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Nail Salon Business Plan Template

Business Plan Outline

Nail Salon Business Plan

Start Your Nail Salon Plan Here

You’ve come to the right place to create your business plan.

We have helped over 100,000 entrepreneurs and business owners create business plans and many have used them to start or grow their nail salons.

Sample Business Plan For a Nail Salon

The links below provide an example of each essential component of a business plan for a nail salon:

Next Section: Executive Summary >

What Is a Nail Salon Business Plan?

A business plan is a plan to start and/or grow your salon. Among other things, it outlines your business concept, provides market research about the nail salon industry trends, identifies your target customers, presents your marketing plan and details your financial plan.

You can  easily complete your business plan using our Nail Salon Business Plan Template here .

What Are the Main Types of Nail Salons?

There are many types of salons depending on the beauty and nail services offered. Traditional nail salons are the most common, focusing on manicures, pedicures, and treating and painting nails. There are also other salons that offer more comprehensive services including waxing and massages.

What Are the Main Sources of Revenues and Expenses for a Nail Salon?

The primary source of revenue for a nail salon is its service fees. Some salons also gain revenue from sale of nail care products.

The key expenses for salons are rent, salaries for salon owners and nail technicians, and supplies expenses.

How Do You Get Funding for Your Nail Salon?

Salons are typically funded through small business loans, personal savings, credit card financing and/or angel investors.

Read more about how to get funding: Seeking Funding from Angel Investors vs Venture Capitalists .

What are the Characteristics of a Great Business Plan?

A great business plan gets the reader excited about your business and encourages them to take the actions you want them to take. In many cases, that action is for them to write you a check to fund your nail salon.

In order to achieve this, start with a compelling executive summary. In the summary, clearly explain why your nail salon is or will be successful. Do members of your team have lots of experience in nail salons? Do you have clients from other nail salons that you will bring to your business? Do you have a large social media presence you can leverage to get new clients?

Think about why your nail salon is going to be successful and clearly document this in your summary. Also, be sure to include the other key business plan elements like your customer analysis (describing the demographics of your target market), your competitive analysis (detailing your competitors and how you’re unique) and your marketing plan (how you will attract new clients). Do this and you’ll have a great plan that reflects your salon and attracts readers to help you succeed.

What are the Steps To Start a Nail Salon Business?

Starting a nail salon business can be an exciting endeavor. Having a clear roadmap of the steps to start a business will help you stay focused on your goals and get started faster.

1. Develop A Nail Salon Business Plan - The first step in starting a business is to create a detailed nail salon business plan that outlines all aspects of the venture. This should include potential market size and target customers, the services or products you will offer, pricing strategies and a detailed financial forecast.  

2. Choose Your Legal Structure - It's important to select an appropriate legal entity for your nail salon business. This could be a limited liability company (LLC), corporation, partnership, or sole proprietorship. Each type has its own benefits and drawbacks so it’s important to do research and choose wisely so that your nail salon business is in compliance with local laws.

3. Register Your Nail Salon Business - Once you have chosen a legal structure, the next step is to register your nail salon business with the government or state where you’re operating from. This includes obtaining licenses and permits as required by federal, state, and local laws. 

4. Identify Financing Options - It’s likely that you’ll need some capital to start your nail salon business, so take some time to identify what financing options are available such as bank loans, investor funding, grants, or crowdfunding platforms. 

5. Choose a Location - Whether you plan on operating out of a physical location or not, you should always have an idea of where you’ll be based should it become necessary in the future as well as what kind of space would be suitable for your operations. 

6. Hire Employees - There are several ways to find qualified employees including job boards like LinkedIn or Indeed as well as hiring agencies if needed – depending on what type of employees you need it might also be more effective to reach out directly through networking events. 

7. Acquire Necessary Nail Salon Equipment & Supplies - In order to start your nail salon business, you'll need to purchase all of the necessary equipment and supplies to run a successful operation. 

8. Market & Promote Your Business - Once you have all the necessary pieces in place, it’s time to start promoting and marketing your nail salon business. This includes creating a website, utilizing social media platforms like Facebook or Twitter, and having an effective Search Engine Optimization (SEO) strategy. You should also consider traditional marketing techniques such as radio or print advertising. 

Learn more about how to start a successful nail salon business:

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Salon Business Plan Template & Guide

salon business plan

Over the past 20+ years, we have helped over 10,000 entrepreneurs and business owners create business plans to start and grow their salons. On this page, we will first give you some background information with regards to the importance of business planning. We will then go through a salon business plan template step-by-step so you can create your plan today.

Our salon business plan template works for all types of salons, including:

This being said, we also do have specific pages for information on our hair salon business plan ,  nail salon business plan , and beauty salon business plan .

Download our Salon Business Plan Template here

What Is a Business Plan?

female salon stylist

Why You Need a Business Plan

If you’re looking to start a salon or grow your existing salon you need a business plan. A business plan will help you raise funding, if needed, and plan out the growth of your salon in order to improve your chances of success. Your salon business plan is a living document that should be updated annually as your company grows and changes.

Source of Funding for Salons

With regards to funding, the main sources of funding for a salon are bank loans and angel investors. With regards to bank loans, banks will want to review your business plan and gain confidence that you will be able to repay your loan and interest. To acquire this confidence, the loan officer will not only want to confirm that your financials are reasonable. But they will want to see a professional plan. Such a plan will give them the confidence that you can successfully and professionally operate a salon business.

The second most common form of funding for a salon is angel investors. Angel investors are wealthy individuals who will write you a check. They will either take equity in return for their funding, or, like a bank, they will give you a loan. Venture capitalists will not fund a salon. They might consider funding a chain of salons, but never an individual location. This is because most venture capitalists are looking for millions of dollars in return when they make an investment, and an individual location could never achieve such results.

Salon Business Plan Template

Your salon business plan should include 10 sections as follows:

Executive Summary

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The goal of your Executive Summary is to quickly engage the reader. Explain to them the type of salon you are operating and the status; for example, are you a startup, do you have a salon with existing customers and revenues  that you would like to grow, or are you operating a chain of salons.

Next, provide an overview of each of the subsequent sections of your plan. For example, give a brief overview of the salon industry. Discuss the type of salon you are operating. Detail your direct competitors. Give an overview of your target customers. Provide a snapshot of your salon’s marketing plan. Identify the key members of your team. And offer an overview of your financial plan.

Company Analysis

In your company analysis, you will detail the type of salon you are operating.

For example, you might operate one of the following types:

In addition to explaining the type of salon you operate, the Company Analysis section of your business plan needs to provide background on your business.

Include answers to question such as:

Industry Analysis

salon facial mask

While this may seem unnecessary, it serves multiple purposes.

First, researching the salon industry educates you. It helps you understand the market in which you are operating.

Secondly, market research can improve your strategy particularly if your research identifies market trends. For example, if there was a trend towards a new type of hair or nail service, it would be helpful to ensure your plan included offering such services.

The third reason for market research is to prove to readers that you are an expert in your industry. By conducting the salon industry research and presenting it in your plan, you achieve just that.

The following questions should be answered in the industry analysis section of your salon business plan:

Customer Analysis

The customer analysis section of your salon plan must detail the customers you serve and/or expect to serve.

The following are examples of customer segments: college students, sports enthusiasts, soccer moms, techies, teens, baby boomers, etc.

As you can imagine, the customer segment(s) you choose will have a great impact on the type of salon you operate. Clearly baby boomers would want a different atmosphere, pricing and product options, and would respond to different marketing promotions than teens.

Try to break out your target customers in terms of their demographic and psychographic profiles. With regards to demographics, include a discussion of the ages, genders, locations and income levels of the customers you seek to serve. Because most salons primarily serve customers living in their same city or town, such demographic information is easy to find on government websites.

Psychographic profiles explain the wants and needs of your target customers. The more you can understand and define these needs, the better you will do in attracting and retaining your customers.

How to Finish Your Salon Business Plan in 1 Day!

Don’t you wish there was a faster, easier way to finish your business plan?

With Growthink’s Ultimate Salon Business Plan Template you can finish your plan in just 8 hours or less!

Click here to finish your business plan today.

Competitive Analysis

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Direct competitors are other salons.

Indirect competitors are other options that customers have to purchase from you that aren’t direct competitors. This includes products they can purchase from supermarkets and other retailers both offline and online. You need to mention such competition to show you understand that not everyone in your target market frequents a salon on a regular basis or at all.

With regards to direct competition, you want to detail the other salons with which you compete. Most likely, your direct competitors will be salons located close to your location.

For each such competitor, provide an overview of their businesses and document their strengths and weaknesses. Unless you once worked at your competitors’ businesses, it will be impossible to know everything about them. But you should be able to find out key things about them such as:

With regards to the last two questions, think about your answers from the customers’ perspective. And don’t be afraid to stand outside your competitors’ locations and ask customers as they leave what they like most and least about them.

The final part of your competitive analysis section is to document your areas of competitive advantage. For example:

Think about ways you will outperform your competition and document them in this section of your plan.

Marketing Plan

salon business plan wet hair

Product : in the product section you should reiterate the type of salon that you documented in your Company Analysis. Then, detail the specific services you will be offering.

Price : Document the prices you will offer and how they compare to your competitors. Essentially in the product and price sub-sections of your marketing plan, you are presenting the menu items you offer and their prices.

Place : Place refers to the location of your salon. Document your location and mention how the location will impact your success. For example, is your salon located next to a heavily populated office building, or gym, etc. Discuss how your location might provide a steady stream of customers.

Choosing a location for your salon is an extremely important decision. With the right location, the salon will at least launch on the right foot. With the wrong location, customers may never arrive in the first place. Consider the following two factors with regards to your location:

1. Proximity to Customer Base

To decide on a good location from a customer perspective, you must first know who your target customers are (stay-at-home moms, working women, teens, families) as discussed above. Once you’re clear on this, you can begin scouting locations. Being close to your customer base could mean being close to their homes, but could also mean being near their workplaces or en route between the two. Being close in distance is important, but being accessible (e.g., adequate parking) is even more important.

2. Landlord

Hopefully you’ll be in your location for many years. That means that you will be forming a long-term relationship, even a partnership, with your landlord. The landlord should be invested in the success of your business and understand that what is good for your salon is also good for them. During initial discussions with landlords, look out if you sense that they are focused solely on rules, restrictions and regulations, rather on what you want to do. If the landlord seems intent on starting an antagonistic relationship, think twice before signing the lease. When you choose your location, you are choosing a landlord so make sure you’ll be able to get along with them and have the leeway you need to run a successful salon.

Promotions : the final part of your salon marketing plan is the promotions section. Here you will document how you will drive customers to your location(s). The following are some promotional methods you might consider:

Also think about your salon’s Unique Selling Proposition (USP), which should answer why customers should choose you over other salons. Make sure your USP is reflected in your marketing.

Here are some additional marketing tips if you are launching a new salon:

Promote the Opening of Your Salon

To be sure of a well-attended launch event, start promoting early, with attractive signage outside your salon. This should be geared towards your target demographic – women for most salons. Setting up an employee on the street outside or nearby to hand out flyers in the days leading up to and during the opening event can increase visibility, especially if this is an uncommon occurrence in your neighborhood. The point is to stand out and to reach a large portion of your intended customer market with the message that your opening event will be something they don’t want to miss.

Plan a Great Spa or Salon Deal to Increase Profits

business planning washing hair

Plan for Smooth Salon Operations

To show off your salon at its best, having a pristine and spotless store is a minimal requirement. The operations have to be smooth as clockwork on opening day, especially if appointments and walk-ins make it a very busy first day or week. Customers who use your services during this time can become ambassadors to your customer target group for you, speaking of how wonderful the experience was, or they can spread the word about how they waited forever without hearing what was happening, how staff were sloppy or rude, and how they would never return. You need the early adopters on your side, so make sure the human, computer, and mechanical systems are all ready to work perfectly from day one and that you have contingency plans for unforeseen problems.

Operations Plan

While the earlier sections of your business plan explained your goals, your operations plan describes how you will meet them. Your operations plan should have two distinct sections as follows.

Everyday short-term processes include all of the tasks involved in running your salon such as serving customers, procuring supplies, keeping the salon clean, etc.

Long-term goals are the milestones you hope to achieve. These could include the dates when you expect to serve your 1,000th customer, or when you hope to reach $X in sales. It could also be when you expect to hire your Xth employee or launch a new location.

Management Team

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Ideally you and/or your team members have direct experience in the salon business. If so, highlight this experience and expertise. But also highlight any experience that you think will help your business succeed.

If your team is lacking, consider assembling an advisory board. An advisory board would include 2 to 8 individuals who would act like mentors to your business. They would help answer questions and provide strategic guidance. If needed, look for advisory board members with experience in salons and/or successfully running retail and small businesses.

Financial Plan

salons business plan nail soak

Income Statement : an income statement is more commonly called a Profit and Loss statement or P&L. It shows your revenues and then subtracts your costs to show whether you turned a profit or not.

In developing your income statement, you need to devise assumptions. For example, will you serve 20 customers per day or 50? Will your average price point be $50 or $100? And will sales grow by 2% or 10% per year? As you can imagine, your choice of assumptions will greatly impact the financial forecasts for your business. As much as possible, conduct research to try to root your assumptions in reality.

Balance Sheets : While balance sheets include much information, to simplify them to the key items you need to know about, balance sheets show your assets and liabilities. For instance, if you spend $100,000 on building out your salon, that will not give you immediate profits. Rather it is an asset that will hopefully help you generate profits for years to come. Likewise, if a bank writes you a check for $100.000, you don’t need to pay it back immediately. Rather, that is a liability you will pay back over time.

Cash Flow Statement : Your cash flow statement will help determine how much money you need to start or grow your business, and make sure you never run out of money. What most entrepreneurs and business owners don’t realize is that you can turn a profit but run out of money and go bankrupt. For example, let’s say a company approached you with a massive $100,000 salon contract to provide salon services to their employees. Let’s assume the contract would cost you $50,000 to fulfill. Well, in most cases, you would have to pay that $50,000 now for supplies, employee salaries, etc. But let’s say the company didn’t pay you for 180 days. During that 180 day period, you could run out of money.

In developing your Income Statement and Balance Sheets be sure to include several of the key costs needed in starting or growing a salon:

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Summary & Keys to Salon Success

Putting together a business plan for your salon is a worthwhile endeavor. If you follow the template above, by the time you are done, you will truly be an expert. You will really understand the salon business, your competition and your customers. You will have developed a marketing plan and will really understand what it takes to launch and grow a successful salon.

Finally, in addition to completing your business plan, be sure to pay special attention to the following factors that often define success for salon businesses:

Download Our Salon Business Plan PDF

You can download our salon business plan PDF here . This is a business plan template you can use in PDF format.

OR, Let Us Develop Your Salon Business Plan For You

Since 1999, Growthink’s business plan consulting team has developed business plans for thousands of companies who have gone on to achieve tremendous success.

Click here to see how our professional business plan writers can create your business plan for you.

Salon Business Plan FAQs

What is the easiest way to complete my salon business plan.

Growthink's Ultimate Salon Business Plan Template allows you to quickly and easily complete your Salon Business Plan.

Where Can I Download a Free Salon Business Plan PDF?

You can download our salon business plan PDF template here . This is a business plan template you can use in PDF format.

Other Helpful Business Plan Articles & Templates

Use This Simple Business Plan Template

How to Write a Nail Salon Business Plan in 2023?

How to Write a Nail Salon Business Plan?

Having a nail salon business plan is essential if you want to set and meet targets for your new business, figure out your marketing strategy and have a roadmap for daily operations.

What You Will Learn

We’ll look at the basics of creating your nail salon business plan, some important business planning tips, plus a nail salon business plan checklist and template to help you get going.

Jump to the Section You Like

What is a nail salon business plan, why does your nail salon need a business plan, nail salon business plan template.

Your nail salon business plan does a lot more than track day to day operations.

It’s a competitive analysis of your own business, complete with market research, a financial plan, mission statement and long term strategy for promoting and growing your company. It will usually also include a plan for supporting your nail technicians and staff’s needs.

A nail salon business plan usually includes both an executive summary of the plan (we’ll describe this in more detail later) plus a nail salon business description and the actions you’ll take to establish your nail salon and build a loyal customer base.

It contains your market research and shows that you understand industry trends, outlines your business goals, has a sample budget, and outlines your target market and services you’ll provide.

Your business plan is also something you can look back on to check how your nail salon is doing, make sure that you’re “on target” to meet your financial goals, and make any adjustments as needed.

This makes it easier to adjust your nail salons marketing plan, check financial projections and make data-based decisions rather than reacting based on feelings or assumptions.

Nail salon businesses aren’t the only ones that need a plan.

In reality, every established or up-and-coming company needs to have a business plan to help them with financial projections and business decisions.

Even if you’re just trying to secure a loan, attract new investors or get a better idea of your expenses and potential to attract new clients, a nail salon financial plan and business strategy is essential.

Whether you’re running your own nail salon or managing one, a plan for your small business is just as crucial as having the right staff or equipment.

Your business plan will make it easier to create your nail salon’s marketing plan, brainstorm improvement ideas and hold effective team meetings where you can discuss your nail services, business expenses and strategies to target customers.

It’s your roadmap to help you and your team stay on track with your vision and target market’s needs.

Key Elements of a Good Nail Salon Business Plan

If you’re wondering how to start, nail salon business plan structures may look a bit different depending on the salon owners, business size and clientele, but they have some key things in common.

They always outline your objectives, identify your target market, services provided, projected sales and revenue, as well as your marketing tactics, potential expenses and financial plan as a whole.

If you’re a new nail salon, it will contain your startup costs and business structure. If you’re an experienced nail salon owner, the plan will show that you have a solid grasp of where your business stands and where you’d like it to be in the future.

Let’s take a look at some of this in more detail:

How to Start a Nail Salon Business Plan?

Having your nail salon business plan ready to go is an important first step that can give you (and any investors) a clear picture of your business structure. It’s also a great way to stay focused on your goals and mission statement when making decisions.

To start a business in the nail salon industry, you’ll need to:

Here are a few examples of what should be included in your nail salon’s business plan:

This is the first thing potential investors (and anyone else who has an interest in helping or running your nail salon) will see. Be sure to include:

Table of Contents

A good business plan is organized, and a table of contents will make it easier to find information quickly. Separate your financial data, marketing plan and other details into clear sections.

Executive Summary

This is where you’ll make your first impression. TYour executive summary should always include the following:

Key elements of a good nail salon business plan

Business Description

This is a brief explanation of your business and the services you’ll provide:

Target Market

Who are your target clientele and how would you describe them? Consider the following:

Think about conducting a nail salon SWOT analysis (strengths, weaknesses, opportunities and threats) to get a better picture of these details as you’re putting the plan together.

Competitive Analysis

Understand the market you’re entering and be ready to explain:

Management Plan

A nail salon’s management plan breaks down how your business will be run. As the owner, you should explain:

To learn more about nail salon management improvement check out our post How To Improve Nail Salon Management Efficiency .

Products and Services

Including these in the business plan makes it easy for anyone (including angel investors) to see that you’ve got a solid grasp of your future revenue, profit margins and projected expenses. Include the following:

List these items in detail, breaking down the prices of each, their costs and profitability.

Marketing Plan

How will you reach new customers and expand? What advertising will you use and how much will it cost? What about low-cost or no-cost marketing options? You can include a more general overview here, but you should still do lots of research and planning.

Explain your:

Consider this in terms of your retail products and your services. Be sure to go over:

Do not miss to check out our post Eye-Catching Nail Salon Business Card Ideas .

Financial Plan

You’ll need to know how much it will cost to get started and have a plan to become profitable as soon as you can, especially when you’re talking to investors. Try to get these details figured out in as much detail as possible. Prepare your:

Pro Tip: Have a financial advisor or professional take a look at the numbers in your financial plan and go over any details before you finalize it. They can provide valuable advice and insight.

Do not miss our post Nail Salon Price List .

Operating Plan

This breaks down the day-to-day details of running your business, such as:

Additional Information

Make sure to include any other details that you think investors, financial professionals or management should know. This might be:

You can include these in the final pages of your nail salons business plan. Often, it’s helpful to add an appendix here.

We also recommend you check out our blogs on How to Open a Nail Salon and Nail Technician Duties .

If you’re concerned about the cost of creating a professional business plan for your new nail salon, then you’re not alone. It can be a bit intimidating at first.

Even seasoned nail professionals and business people might not have the time or the resources to build all of this from scratch. That’s why we’ve done our best to help. We’ve put together a nails salon business plan free template that you can use and modify to fit your needs.

By using our free sample of a nail salon business plan, you’ll be able to save time and effort on the “red tape” and focus on the details.

Do not miss our post Top 165 Nail Captions for Instagram .

Nail salons are a lot of work, and getting started in the industry is no exception. Having a business plan that you can refer to is a good way to make sure that the decisions you make are the right ones to keep you on the right track and grow your business.

Writing your nail salon business plan is a big job, but it shouldn’t feel like a chore. In fact, it’s the best way to show your love and enthusiasm for your business- this is your chance to outline your goals and think about how you’ll make them a reality.

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Nail Salon Business Plan Template

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Nail Salon Business Plan

Are you thinking of starting a nail salon We have prepared a solid nail salon business plan sample that guides you on every stage of your business plan writing

business plan salon manicure

Nail art is one of the most instagrammable trends of this decade. From french manicures to striking gel nails, people are going gaga over this fashion trend.

And if you possess the right blend of creativity and style, then starting a nail salon business might be right for you.

Industry Overview

With the rise of K-pop and influencer culture, the nail industry is growing leaps and bounds. It stood at a massive market value of 42.8bn dollars as of 2021 , and it isn’t going to shrink anytime soon.

And though out-of-the-box creative ideas are central to your success in the nail salon business, entering the industry without a proper plan might prove disastrous.

The reason is, the highly trending markets are the most competitive ones. And to last in such industries long enough to reap the rewards of your work you need to have a competitive edge that only a well-written business plan can give you.

Now you might wonder, how can a business plan help you gain a competitive edge ? How can you juggle between honing your skills and formulating a business strategy? Most importantly how to write a nail salon business plan and what to include in it?

Don’t worry, we’ve got you covered. Before that let’s understand why it is important to have a nail salon business plan in the first place.

How Can a Nail Salon Business Plan Help You?

As we have discussed earlier, the nail salon industry is a highly competitive market and to flourish in it you need strategies only a business plan helps you achieve.

A business plan helps you in defining realistic and achievable goal s.

Moreover, it also helps you decide how various aspects of your business, like marketing , operations , and finance would function. It helps you know the industry better and helps you decide what to spend on and where to control your experiences.

Also, if you are planning on acquiring funds for starting your business, it can help you decide on which funding method works the best for you and what are your options in the current market.

Things to Consider Before Writing a Nail Salon Business Plan

A nail salon business plan includes several areas that are specific to it. Most importantly a nail salon should have a strong social media presence and great marketing and advertising strategy.

Apart from that, there are several aspects like finances, operations, and market analysis that a nail salon business has in common with the other businesses.

For writing a nail salon business plan there are several options like pre-designed templates and online business plan software.

A business plan software can help you design a customizable plan that suits your individual needs .

Nail Salon Business Plan Outline

This is the standard nail salon business plan outline which will cover all important sections that you should include in your business plan.

Let’s understand each section in detail.

1. Executive Summary

If you are planning on getting funded, this would be the most important section of your business plan as it acts as a pitch to investors. This section forms the first page of your business plan and should sum up your business idea in a complete and precise manner.

It should include areas like the targeted customer base, your vision and mission , your financial strategy, and also your potential profit in the coming years.

2. Company Summary

This section consists of everything your company stands for including its history, present condition, and future prospects.

As a nail salon business, it would also consist of your salon design, the size of the company, and the number of outlets, etc.

3. Market Analysis

Conducting a market analysis helps you understand your position in the market and what client base you should aim for. Not just that, it also helps you in understanding your competitors better, if you know their tactics it becomes easier for you to get ahead of them.

Hence, the market analysis section is a crucial aspect of your nail salon business plan.

4. Strategy and Implementations

In this section, you’ll include strategies for growth in all aspects of your business. In a nail salon business, it is of utmost importance to have a strong social media strategy and also ideas to introduce new forms of nail art that have the potential of turning into a trend in the future.

Apart from that, you’ll also include your target client base and strategies for reaching out to them in this section. For example, if your client base consists mainly of YouTubers and influencers then influencer marketing might work for your business, but if you have a more general client base then posts and reviews from your actual customers might work better for you.

Apart from that, it is also important to have strategies to manage customer relationships so your salon gets regular customers. Discount offers and packages for potential and present customers might work wonders for your business.

5. Management Summary

This section is especially important for nail salons as it includes everything about your employees. Having skilled nail technicians is essential to the success of your business.

Hence, in this section jot down all the skills and services your team has to offer and devise ways of tracking their progress and work.

6. Financial Plan

One cannot put enough emphasis on the importance of this section in any business plan. A financial plan helps you decide where to spend and where you can indulge in cost-cutting while setting up your salon.

A large number of salons focus tons on looking fancy and end up compromising on product quality, which proves hazardous for the business in the long run. Hence, it is better to manage your finances in a way that you get to offer high-quality services, and spend sufficiently but not overly on the way your salon looks.

In the nail salon business, it is important to decide your target audience first and design everything ranging from marketing strategy to finances around it as different selling points of a nail salon business attract different customers.

Nail Salon Business Plan Summary

In conclusion, a successful nail salon plan is designed by keeping various aspects in mind, but most importantly your target audience and your positioning in that market.

A good business plan and the right skill set can help you thrive no matter where you start from.

After getting started with Upmetrics , you can copy this sample nail salon business plan into your business plan and modify the required information and download your nail salon business plan pdf or doc file.

It’s the fastest and easiest way to start writing your business plan.

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Business Planning Resources

We have plenty of  free business planning resources  available to help you with your planning. You can download our resources to learn all about business planning.


Not found what you are looking for? Explore our 200+ sample business plans to find match for your business.

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DISCLAIMER: The business plans, templates, and articles contained on are not to be considered as legal advice. All content is for informational purposes, and upmetrics makes no claim as to accuracy, legality or suitability. The site owner shall not be held liable for any errors, omissions or for damages of any kind.

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How to Start a Nail Salon Business 12 Simple Steps [2023]

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How to Start a Nail Salon Business 12 Simple Steps [2023]

If you’ve been dreaming of launching your own nail salon, a world of possibilities awaits. With the beauty industry booming , now is the perfect time to unleash your creativity and start giving your clients luxurious manicures and pedicures!

But before you start giving out treatments, there’s a lot of work to be done – from researching the market to setting up your salon, to stocking it with the right products.

Never fear: in this blog post, we’ll walk you through all the essential knowledge you need for a successful nail business launch. Get ready to take on your entrepreneurial dreams – let’s get started!

How to Start a Nail Salon Business 12 Simple Steps [2023]

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Table of Contents

Start a nail salon by following these 12 steps

1. create a business plan.

A business plan is a written document outlining the plan and vision board for your nail salon. It contains an overview of your company’s future, and how you intend to go from point A to Point B.

A typical business plan should contain strategies like:

A business plan will help your nail salon business in many ways. It will help you map out the start-up costs, overhead, and expected profits of your salon.

But, It is important to be realistic in your estimates and to have a solid plan for marketing and advertising your salon.

Start-up costs for acquiring an existing salon can range from $40,000 northwards. While if you’re building a new salon from scratch, your budget could begin at $100,000 according to statistics .

Common cosmetology expenses include manicure and pedicure stations, furniture, equipment, signage, supplies, and advertising. It is important to shop around for the best deals on equipment and supplies.

Overhead costs will vary depending on the size and location of your salon. utilities, rent, insurance, and employee salaries are all potential overhead costs. Again, it is important not to be too overbearing on your estimates, exercise realism.

As you progress in this line of work, it is possible your business plan changes or you receive further updates. Of course, this depends on how fast you grow your business. Expected revenues for most nail salons generate between $275,000 and $575,000 per year.

However, this will vary depending on the location, clientele, services offered, and operating costs of the salon. A well-run nail salon can be a profitable business venture.

2. Get All Permits, Certifications, and Licenses Required

Nail Salon

Before you can open your doors, you’ll need to obtain the required permits and licenses from your local government. To get started, contact your local Chamber of Commerce or city hall to find out what permits and licenses you’ll need.

The requirements are specific and may vary depending on your location. But, you can typically expect to need a business license, a cosmetology license, and a health permit.

Once you have all of the necessary paperwork in order, you’ll be one step closer to opening your nail salon!

Alongside your cosmetology license, you also need a manicure certification. A cosmetology license gives you the leverage to develop further work in skincare and haircare if you ever decide to expand your business scope.

On the other hand, a manicure certification allows you to become a nail technician.

To become a certified nail technician, you need to clear the certification exams. A simple nail practice test can get you started by testing out your knowledge.

Once you complete all accredited cosmetology programs and licenses, you can then decide on a company structure.

3. Decide on a Company Structure for Your Nail Salon

There are a few different company structures you can choose from when starting your nail salon business. These include sole proprietorship, partnership, and LLC. Each has its advantages and disadvantages, so it’s important to consider which one is right for you.

Sole Proprietorship

A sole proprietorship is the simplest business structure. You are the sole owner of the nail salon and are responsible for all aspects of the business, including liability.

This structure requires very little paperwork so it’s easy to set up. However, you may have a hard time raising capital since you are the only owner.


In a partnership, two or more people share ownership of the nail salon. Partnerships can be either general or limited.

In a general partnership, you and your partner are equally liable for the debts and obligations of the business. In a limited partnership, there is always a partner who has limited liability.

Limited Liability Corporation

An LLC (Limited Liability Corporation) brings together the best of both worlds – the simplicity of a sole proprietorship and the legal protection of a corporation.

An LLC provides one owner with personal freedom from any impending debts or obligations, while still guaranteeing that the same owner safeguarded responsibility in the case of legal action.

Although setting up an LLC can be more involved than a sole proprietorship, the process is worth it; you’re able to raise more capital for your nail salon with multiple owners.

4. Branding and Logo

Creating an unforgettable brand identity is paramount for a thriving nail salon. How might you capture the experiences that customers can expect? Whether it’s luxury pampering, cost-effective treatments, or upbeat effects – make sure your name and logo are designed to reflect this idea.

For maximum recall and impact, craft a uniquely memorable title and simple logo. Consider worldwide success stories such as Nike, McDonald’s, and Apple, whose symbols are universally known and instantly recognizable.

Don’t underestimate the power of a sharply branded name and logo; by effectively expressing the essence of your business, you’re bound to attract more clients, as well as stand out from the competition.

Take your time to thoughtfully establish your brand identity for ultimate success.

5. Sourcing Finance for Your Business

There are a few options for financing your new nail salon business. You can use personal savings, take out a small business loan, or look into grant opportunities.

If you have the personal finances to cover the start-up costs of your business, that is the best option. This will give you full control over your business and you won’t have to worry about repaying a loan.

If you need to take out a loan, there are several small business loans available through banks and other lenders. The US Small Business Administration also has programs to help small businesses get started and grow.

There are also grant opportunities available for business startups. These are typically awarded by government agencies, private firms, or non-profit organizations.

This funding can be used to cover start-up costs or help with ongoing expenses like nail care, skincare products, and office rent.

6. Market Analysis and the Competition

Nail Salon Business

To start a successful nail salon business, it is important to be aware of the competitive landscape. This means understanding who your competitors are, what they offer, and how you can differentiate your business.

To compete against these major brands, it is important to offer something unique or different. This could be anything from lower prices to a more personal experience. Whatever it is that you offer, make sure it is communicated to potential customers.

Here’s what you need to know about how to conduct a market analysis for your nail salon business:

Know Your Target Market

Who are your potential customers? What are their demographics? What are their needs and wants? Knowing this information will help you tailor your marketing strategy and choose the right location for your salon.

Understand the Competition

Take a look at other nail salons in the area. What services do they offer? What are their prices? How do they promote themselves? Understanding what others are doing will help you set yourself apart from the competition.

Define Your Niche

Are you looking for a nail salon that stands out from the rest? What special services does your salon provide that competitors don’t have?

Consider what type of manicures, pedicures, gel nails, acrylics, or skincare you offer to draw in customers seeking specific services. By narrowing in on a particular niche, you can effortlessly attract discerning customers.

Set Competitive Prices

Once you know what services you want to offer, you need to set your prices. Make sure your prices are competitive with other salons in your area.

Do Your Research

In addition to talking to potential customers and observing the competition, it’s important to do your research.

Study the industry and best practices for starting a successful business. This will help ensure you’re prepared for everything that comes with owning a nail salon.

7. Your Marketing Strategy

The marketing plan for a nail salon business should include a variety of strategies to reach potential customers. Traditional advertising methods such as print, billboard, radio, and television can be used to reach a wide audience.

Digital Ad agencies can also be used to connect with potential customers and create a buzz about the business. They have expert reach and help you maximize your budget by targeting your niche audience.

Word-of-mouth is another powerful marketing tool. Offering discounts or holding special events can encourage customers to tell their friends and family about the salon.

8. Hire a Management Team

Hiring the perfect employees is a critical aspect of building an effective image for your enterprise.

To guarantee that your nail salon is conducted competently and efficiently, you will require staff members who possess insight into the requirements of the industry as well as great interpersonal abilities.

Not only should they be equipped to manage regular operations, but also any unexpected issues that may arise.

An ideal manager should own strong knowledge of the nail salon sector and first-rate communication faculties. Furthermore, they must be able to inspire their team and deliver premier customer support at all times.

By carefully choosing each leader of your management team, you can feel confident in the fact that your business is sure to thrive.

9. The Operations Plan

The operations plan is a critical component of your nail salon business plan. It outlines the day-to-day operations of your business, including your Salon’s hours of operation, location, equipment, staff, and services offered.

A well-thought-out operations plan will help you run your business effectively and efficiently. It will also help you anticipate and manage any challenges that may arise.

Here are some things to keep in mind as you develop your operations plan:

10. Get a Business Insurance

Protecting your business from any potential pitfalls is easy with the right kind of commercial insurance. Whether your enterprise is large or small, there’s likely an ideal policy out there for you.

Liability insurance is crucial if you manage a staff, and property protection provides coverage against costly fires or vandalism.

Additionally, product liability might be necessary if you offer services that are associated with any risk to your clients.

To guarantee you have the best coverage for your business, it is wise to get quotes from various insurance providers and speak to an agent about what type of policy fits your needs.

With proper business insurance in place, you can relax knowing your salon is safe from any possible hiccups.

Related:  Why Insurance is Important When Starting a New Business

11. Establish a Social Media Presence

Another important step to take in starting a nail salon business is to establish a social media presence . This will help you reach out to potential customers and promote your business.

Here are some tips for establishing a social media presence for your nail salon business:

Related: How To Increase Your Sales With Social Media Pages

12. Develop Your Brand Website

As a part of your venture into the nail salon business, it’s important to establish your brand website. This is where potential clients will go to learn more about your salon and what you have to offer.

Your brand website should be professional and easy to navigate. It should include information about your product services, prices, and contact information. You can also use your website to showcase customer testimonials and photos of your work.

Make sure your website is well-optimized for search engines so that potential clients can easily find you online.

The use of keyword-rich titles and detailed descriptions to help improve your ranking in search results. Use link-building services to help build your authority in SERPs.

Update your website regularly with new content to keep potential customers engaged. A well-maintained website is an essential part of any successful business. With the right planning and execution, starting a nail salon can be a successful and lucrative endeavor.

Related: Pre-built Website vs. Custom Website: Which is Best For You?

A successful nail salon business starts with careful research and planning. From choosing the right location to marketing your services to managing the business itself, each step requires patience and dedication.

While it may seem intimidating at first, the rewards of starting your own business are well worth it. So take the leap and give yourself the chance to become a successful nail salon entrepreneur. With hard work and determination, nothing is out of reach!

Also, Check-Out:

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Business Plan for Investors

Nail Salon Business Plan Sample

OCT.04, 2013

Nail Salon Business Plan Sample

Nail salon business plan for starting your own business

In today’s time, visits to nail salons have become quite frequent. Therefore, having a business in this industry can prove very profitable. If you plan to have a nail salon business, you can start with a minimal set of resources. 

To make it a success, you would need a comprehensive business plan for a nail salon. To learn how to write a business plan for a nail salon, you can take help from this sample. You can also look at a detailed business plan template for gum studio . Glamor Studio offers a wide range of business planning services and hence this business plan is well-suited for your guidance.

Executive Summary

2.1 the business.

Glamor Studio will be a nail salon business owned by Vanessa Abraham. The company will aim to provide beauty services across Atlanta. A wide range of services will be offered, from makeup packages to mani-pedis and much more. Hence, Vanessa will be using a diverse nail salon business model for Glamor Studio.

2.2 Management of Nail Salon

To ensure that all aspects of the business are coherent, you must prepare a unique fitness marketing plan for the services you offer. In your nail salon business plan executive summary, you should evaluate the technical, financial, and human resources you have at your disposal. And then construct a way to utilize and manage these resources in the best way possible.

We are providing an indoor sports complex business plan acquired by Glamor Studio to help you devise a plan for your startup. This can be very useful for your venture as this sample business plan for a nail salon is written in detail and can answer most of your questions regarding the procedure of setting up a business.

2.3 Customers of Nail Salon

Although the primary focus is on the female population, our customer base includes everyone cautious about their skin and beauty. In this nail salon business plan example, potential and recurring customer groups are identified as:

2.4 Business Target

Our target is to become the leading salon in the market, with the most loyal customer base. In addition, we aim to encourage a healthy lifestyle in the community by offering a wide range of services such as nail repairs, UV gel overlays, and nail designs.

You must have a sound nail salon business plans to satisfy business plan experts and keep the venture financially stable .

Our financial targets to meet for the first three years of our launch are demonstrated below:

Nail Salon - 3 Years Profit Forecast

Company Summary

3.1 company owner.

Vanessa Abraham will be the owner of Glamor Studio. Venessa completed her Bachelor’s in Business Administration from the University of Atlanta in 2015. After graduating, she worked with different fitness clubs as a trainer or a manager. After gaining some experience, Vanessa decided to have a startup of her own.

This business plan template for nail salon will help you out if you are thinking of opening up a nail salon like Vanessa.

3.2 Why the nail salon business is being started

Vanessa noticed that people have started to shift towards healthier lifestyles over time. Considering the potential of the growing health & beauty industry, Vanessa decided to start a nail salon business of her own. Glamor Studio promises to provide its customers with an exclusive experience and an atmosphere that other salons aren’t offering in the business. Here is a sample business plan for a nail salon of Glamor Studio. It will address all your questions regarding how to start your own nail salon.

3.3 How the nail salon business will be started

Step1: Plan Everything

The first step before starting a business is to develop a business plan. To help you create a business plan, we’re providing a nail salon business plan pdf. Venessa decided to offer a wide range of services such as yoga, dance, and providing healthier beauty tips.

Step2: Define the Brand

The next step is to be recognized by defining your business’s services and values. During this time, you will have to develop and brand your policies so that your customers can identify your unique selling point and choose you over your competitors. Finally, you can define and position your brand in the market through various marketing strategies. 

Step3: Establish Your Corporate Office 

Venessa decided to establish Glamor Studio’s corporate office above her salon’s building in Atlanta so that the management is aware of day-to-day operations. 

Step4: Establish a Web Presence

Since digitalization and online marketing are integral to a business’s success, your nail salon must have a web presence. So as Venessa decided to expand her services and thought of opening a dance studio business plan , she also made sure to have a website for Glamor Studio.

Step5: Promote and Market

The last step is to develop and execute a marketing plan to promote your services. Efficient marketing and promotion can help you position your business in the marketplace in a successful manner. This business plan template for a nail salon will guide you on all such aspects.

Nail Salon - Startup Cost

Before starting a nail salon business plan, you must be clear on what services you want to provide your customers. 

Considering various nail salon business plan examples, a business plan for beauty services such as nail overlays would be different than starting a yoga center business plan . 

Since Vanessa decided to offer a wide range of services, Glamor Studio sample nail salon business plan can help you with your startup planning, regardless of what services you will be offering.

Following are the services that Glamor Studio will offer according to the business plan for nail salon pdf:

UV Hard Gel is a mixture applied either on top of a nail extension or directly onto the natural nail bed to strengthen the nail. This service is quite popular amongst Atlanta’s female population, particularly the homemakers who are our target market.

A manicure is a beauty treatment for the hands. Your nails will be cut, filed, and shaped. You will then have your cuticles pushed back and tidied, followed by a hand massage. The final step will be the painting of the nails with a color of your choice.

A pedicure is a treatment for your feet that removes dead skin, softens hard skin, and shapes and treats your toenails .  Think of it as a manicure for the feet!

Nail art is a creative way to paint, decorate, enhance, and embellish nails. It is a type of artwork that can be done on fingernails and toenails, usually after manicures or pedicures.

The costs for setting up a nail salon are similar to that of an indoor trampoline park startup cost . Hence it is not very high and has promising returns. 

If you plan to offer services like those provided by Glamor Studio, this sample will answer all your questions regarding how to write a business plan for a nail salon.

Marketing Analysis of Online Store Business

You must have an in-depth knowledge of your target market before starting up a nail salon. The ideal way of knowing your customers and competitors is to do a market analysis in your business plan. This example of a business plan for a nail salon includes an in-depth market analysis of the previous, existing, and forecasted market trends.

excellent work

excellent work, competent advice. Alex is very friendly, great communication. 100% I recommend CGS capital. Thank you so much for your hard work!

If you don’t know the components of detailed marketing analysis, you can take help from this free sample business plan for a nail salon.

5.1 Market Trends

As per market research, the average gross revenue of nail salons in the U.S total up to $287,000 with a profit margin of 17%. The nail salon business is quite promising in financial returns, especially if it is opened as a franchise.

5.2 Marketing Segmentation

As per the nail salon business plan template, Glamor Studio will have the following groups of potential customers:

Nail Salon - Marketing Segmentation

5.2.1 College Students

According to this nail salon business plan sample pdf, college students will be one of the most recurring customers of Glamor Studio. They are expected to visit us for different services before farewells and parties. 

5.2.2 Homemakers

Homemakers are our primary focus at Glamor Studio. UV nail overlayers are the most profitable service in our business, and hence, are the most sought after by homemakers in Atlanta. 

5.2.3 Working professionals

Employees in different sectors of the economy have demanding work schedules, and they barely get time for self-care. Glamor Studio offers personalized packages to such customers to avail of our services as per their timetable and budget.

5.2.4 Teenagers

Teenagers are fascinated by colorful, funky nail arts. Thus, they will also visit the studio.

If you are confused about how to open a nail salon business and are thinking about questions such as what do I need to open a nail salon, you should follow this guide. Start by analyzing the customer groups stated above and see if any of them can be a potential target market for your salon.

5.3 Business Target

5.4 Product Pricing

Our prices are similar to what our competitors offer. However, as a newly established business, our primary focus will be to establish a loyal clientele.

Marketing Strategy

To become prominent amidst huge competition, you need to develop a unique selling point. Moreover, you also need to develop a strong marketing strategy so that more and more people recognize you. 

In this business plan nail salon, we’re providing a well-thought-out marketing strategy for Glamor Studio. You can learn a lot from this nail salon marketing plan.

For marketing nail salon, Glamor Studio will use the strategies mentioned below.

6.1 Competitive Analysis

6.2 Sales Strategy

6.3 Sales Monthly

Nail Salon - Sales Monthly

6.4 Sales Yearly

Nail Salon - Sales Yearly

6.5 Sales Forecast

Nail Salon - Unit Sales

Personnel plan

The success of a nail salon business depends heavily on the efficiency, technological expertise, and time management skills of employees. Vanessa knew the importance of hiring skilled employees. Therefore, she created a list of required employees and selection criteria in her business plan.

7.1 Company Staff

As per this nails salon business plan, Glamor Studio will hire for the positions:

This nail salon business plan pdf promotes internal recruitment and suggests promising rewards & recognition system. Before recruitment for your startup, you may use this business plan template for nail salon as a reference point.

7.2 Average Salary of Employees

Financial plan.

A sole focus on increasing sales does not ensure that your business will become successful and yield profits. If the thought “is opening a nail salon profitable” crosses your mind, you need to understand that to earn profits; it is essential to manage your operations timely and efficiently. To ensure that your business is not going into a loss, you must make an accurate financial plan that calculates the cost to start a nail salon, delineate cash flows, and presents a graphical analysis of profit and loss margins.

If you are worried how much does it cost to build a nail salon, just go through the financial plan that is being provided here. This plan contains all the fiscal details for starting a nail salon business.

8.1 Important Assumptions

8.2 break-even analysis.

Nail Salon - Break-even Analysis

8.3 Projected Profit and Loss

8.3.1 profit monthly.

Nail Salon - Profit Monthly

8.3.2 Profit Yearly

Nail Salon - Profit Yearly

8.3.3 Gross Margin Monthly

Nail Salon - Gross Margin Monthly

8.3.4 Gross Margin Yearly

Nail Salon - Gross Margin Yearly

8.4 Projected Cash Flow

Nail Salon - Projected Cash Flow

8.5 Projected Balance Sheet

8.6 business ratios.

The amount of money you can earn through a nail salon depends on your nail salon business plan checklist and financial planning.

A nail salon is a very profitable business, as shown by this nail salon business plan sample.

The investment varies as per the startup. While you look for how to start a nail salon business plan, create a checklist for resources that are needed to know how much investment you need to start this business.

The startup cost of the nail salon business varies with the extent of the services provided. To have a rough idea of the cost, you may see the table for startup costs given in this nail salon business plan.

Download Nail Salon Business Plan Sample in pdf

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Free Hair and Beauty Salon Sample Business Plan

Hair and Beauty Salon Sample Business Plan

Looking for a free, downloadable hair and beauty salon sample business plan Word doc  or PDF to help you create a business plan of your own? Bplans has you covered. 

Keep in mind that you don’t need to find a sample business plan that exactly matches your business. Whether you’re launching an upscale, full-service salon in a bustling city or a neighborhood barbershop, the details will be different, but the bones of the plan will be the same. 

Are you writing a business plan for your salon because you’re seeking a loan? Is your primary concern building a clear roadmap for growth? Either way, you’re going to want to edit and customize it so it fits your particular company. 

No two salons are alike. Your business model will be different if you’re renting space to independent hairstylists, rather than taking on employees, for example. So take the time to create your own financial forecasts and do enough market research so you have a solid plan for success. 

What should you include in a hair and beauty salon business plan?

Your hair and beauty salon business plan doesn’t need to be hundreds of pages—keep it as short and concise as you can. You’ll probably want to include each of these sections: executive summary, company summary and funding needs, products and services, marketing plan, management team, financial plan, and appendix. 

One of the things that makes a salon business plan different than some other service-based business plans is that you might decide to offer a combination of products and services. 

Maybe you’ll sell shampoo, beard oil, or other cosmetics and beauty products, in addition to offering services like haircuts, manicures, or massages. If that’s the case, make sure you include your ideas for upselling products to customers to increase the value of every appointment you book. 

Hair and beauty salon sample business plan outline

Download this hair and beauty salon sample business plan PDF or  this editable Word doc  for free right now, or visit Bplans’ gallery of more than 500 sample business plans if you’re looking for more options.

There are plenty of reasons salon business owners can benefit from writing a business plan —you’ll need one if you’re seeking a loan or investment. Even if you’re not seeking funding, the process of thinking through every aspect of your business will help you make sure you’re not overlooking anything critical as you grow.

AvatarKateri Kosta

Kateri Kosta


Kateri is a leader in innovative brand and content marketing. She’s committed to putting the best words in the right order to deliver high quality, discoverable, and useful tools and resources at scale. She enjoys exploring the intersection of tech, words, and the people to who drive small business culture.

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Salon Business Plan Template

Used 5,697 times

Prepared by: ​ [Sender.FirstName] [Sender.LastName] ​ [Sender.Company] ​

Prepared for: ​ [Client.FirstName] [Client.LastName] ​ [Client.Company] ​

Image 1

Executive summary

In order to fulfill the vision in this salon business plan, we will require (amount) in capital which will be allocated roughly according to the following table:

If our beauty salon is fully capitalized, we hope to be profitable by (time period).

​ [Sender.Company] will be owned and run by [Sender.FirstName] ​ [Sender.LastName] in the (intended area of business operations). Our mission is to serve the (area) population with premium services including (for a hair salon, services could include cuts, colors, blowouts, styles, etc. but gear these services to the specific type of salon) and more. [Sender.Company] is seeking funding in order to (describe the purpose of desired funds i.e. build or rent a facility, buy salon equipment, hire staff, etc.).

Marketing plan

Target market.

Our clientele is made up largely of (families, working professionals, high-income households, etc.) and we intend to cater to this market by (write down the specific strategies geared towards this target market).


Our competition is made up of minimal/many salon businesses with the most significant competitors including (names of main competitors) . We plan to win customers from our competitors by offering (describe differentiating factors you plan to use to outshine your competition i.e. more services, better prices, nicer salon facilities, etc.).

Specific marketing plan

​ [Sender.Company] will take advantage of targeted marketing strategies to win customers from our competitors and build our brand. These strategies include (describe some of the specific strategies that you intend to use for salon marketing).

Products and services

​ [Sender.Company] will offer its clients a range of premium services including (describe various services) . We will also sell a variety of products such as (describe types of products).

Operations plan

Beauty salons require a consistent supply of materials to operate effectively, and these supplies include (describe supplies). We have established relationships with various suppliers and have negotiated rates for these necessary items giving us pricing assurances for the foreseeable future.

​ [Sender.Company] intends to hire (number) of staff and have (number) chairs operating. Our hours of operations will be from (describe days and hours the salon will be open).

All of our staff will be fully licensed and compliant with local and regional regulations. In (area) salon staff are required to have (describe specific licensing required) , and this will be a hiring requirement for our personnel.

Expense projection

We expect our monthly outlay of expenses to approximate to the following:

Management team

​ [Sender.Company] will be run primarily by [Sender.FirstName] ​ [Sender.LastName] who has extensive industry experience and is fully equipped to run a salon business. (Go into additional detail here).

(Add more biographies for other business owners or key management personnel here)

​ [Sender.FirstName] [Sender.LastName] ​

​ [Sender.Company] ​

Home » Business ideas » Beauty Care Industry » Hair Salon & Hairdressing

How to Write a Nail Salon Business Plan [Sample Template]

Are you about starting a nail salon business ? If YES, here is a complete sample nail salon business plan template & feasibility report you can use for FREE . Okay, so we have considered all the requirements for starting a nail salon business. We also took it further by analyzing and drafting a sample nail salon marketing plan template backed up by actionable guerrilla marketing ideas for nail salons. So let’s proceed to the business planning section.

Table of Content

Why Start a Nail Salon?

1. industry overview, 3. our products and services, 4. our mission and vision statement, 5. job roles and responsibilities, 6. swot analysis, 8. our target market, 9. sales and marketing strategy, 10. sales forecast, 11. publicity and advertising strategy, 12. our pricing strategy, 14. sustainability and expansion strategy.

The art of looking good is one activity nearly all women love to engage in. This is because of the fact that they do not like to be seen as shabby looking. This is one of the reasons why some women do not mind to go to any length to look and feel good.

One of the ways through which women try to look their best is by keeping their nails neat and attractive. They see to it that they have the right manicure and pedicure, as well as have the best of nail colors to look good. This is one also one of the reasons why several businesses surrounding the nails have come to stay.

Setting up as nail studio is one of the best things that could possibly happen to a budding entrepreneur, and this is because of the good returns on investment that is being encountered there. If you think that starting a nail studio is what you want to do, then care must be taken to do the adequate and needful research that will help you operate and launch out at the optimum.

Here below is a sample Nail Salon  business plan template, whose template you can comfortably adopt to build yours from start to finish.

A Sample Nail Salon Business Plan Template

A nails salon or nails bar as some people like to call it, is a specialty beauty salon trade that primarily offers nail care services such as manicures, pedicures, and nail enhancements. It is also needed to know that in most cases, nail salons also offer skin care services. There are around 200,000 nail salons in the united states of America. Those who are employed to offer the services of the nails are known as the technicians or manicurists.

Nail salons offer a variation of options for nail care. This includes acrylics, silk or fiberglass wraps, French manicures, polish, pedicures, etc. Some nail salons do not just stop at offering nail services, they also offer other beauty services like; facial treatments, waxing, and skin care.

Also, there are recognized qualifications that are required to be gotten, in order to be able to be granted licenses to the salons. Research has shown that almost 40% of nail salon technicians in the US are Vietnamese women, and these women can be found mostly in California. These immigrants decided to start nail salon businesses in America after the Vietnam War.

The training required for nail salon work is small and inexpensive; the work does not require high level of qualification so far as you are able to communicate with your clients without difficulty. In the same vein, the amount of capital is not much compared with if you had to open some other businesses that needed a huge capital base.

2. Executive Summary

Fingers and Toes nail Studio is a classy nail salon that will be opened in New York City, America. We have chosen New York because we think that it would be an amazing opportunity to have the crème de la crème in the society and in showbiz visit our nail hub.

The business will be run as a standard nail salon coy, and we shall see it that all clients from old to young are given the very best of services. Our services will cover areas such as; manicure, pedicure, nail painting, nail fixing, nail trainings, as well as other added services that will also help boost our brand.

We are aware that businesses these days require diverse and sophisticated approaches. This is why we will be sure to be abreast with the creativity and trend which the trade is exposed to. We shall also be involved in the training of budding entrepreneurs who may want to venture into this industry. Even though starting a nail salon might look really pretty easy to start,   we intend to bring in strict professionalism that will make up stand out.

Fingers and Toes nail studio is primarily focused to help its clients look their very best at all times. We would try as much as lies within our power to surpass the expectations of people. Our prices would also be very affordable; we do not want to scare our new clients away with our pricing. As a matter of fact, we plan to lower our pricing so that we can gain good grounds within our startup period.

We plan to hire the best hands in the city of New York to help us drive our biasness. This is one of the reasons why     who do not mind to pay our employees well because we know that we are striving for a goal and that is the goal of gaining loads of clients. In addition, much more than just satisfying our clients, we also want to see new entrepreneurs empowered by us, as they emerge to start their own nail salon business.

We shall also be involved in the sponsoring of various programs that are hosted in the locality which we are located. Shows like fashion shows, hair exhibitions, entertainment shows, amongst many others. This is o that we are able to give a good account of ourselves as we launch out.

We shall be known to offer strict professional nail services at all times. This is so that we do not deviate from our core. Here below are some of our business offerings;

Our Business Structure

At Fingers and Toes, we know that having a solid structure will make us drive our nail business really smoothly. Therefore, we will build a firm business structure that can support the growth of our business. We will ensure that we hire competent hands to help us build the business of our dream.

Below is the business structure that we will build Fingers and Toes Nail Salon

Salon Manager

Chief Executive Office

Front Desk Officer

Nail Stylist 1 and 2

Fingers and Toes nail salon has engaged the services of a core professional in the area of business consulting and beauty to assist the firm in building a solid consulting firm that can favorably compete in the highly competitive consulting industry.

Part of what our team of business consultant did was to work with the management of the firm in conducting a SWOT analysis for Fingers and Toes Nail salon. Here is a summary from the result of the SWOT analysis that was conducted on behalf of Fingers and Toes nail salon.

Our core strength lies in the power of our team; our workforce. We have a team – made up of the Vietnamese women that can go all the way to give our clients value for their money. We are well positioned and we know we will attract loads of clients from the first day we open our doors for business.

As a new nail salon in the area we have decided to operate from, it might take some time for our organization to break into the market; that is perhaps our major weakness.

The opportunities in the nail salon industry can be said to be very promising despite the high level of competition that abounds. One of the opportunities is the fact that there are loads of people that engage the services of manicurists, and we will strive to be the leading ones.

Some of the threats that we are likely going to face as a nail salon operating in the United States are unfavorable government policies, the arrival of a competitor within our location of operations and new trends in trade that often affect patronage.. There is hardly anything we could do as regards these threats other than to be optimistic that things will continue to work for our good.


Quite a number of distinct trends have emerged in recent times in the nail beauty industry which is why nail salons are positioning their organizations to attract all and sundry. As a matter of fact, this is one of the things that makes most nail studios to spruce up their creativity level so that they

In this type of business, one of the things that could possibly make one stand out from the competitive crowd is having a top notch customer service. If possible there is the need to place a follow up calls to all clients from time to time. Those who are known to   engage in such exercises have come to know that they attract more and more clients as the days go by.

In addition, no matter how bad the economy may be, people still fund or rather still deem it very important to have their nails done. This simply means that there would be more money coming into the coffers of those who operate the business, even though the economy bites hard at the people.

The target market which we are all out to serve are primary the female folks. This is because of the fact that they are the ones who will leave no stone unturned in seeing that they look their best. Whilst some may do this to continue to be attractive to their partners, yet others cannot just do without looking good.

As such, our target market cuts across all sectors. Also our nail salon will have a variety of practice areas to help budding nail manicurists grow. Our target market cuts across women of different class and people from all walks of life, local and international organizations as well.

We are coming into the industry with a business concept that will enable us work with the highly placed people and celebrities in the country and at the same with the lowly placed people and smaller businesses.  In other words, our target market is the whole of the United States of America and subsequently other parts of the world. Below is a list of the people and organizations that we have specifically designed our services for;

Our competitive advantage

A close study of the beauty and nail industry reveals that the market has become much more intensely competitive over the last decade. As a matter of fact it is becoming really tough to break even in this market because of the number of people who are in it.

However, we are also aware that this hasn’t deterred people from breaking even and smiling to the bank. This is one of the reasons why we have added other services that are beauty related; this is so that we do not miss out in any way.

Fingers and Toes nail salon may be a new entrant into the business beauty industry in the United States of America, but the management staffs and board members are considered gurus. They are people who are core professionals and licensed and highly qualified beauticians in the United States. These are part of what will count as a competitive advantage for us.

Lastly, our employees will be well taken care of, and their welfare package will be among the best within our category in the industry meaning ;that they will be more than willing to build the business with us and help deliver our set goals and achieve all our aims and objectives.

It is the wish of every business to generate income at all times and our nail salon is one of such businesses. Fingers and Toes Nail Salon is established with the aim of maximizing profits in the beauty industry and we are going to go all the way to ensure that we do all it takes to attract clients on a regular basis and sign retainer – ship with most of our clients.

Hence, there are several ways through which we plan to make this money at all times. Fingers and Toes nail salon, will generate income by offering the following services;

There will always be a need to do some business and sales forecasting as a business. This is because of the drive4 it gives one to achieve it. In the same vein, Fingers and Toes nail salon has several sale projections that we will be all out to achieve. For as long as there are female folks in New York, we know that we will be able to reach our sales goals in no distant time.

We are well positioned to take on the available market in the U.S. and we are quite optimistic that we will meet our set target of generating enough income / profits from the first six month of operations and grow the business and our clientele base beyond New York City, New York to other states in the U.S. and even the global market.

We have been able to critically examine the beauty market and we have analyzed our chances in the industry and we have been able to come up with the following sales forecast. The sales projection are based on information gathered on the field and some assumptions that are peculiar to startups in New York.

Below is the sales projection for Fingers and Toes Nail Salon. It is based on the location of our nail salon and the wide range of other addendum services we will be offering;

N.B : This projection is done based on what is obtainable in the industry.

We mindful of the fact that there is stiffer competition amongst nail salons in the United States of America; hence we have been able to hire some of the best business developer to handle our sales and marketing. Our sales and marketing team will be recruited based on their vast experience in the industry and they will be trained on a regular basis so as to be well equipped to meet their targets and the overall goal of the organization.

We will also ensure that our excellent job deliveries speak for us in the market place; we want to build a standard beauty business that will leverage on word of mouth advertisement from satisfied clients (both individuals and organizations).

Our goal is to grow our nail salon to become one of the top 20 salons in the United States of America which is why we have mapped out strategy that will help us take advantage of the available market and grow to become a major force to reckon with not only in the U.S but in the world stage as well.

Fingers and Toes nail salon is set to make use of the following marketing and sales strategies to attract clients;

We have been able to work with our in house consultants and other brand and publicity specialist to help us map out publicity and advertising strategies that will help us walk our way into the heart of our target market. We are set to take the consulting industry by storm which is why we have made provisions for effective publicity and advertisement of our beauty based business.

Below are the platforms we intend to leverage on to promote and advertise Fingers and Toes Nail salon business;

One of the ways through which we know that we will be able to get more clients within a short period of time is when our pricing is on the moderate level. Being on the moderate level means that we are able to maximize profit in a ways that doesn’t put holes in the pocket of pour clients.

As such, we are looking at lowering our price a bit below that of our competitors, so that we can gain good grounds in the market and become a house hold name and a force to reckon with. This is very important because when our pricing becomes too high, the clients may have the options of switching over to our competitors and we do not want that to happen in any way.

So, we are poised to keep our fees below the average market rate for all of our clients by keeping our overhead low and by collecting payment in advance. In addition, we will also offer special discounted rates to newbies and clients who have some special occasions like Birthdays.

This means that for clients whose special days we remember, we will invite them over to the salon on that special day and then offer our services for free to them. We will also make sure that we do not lower our quality in any way because we are offering these services for free.

We are also aware that there are some clients that would need regular home services, as well as need some consultancy and advisory services and assistance on how they can launch their own nail salon business, we will offer flat rate for such services that will be tailored to take care of such clients’ needs.

We know too well that we will be dealing with different types of clients, and that is one of the reason why we shall have different payment options to cater to all and sundry. At Fingers and Toes nail Salon, our payment policy will be all inclusive because we are quite aware that different people prefer different payment options as it suits them.

Here are the payment options that we will make available to our clients;

In view of the above, we have chosen banking platforms that will help us achieve our plans with little or no itches.

13. Startup Expenditure (Budget)

Starting a nail salon trade can be cost effective; this is so because on the average, you are not expected to procure any expensive machines and equipment. Basically what you should be concerned about is the amount needed to secure a standard office facility in a good and busy business district, the amount needed to furniture and equip the office, the amount needed to pay bills, promote the business and obtain the appropriate business license and certifications.

Basically, this is the area we are looking towards spending our start – up capital on;

Going by the report from the research and feasibility studies, we will need about $150,000 to set up a small scale but standard consulting firm in the United States of America.

Generating Funding / Startup Capital for Fingers and Toes Nail Salon

Fingers and Toes Nail salon is going to start as a private business that will be solely owned by Ms. Laura Arty. She will be the sole financial of the firm, but may likely welcome partners later which is why he has decided to restrict the sourcing of her start – up capital to 3 major sources.

These are the areas we intend generating our start – up capital;

N.B: We have been able to generate about $50,000 (Personal savings $40,000 and soft loan from family members $10,000) and we are at the final stages of obtaining a loan facility of $100,000 from our bank. All the papers and document has been duly signed and submitted, the loan has been approved and any moment from now our account will be credited.

It is easier for businesses to survive when they have steady flow of business deals / customers patronizing their products and services. We are aware of this which is why we have decided to offer a wide range of nail beauty services to both big and small clients.

We know that if we continue to deliver excellent nails and general beauty services, there will be steady flow of income for the organization. Our key sustainability and expansion strategy is to ensure that we only hire competent employees- like the very experienced Vietnamese ladies.

We will create a conducive working environment that will add to the wealth of experience that our team has. In the nearest future, we will explore the options of either merging with other beauty related businesses in the industry, in order for us to increase our market share.

We know that if we implement our business strategies, we will grow our nail salon business beyond New York City, New York to other states in the U.S in record time.

Check List / Milestone

More on Beauty & Hair Salon

Nail Salon Business Plan

The first step in getting your nail salon off the ground is to sit down and develop a thorough business plan . Before starting, be sure you’ve taken the time to consider the vision you have for your business, what you hope to accomplish as a business owner, and a basic plan for what this journey will entail. With those things in mind, it’s time to dive deeper into the details. This guide is designed to take you to the next phase in preparing to start your nail salon business.

A woman getting her nails painted red.

Market Research

Understanding your market is an essential part of starting and maintaining a successful business. This includes getting to know both your target customer and your major competitors as well as learning all that you can about the nail salon industry in general.

If you need help branding your nail salon, try using our Free Nail Salon Logo Maker . Our free tool will help you brand your nail salon with a unique logo to make your small business stand out.

Who is your target customer?

On the surface, identifying your target customer may seem simple. At the most basic level, a nail salon customer is anyone looking for nail services. However, true success comes from knowing not the target customer of a nail salon, but of your nail salon.

During the first phase of your business planning, you spent some time considering what type of salon you hope to open and who it will cater to . At this phase, it is time to deal with the specifics.

An excellent way to approach this step is to create a profile or persona of your ideal customer. Consider the age, location, gender, income level, and other demographic details about who you think will be frequenting your salon. By doing this you can most effectively craft your design, atmosphere, marketing, prices, products, and services.

Some important questions to answer when establishing your target customer base are:

Who are your competitors in the market?

Just as important as understanding your customers is understanding who else is trying to attract them. Knowing who your competitors are, and what they offer, can help you make your products, services, and marketing stand out. It will enable you to set your prices competitively and help you respond to rival marketing campaigns with your own initiatives.

It is important to remember that competition can come from a number of places. The first stage of your competitive research should focus on identifying competing nail salons in your area. Look to local business directories, trade organizations and events, advertisements, and basic online research to develop a better understanding of what businesses and products exist in direct competition with what you hope to offer.

Next, take a closer look at how they do business. Compare prices, services , staff size, brand design , and media and marketing. Much of this information can be found by simply visiting your competitors’ websites or following them on social media. To dive even deeper, book a service or two at some of your competing salons. While there, pay close attention to the quality of their customer service, the wait time for an appointment, how busy their salon is at a given hour, how many people are working, and the skill of their technicians.

Throughout this process, make note of what aspects of their services you’d like to adopt and what things you know you can improve on. Consider what marketing tactics appear to be working for them and what falls flat.

Finally, do not forget about less direct or obvious competition. The explosion of multi-level marketing businesses means competing not only with other brick and mortar nail salons, but also a range of online businesses marketing directly to your customers in the comfort of their homes. Research what nail products are available through these companies and how you may be able to offer similar products or services in your salon.

Nail Salon Industry

Understanding your industry as a whole is just as critical as knowing your local market. This information can help you predict your profitability and growth over time as well as how to effectively capitalize on industry trends or innovations.

The nail salon industry is fairly stable, with an annual growth rate of around 7.5% over the past three years. In 2019, industry sales were $5.9 billion dollars, with the average sales per company around $200,000. As a discretionary service business, nail salon profitability will often hinge on the economy at large. During economic downturns, demand for non-essential services such as manicures and pedicures will fall. As the owner of a nail salon, you should be prepared for these economic ebbs and flows.


With an idea of who your ideal customer is and where your salon will fit in the local market, you can begin to consider what services you’d like to offer, any products you hope to sell, and how to price these selections.

What types of services will your nail salon offer?

A nail salon can offer anything from basic manicures and pedicures to a full slate of personally crafted specialty services . To begin, sketch out a list of services you hope to offer based on the type of salon you are opening. Start with the basic categories of manicure, pedicure, and artificial nails and build your list from there. This initial list will look something like this:

The specific services you offer will depend on your salon’s style, atmosphere, and aesthetic, but should also strongly take into account the information you gain during the market research phase of planning. Look closely at who uses salon services in your area, what services are most popular, what your competition offers, and what gaps can be filled.

A nail salon in a small college town will offer services and specialties different from one located in an upscale city center, but that does not mean you can’t put your own personality into your salon. One of the best ways to do that is to focus on both the service and the experience. Consider how you can transform a manicure or pedicure into a unique spa experience for your clients. Services falling under the manicure category can include anything from simple polish or French manicures to paraffin wax treatments and aromatherapy hand massages, while pedicures may include a hot stone massage or callus treatment.

One of the most appealing aspects of opening a nail salon is that changing and adapting your services comes with low overhead costs. As you begin seeing clients and getting a feel for what types of services they are requesting, what style of artificial nails they prefer, and which technicians are most in-demand (and why) you can further tailor your offerings to meet those demands.

Finally, many nail salons offer additional services, such as waxing and false eyelash application. Keep in mind that as you expand your offerings your technicians may need to be specifically licensed to perform these new services.

Will your nail salon offer products for sale?

Offering products for sale in your salon is an excellent way to add to your profits. At the very least, most salons will sell the line of nail polish they use on their clients. Other popular offerings include hand and foot care products, cosmetics, fashion accessories, and gift sets.

Your product offerings should stem directly from your available services. Like your list of services, your selection of products will likely evolve over time as you learn the preferences of your clientele.

Pricing your services right is a critical factor in the success of your salon. At the most basic level, price setting is a product of supply and demand. As with each factor in your planning, your market research should be the first place you look for information on how to properly price your salon services.

If you set your prices too high above the average rate in your area, you risk pricing out your target customer base or driving them to your competitors. If there is a great deal of competition in your area, consumers will have enough options to choose a lower price for comparable services. Even if you are the only salon in town, however, your prices can still only go as high as your customers can reasonably afford and are willing to pay.

On the other hand, pricing your services too low also comes with a number of problems. If your services are priced too far below average you risk inviting a higher demand of clients than you can handle, leading to long wait times for appointments or rushed services, both of which will turn people off to your salon. Additionally, low prices can lead to lost revenue or a price war with other salons in your area that can put you out of business.

Your prices will ultimately need to be high enough to cover your expenses and turn at least a modest profit.

Beyond the supply and demand curve, however, there is a strong psychological factor involved in pricing. It has consistently been shown across industries that consumers use the price of products and services to help determine their quality. For this reason, people will very often respond more favorably to higher-priced items, even when identical products are being compared.

If you consider all of these factors, you should be able to establish reasonable prices for your services that can be tweaked up or down as your business develops until you find your sweet spot.

Finding the proper space for your salon will have a big impact on upfront and ongoing expenses as well as the overall success of your business. Because the location of your salon is one of the most important decisions you will make, be sure to set aside enough time to visit many locations and consider all of the following critical factors before settling on a space.

Buy or rent

The decision to buy or rent your space will have lasting implications for your budget and the future of your business. Buying will typically require a larger upfront investment, while renting offers more flexibility. Commercial rental rates can be anywhere from $10 to $200 per square foot per year, or around $10,000 to $200,000 annually. Real estate prices can vary just as widely depending on your location.

Turnkey or remodel

You will also need to decide if you’d prefer to purchase and take over a functioning salon or start from scratch. Buying out an existing business can be much less of a risk, but will not offer as much flexibility when it comes to executing your own vision. The cost to purchase a fully functional nail salon can range anywhere from $40,000 to well into 6-figures depending on where you live and what you’re looking for. Alternatively, industry experts estimate that the cost to build out a nail salon in a commercial space will range from $75,000 to $125,000 for a 1000 square foot salon.

Choosing the right location for your business is essential and will have a big impact on both cost and success. You will need to balance the benefits of a given location with your budget to find a space that is attractive from a business and financial perspective. Things to consider include the other businesses around your space, the level of foot or vehicle traffic past your location, and the population in the area. If you select a residential area you will need to determine how visible your location is from the road or sidewalk and how busy or deserted the area becomes during the workweek. If you select a space within a larger shopping plaza, the other businesses in the plaza will have a dramatic effect on what type of consumer is walking past your salon.

As a service-based business, hiring the right employees is essential. Although you won’t be doing any hiring at this stage, it’s important to start considering what roles need to be filled and how you may go about filling them.

Day One Employees

Unless you are starting a small at-home salon or a one-person mobile salon, you will need to hire at least a handful of employees ready to work from day one. At a minimum your start-up staff should include one or more technicians to perform salon services, a front desk receptionist to greet clients, answer phones, and make appointments, and someone to manage the day to day business functions of the salon. You may choose to take on one or more of these tasks yourself, but will not be able to handle all of them on your own.

To get a rough idea of who you’ll need to hire, think about how many manicure and pedicure stations you hope to have in your salon, what additional services you plan to offer, and how much you can afford to spend on your staff’s wages. You can also begin a preliminary list of qualifications you will seek in prospective employees and how you hope to conduct the interview process. Read our full guide on the hiring process . 

This first core group of employees will be a more integral part of your business’ success than future hires. For this reason, hiring the right people and developing a training program that gets them invested not only in their job but in your business as a whole can make all the difference. Start to think about the key skills you’ll look for in your employees and how you can hone these skills through proper training. Consider also, what type of customer service environment you hope to create and how you can instill your values as a business owner in each person you bring into your venture.


Before you get started, be sure you understand what permits, licenses, and insurance are required to keep your business compliant with state and local regulations.

In general, most states require that businesses be registered. This involves forming your business entity, be it a sole proprietorship, partnership, LLC, or corporation, through the state government where you plan to do business. Learn how to form a business  in 6 easy steps. 

Business and professional licensing requirements vary by state, but it is common for nail salons to require both a business license and a cosmetology establishment license before beginning operations. All states require that nail technicians complete a certain number of hours in cosmetology school to be eligible for work in a salon. Your state government’s website can direct you to exactly what is required.

Finally, insurance is critical to protect yourself and your business and is required by most states. To start, it is recommended that you purchase at a minimum, general liability, professional liability, worker’s compensation, and property insurance.

At this point, you should feel confident about your business goals, your target customer, and where your business is likely to fit in the overall industry and marketplace. With these things in mind, you should be well equipped to begin considering a marketing strategy . To do so, there are a few things to consider.

How will you position yourself in the market?

With all of the information above in mind you should now be well equipped to understand where your business will fit in the market. Some questions to answer at this phase include:

The answers to these questions should be the jumping-off point to developing a broader marketing strategy to effectively reach your target customer base.

How will you get new customers?

Attracting customers is the most basic goal of a successful marketing strategy. As a direct business-to-consumer industry, your marketing will directly target your customers. To do so you’ll need to know where your customers are and how to reach them.

