salons business; Introduce your tanning salon by sending introductory letters alongside your brochure to corporate organizations, car owners, households, sports organizations, gyms, schools, socialites, celebrities and other key stakeholders throughout the city where your tanning salon is located.
Advertise on the internet on blogs and forums, and also on social media like Twitter, Facebook, LinkedIn to get your message across, so that those on the social media or those who read blogs will know where to go when they need tanning and other related beauty services within your location Print out fliers and business cards and strategically drop them in offices, sport facilities, libraries, public facilities and train stations et al.
The truth is the higher the quantity of items that you purchase directly from the manufacturers, the cheaper you tend to get them.
Another strategy that will help you offer your services at the right price is to ensure that you cut operational costs to the barest minimum and channel your efforts towards marketing and promoting your brand name. Aside from the fact that this strategy will help you save cost, it will also help you get the right pricing for your services.
Strategies to Boost Your Tanning Salon Brand Awareness and Create Your Corporate Identity If your intention of starting a tanning salon business is to grow the business beyond the city where you are going to be operating from to become a national and international brand by opening chains of tanning salons and selling franchise, then you must be ready to spend money on promotion and advertisement of your brand.
No matter the industry you belong to, the truth is that the market is dynamic and it requires consistent brand awareness and brand boosting cum promotion to continue to appeal to your target market.
Your corporate identity has a lot to do when it comes to building a business that is profitable.Tropical Tan tanning salon business plan executive summary. Tropical Tan is a start-up tanning salon company seeking financing.
In addition to selling tanning booth sessions, they will also retail swimwear, and skin care and tan enhancing lotions, oil, etc/5(3).
The purpose of this business plan is to raise $, for the development of a tanning salon while showcasing the expected financials and operations over the next three years.
The Tanning Salon, Inc. (“the Company”) is a New York based corporation that will provide access to tanning beds and sales of tanning products to customers in its. Open a business bank account.
A dedicated checking account for your tanning salon keeps your finances organized and makes your business appear more professional to your customers.
Set up business accounting. Recording your various expenses and sources of income is critical to understanding the financial performance of your business. A new tanning salon business would cost around $20, of your own money plus a sizable, reasonable loan from a bank for start-up costs. Some considerations for start up costs for a tanning salon include buying or financing the tanning beds, the rental of the location of the salon, insurance and paying for employees.
Tropical Tan tanning salon business plan company summary. Tropical Tan is a start-up tanning salon company seeking financing. In addition to selling tanning booth sessions, they will also retail swimwear, and skin care and tan enhancing lotions, oil, etc.
Okay, so we have provided you an in-depth sample tanning salon business plan template. We also took it further by analyzing and drafting a sample tanning salon marketing plan backed up by actionable guerrilla marketing ideas for tanning salons. In this article, we will be considering all the requirements for starting a tanning salon business.