7 NEW Salon Business Tips to Grow Your Salon's Income & Profit

The unconventional salon business tips and ideas to grow salon business profit!

Learn how to attract more new salon clients. Sign up for my FREE training:
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Whatever is left when you've deducted your salon expenses from your salon sales is your salon profit.
Now, that's a very simplistic way to look at your salon's profit and loss which often leads us to cut down on operational salon costs in order to improve profitability.

What if we instead can find new beauty business ideas that add more revenue streams to our hair salon, nail salon, spa, or barbershop? New ways to earn money that come on top of your existing streams of income.

The Covid-19 pandemic has certainly taught us the importance of not just having one source of income. As when that is taken away, our whole business is at risk. This is why it's important to have several income streams in your salon business. The tips I'm sharing in this video are not the traditional "sell more salon retail" or "increase your salon's pricing". These are some more unconventional ideas that I have seen work over and over and I hope you'll find some ideas that you can take and use in your salon business.

For more ideas and examples, check out my article on The Salon Business blog where I cover the salon revenue model and new types of income streams you could add to your business:

[TheSalonBusiness]

Learn how to attract more new salon clients!

[Technician_Tiago]

You seem like a cool dude; video was very informative and enjoyable to retain the wisdom!🤘🏽

[EmyRoseBejo-mv]

To grow a salon business, thinking outside the box is key! I love your focus on adding revenue streams for stability. I've been using Loyally AI to manage customer loyalty, and it's really made a difference in my sales. Excited for your free training to get more actionable tips!

[FrankWrightCburgers]

Thank you gor video, it is very helpful for me! Wish you all good profit!

[candlesbypurplerose]

Please made video on barbershop owned by NON barber. Addressing the issues and address money and business strategies specific to this situation

[HeidiRobinson-ftvl]

How to handle our Salon competition appropriately? This is what we need to know now. I'm looking into attending Cosmetology school soon.

[gabrielgabro]

Nämen kolla! Kul att se en svensk här! Kör hårt mannen, du ger väldigt bra värde.

[baller]

I was wondering if you can help me here, my girlfriend and I are buying a salon where she already manages it for the last 20 yrs, we both agree to split the profits 50/ 50, if she works behind the chair does she get paid a managers salary and take 50% of profits or is that considered double dipping on the profits?

[imandyritchie]

Where's the list of subscription model you mention at tip 2? I'd love to see more about it

[Nzori_beauty]

How would I offer a member subscription to clients who only come in every 3 moths to braid their hair? Thanks

[ahmedhamed]

How would you leverage the fact that a salon is situated around several government buildings with roughly 500 + staff members within walking distance?

[betzymarceline]

If i don't mistaken..after tips number 4, you just mention tips number 6, i couldn't see tips number 5..

[HeidiRobinson-ftvl]

How do we manage our own work/life balance?

[stranahan]

Hello, do you offer phone consultations for new salon owners? Would like to learn from an experienced salon owner.

[beautycareformansbeautycar]

I want to open a salon in 2024 it’s my wish
And i need your help how to get your help?

[HeidiRobinson-ftvl]

Renting your own hair salon will confuse people as to what your hair salon business really is. It also increases the potential for law suits if someone damages your private property, or even gets injured.

[loriwoolford]

Personally offer to go to the people’s houses or have them come to yours for 2 or 3 times your rate. You may be surprised how many People I would prefer this.

[rabiahshahzadi]

How a saloon can become a products ambassador

[udnsmarketingsolutions]

I created a video regarding content to post on instagram. I would love to hear your feedback.

[sambell]

This seems like way too busy way too much stuff way too much responsibility and way too much stress trying to juggle all of this stuff, might as well keep a job make 100, 000 a year work five days a week and go home and spend time with your family, and have benefits and insurance and 401(k), sharing, your own business is a good idea but not when it’s way too much work and way too much more stress, easy business is what I’m looking for !they say nothing comes easy I know that I ain’t lazy or stupid I just wanna work smarter not harder