To start, think about which major marketing devices will work best for your business. These include:

Which of these tools you use and how you use them will depend on the results of your market research. Consider some of the following questions:

The answers to these questions will depend significantly on the demographics of your target customer. Finding accurate answers will save you a tremendous amount of time and money and get your business off the ground much more quickly.

Return Customers

Although new customer acquisition is an essential part of any business plan, understanding customer retention is absolutely critical to your success. No amount of effective ads can replace the value of building a loyal customer base that will return again and again. Return customers are also likely to provide you with word-of-mouth marketing, giving your business an additional cost-free boost and allowing you to scale back on your overall marketing expenses over time.

Customer retention is often a natural product of doing good business, but that doesn’t mean you should take it for granted. Consider your entire business plan and how each facet of it can help you build effective communication and strong connections with your clients. Staying active on social media, reaching out with new product offerings or promotions, streamlining your appointment system, and simply providing stellar customer service can all keep your clients coming back for more.


Planning ahead is critical to any business, but these plans will not come to fruition unless you have the funds to put them in motion. Before you can begin to fund your business you’ll need to have a clear picture of what you need to get started. Potential lenders and investors will want to see a solid and realistic budget before committing funds to your project.

Initial Investment

Although not exhaustive, the list and estimated cost of the items below should serve as a guide to help you write up a financial plan for your business. Speaking with other salon owners and local business owners in your area will help you expand upon this list and more accurately price each item.

Start-up Costs

The first thing to begin calculating is your start-up costs . This includes everything you’ll need to have before opening your doors on day one.

Equipment and supplies

Your initial purchase of equipment and supplies should include everything you need to set up and stock your salon. This will include:

You will also need to budget for your initial salon inventory. This includes all of the nail polish, lotions, cleaning and sanitation products, and other consumable items you will need on day one.

The cost of these items will depend on both the size of your salon and the style you’re looking to create. Manicure and pedicure stations, for example, can range anywhere from $200 to well over $1000.

Certifications and licenses

If you plan to personally provide salon services, you will need a cosmetology license. This requires completion of a cosmetology program, which typically costs anywhere from $6,500-$10,000

Salon insurance

To get the best price on business insurance, shop around for bundle options that include all of the policies you’ll need for your business. While business insurance costs vary significantly based on industry, you should expect to spend a few hundred to a few thousand dollars to get your policies up and running. CW Insurance offers a broad range of business insurance options. Request a quote . 

The cost of your marketing will depend on the nature and scope of your strategy and whether you do your marketing in-house or outsource it to a professional marketing service. You will also need to consider the cost of building your salon’s website. If you hire a professional to build your site, you should expect to spend a few thousand dollars to get it up and running. GoDaddy’s free website builder can help you get started on your own.

While not required, many entrepreneurs seek out legal advice when starting a business. If you choose to do so, be sure to include a line in your budget for legal fees. This can be anywhere from a one-time fee of a few hundred dollars to well into the thousands if you retain an attorney at an hourly rate during your start-up phase.

The bottom line

Generally speaking, those looking to build out a commercial space should expect an upfront start-up cost anywhere from $100,000 to $500,000. For those looking to purchase an existing salon, your start-up budget will likely fall between $50,000 and $300,000.

Ongoing expenses

Once you’ve gotten your salon up and running, you will face a number of ongoing expenses. You should not, however, wait until that point to plan for these costs. Your salon’s revenue will ideally cover your expenses moving forward, but you should be prepared to cover at least part of your ongoing costs over the first few months as you get your business off the ground.

Employee wages will be your biggest ongoing expense. The total cost will depend on the size of your staff and the expected wages in your area. On average you can expect to pay a manicurist or pedicurist anywhere from $16,000 to $36,000 per year. A receptionist will typically make around $23,000 per year, and managers or supervisors can make up to $39,000 annually. You should also consider what salary you hope to take for yourself initially and in the long-term.

The taxes you owe will depend, in part, on your business structure, the number and type of employees you hire, and your annual revenue. You will be responsible for both federal and state income taxes on your salon’s profits and payroll taxes for your employees. The federal payroll tax rate is 15.3%. As the employer, you must cover half of this amount, while the other half is deducted from your employees’ paychecks each pay period. You are responsible for paying the full amount to the federal government, often on a quarterly basis. If you own your salon space, you will also owe property taxes. Check out our tax affiliate  for more information. 

Rent and utility bills

Your electric, gas, and water bills will depend on the scale of your business, the type of equipment you use, and where your business is located. Unless you operate a large-scale salon with the highest-tech equipment, your utility expenses should not exceed a few hundred dollars per month.

Ongoing inventory

After your initial inventory purchase, you will need to restock your supplies on a regular basis. If you are starting your salon from scratch, it may take a few months to determine how quickly you run through your supplies, so it is important to have extra money set aside initially for this expense.

Once open, you’ll need to maintain a budget for continued marketing. This does not need to be a large expense , especially once you’ve established a solid client base and word of mouth advertising. However, it is important to budget anywhere from $500 to a few thousand dollars annually for ongoing marketing expenses.

Financial Projections

Although you are only in the planning phase of your business right now, it is important to spend some time putting together the most realistic financial projections you can manage. These projections will be especially important when you begin seeking out funding from investors and lenders. They will also help you understand how your business can meet its financial obligations while maintaining a positive cash flow.

If you have not prepared any financial information at this point, you can start by researching industry statistics to develop estimates of what the profits and costs will be for your company. If you still need assistance you can contact a local Small Business Development Center (SBDC) or SCORE , two of SBA's resource partners, through the Local Assistance tool. They are located across the country and provide free business counseling and answers.

Your financial projections should include the following:

Complete your business plan

If you’ve made it this far and are ready to get moving on making your business a reality, keep your momentum going by continuing on to our guide to developing a nail salon business .

Developing a Nail Salon

Next Step: Developing a Nail Salon

Launching a Nail Salon

Launching a Nail Salon

Form An LLC

Form An LLC

Choosing a Location for a Nail Salon

Choosing a Location for a Nail Salon

How to write a successful nail salon business plan

How to write a successful nail salon business plan

Key takeaways

Beautiful nails are a luxury that inspire thousands to indulge in specialty manicures and regular self-care. The nail salon industry generates over $8 billion each year, with manicures and pedicures among the top five beauty services that women spend money on.

If you want to tap into this growing client base, a nail salon business plan will help you seize the opportunity without the guesswork. 

In the business planning process, you will flesh out every aspect of your new business—from your services to financing. The resulting document will not only serve as a roadmap for you and your team, but it will also demonstrate your company’s potential to lenders and investors.

Learn how to write a formal business plan for your nail salon, which research shows will make your business 16% more likely to succeed . 

Executive summary

Nail salon business plans begin with an executive summary: a one-page overview of your nail salon and what makes it special. You want to keep your audience interested, so open with strengths that set you apart from the competition: impressive financial projections, a unique business model, and/or any other engaging details about your nail salon.

As with an introduction to an essay, it’s easier to write your executive summary last. With the key elements of your business plan already established, you can quickly pull the standout details for this section to capture investor interest.

Business description

Once you’ve got your audience hooked, help them get to know you better. Introduce your company with a business description that expands on your competitive advantage. What’s the thing that sets you apart from other nail salons? Maybe it’s your customer service, freestyle nail art, or your easy online booking. Include that value proposition here as well as these other crucial details:

Since nail salons can follow a variety of business models, explain how you make money (and how your team members are paid). For example, you can employ nail technicians and earn from services provided, or you can profit solely from booth rentals. For lenders, your business model is crucial for evaluating your business stability, growth potential, and more.

Business structure and management team

Manicurist showing customer gel color options

A great team can help you reach viability faster, so your readers need to know how your small business operates and who’s running the salon. Start this section by stating your legal business structure, such as an LLC or a sole proprietorship , so potential investors and lenders can take your tax obligations and liabilities into account.

Then, introduce yourself and any other owners of your nail salon, along with details about your experience, nail tech licenses or certifications, and past awards. This is your chance to tell readers why they should trust you to run your own business. If you don’t have direct experience working in a nail salon, you can mention business or cosmetology degrees, as well as other achievements relevant to your role.

If you’ve hired any management team members, highlight their roles and experience as well.

Nail salon services

Nail salons offer a wide array of services, from gel manicures to nail repair. While your readers may already have some idea of what you offer, explaining your full range of nail services clarifies how you compare to competitors.

In this section, list every service you offer, along with a price list, time estimates, and any included services (such as a brief massage after a pedicure). Explain what happens during each service, as well as the products your nail techs use—for example, the types of polish available for a standard pedicure.

If you offer any packages, sell products on a regular basis, or provide services that no other local salons do, include those here.

Market analysis 

As a nail salon owner, you should demonstrate expertise in market and industry trends. Include insights from your research here, including:

After this analysis, explain how you’ll take advantage of these untapped opportunities and overcome any challenges. For example, you could be the only local business with social media-famous manicurists, or you might target a rising segment of health-conscious consumers seeking nail salons that use non-toxic or organic products.

Marketing plan

Nail salon business plan: Woman getting her nails done

Your salon marketing strategy can make or break your business. Even if your salon primarily earns from booth rentals, you need a consistent flow of new clients and loyal customers coming through your doors. Use this section to describe the channels and strategies you’ll use to reach your target market. For each strategy, explain your key performance indicators (KPIs), or the metrics you’ll track to ensure you’re meeting your marketing goals.

For example, consider the following nail salon marketing strategies:

Your marketing plan should also outline your marketing budget, including how much you want to spend on marketing collateral, ad campaigns, contract labor, and more.

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Promote your business to local customers.

Financial plan

As the final section, your financial plan serves two important purposes: helping potential investors gauge your business viability and helping you make sound financial decisions for the next five years.

Start your financial plan with a detailed breakdown of your expected costs. If you’re opening a new nail salon, list one-time startup costs, like nail salon equipment, furniture, business licenses, and down payments. Then list monthly operational expenses, such as rent, wages, salon software subscriptions, supplies, and marketing expenses. Include a budget for miscellaneous and unexpected costs, like shop repairs or equipment upgrades.

Once you’ve outlined your costs, show your readers how your salon will stay in the green and grow over time. With the help of a financial analyst or accountant, mock up realistic cash flow statements, income statements, balance sheets, and other financial projections that show your potential.

Polishing up your nail salon business plan

A nail salon business plan sets you up for success and helps you unlock new opportunities—from outside funding to professional partnerships. Taking the time to hone your competitive advantage, research your market, and create a financial plan will also prepare you for any obstacles as you move toward a grand opening.

Ahead of the big day, take the next crucial step: selecting a pricing strategy for your nail services.

The information above is provided for educational and informational purposes only. It is not intended to be a substitute for professional advice and may not be suitable for your circumstances. