Suites seem to be trending in the beauty industry as well as in the general business community. This is a concept that seems to be getting more and more momentum as time goes on. One of the reasons suites are sweet is the fact that it allows the entrepreneur an opportunity to own their own business at a fraction of the cost.
When it comes to the beauty industry and salon ownership the overhead can be high. This is especially true in a multiple chair salon where the management frequently provides for several employees. The suite eliminates this problem since the entrepreneur can operate the same business with less bricks and mortar and minimal space requirements. Likewise, this scenario requires less employees that are typically needed to generate the income that covers the expense in a large facility.
An additional great feature is that the suite is the perfect platform for the salon entrepreneur to express their own personality. In the suite environment, they can offer their own menu of services, set their own hours of operation, and select their own product lines. There is also an opportunity to target a specific demographic. Perhaps there is an interest in barbering or children’s cuts. The sky is the limit when it comes to the options because the owner has the freedom to operate in the manner that they want to.
The suite also encourages creativity allowing the salon entrepreneur to select their own décor, their own music and express their own unique style. Best of all is the fact that there is the opportunity to do updates or remodels on a suite anytime that it’s desired. And, who doesn’t want to have something new and fresh from time to time?
So, what makes a suite so sweet? It’s simple. The business side is limitless. The entrepreneur has complete control over establishing price points, hours of operation, selecting products, setting schedules and providing services. In my company, Phenix Salon Suites, we even provide complimentary education as an added bonus. Most important, clients love the intimacy of a suite. There is something to be said for having undivided attention when you’re a client.
So, if you haven’t already, check out a suite. It’s the sweetest way to own your own business!