How To Go About Setting Up Your Own Nail Bar Business
If you have ambitions of setting up your own nail bar, there are many things you need to do. The first is to get qualified by undertaking and passing a nail painting course and learning other skills. But there are also some practical steps you should take.
Firstly, it may help you a lot if you start as an employee of another nail bar. This way, you can build up your experience and customer service skills, as well as becoming familiar with all aspects of how the business runs.
In addition, you should have the opportunity to talk to existing nail bar owners about setting up on your own. They can advise you about their experiences, problems, successes and failures.
Of course, you should be careful with this as if you are planning to set up as a local rival you may find they are not too keen to pass on tips. But it may work if, for example, you plan to set up down the road in an area without a nail bar, which would be a smart move as it would fill a gap in the local market.
Beyond this, you need to take practical steps, the first part being to think through your plans and make sure they cover all you need to do before you start.
You then need to do the following:
· Register your firm with Companies House, with a company name, plus you need a national insurance number and to register for tax with HMRC
· Get licenses for certain procedures, like needling
· Get insured
· Have a business account and a merchant account for accepting non-cash payments
· Have finance in place for all your upfront spending
· Put together a business plan, including financial, marketing (including your social media) and operational aspects
· Find the right premises, which will ideally be in an accessible and busy spot like a high street or shopping centre
· Get the equipment and supplies you need
These are all vital steps and equally applicable to most small businesses. By taking these and adding your experience and qualifications, you will have a great chance of running a successful nail bar business.