how would I go about starting my own tanning salon?
Posted by Sonni in: tanning salon businesswhat would be the steps needed to be taken in order to open a small business like a tanning salon? going through the bank, etc. thanks
a) Create an LLC with your home state
b) Get an IRS Federal Tax ID (Online and Easy at www.irs.gov)
c) Open a Business Bank account
d) Have a Commercial Real estate agent find you a store front that gets LOTS of traffic (ie: Next to a Super Market)
e) Rent or Buy lots of tanning booths
f) Remodel the store front to suit your needs
g) Have a grand opening and get a promo going to get people locked into contracts. Something like 1 month free if you sign a 1/yr contract.
NOTE: And make sure you get specs in the contract that say you aren’t liable if they get cancer from using your machines. Get good legal counsel to draft your contracts.
The statistics don't lie!
Most new business fail within a year. Tanning salons are no exception. The number one reason for this failure is "lack of industry knowledge"
Some insider information might be ALL that is standing between your VERY profitable tanning salon business, and becoming just another stat!
Before you spend a small fortune and energy creating your own tanning salon business, we suggest you take the time to learn what works, and more importantly, what doesn't!
(Things are really changing the tanning industry!)
Do you know the 7 Reasons Most New Salons Fail!
There was a friend of ours who got blind-sided by this industry. Her experiences and our research led us to sit down and publish this information. It is our hope that another unsuspecting entrepeneur won't be upset, or lose their dreams due to a lack of good, current information. To read more of that story click here
Tanning Salon Gold
its better to get an advantage b4 going to the bank like some kind of certificate from your local college and a portfolio of your experiences. try out some tanning salons see how they work learn about equity of costs and profit margines how much you’ll charge how much electricity ect rent /overheads how to put profits back in to the business. captal regeneration and pay tax/wages
References :
a) Create an LLC with your home state
b) Get an IRS Federal Tax ID (Online and Easy at http://www.irs.gov)
c) Open a Business Bank account
d) Have a Commercial Real estate agent find you a store front that gets LOTS of traffic (ie: Next to a Super Market)
e) Rent or Buy lots of tanning booths
f) Remodel the store front to suit your needs
g) Have a grand opening and get a promo going to get people locked into contracts. Something like 1 month free if you sign a 1/yr contract.
NOTE: And make sure you get specs in the contract that say you aren’t liable if they get cancer from using your machines. Get good legal counsel to draft your contracts.
References :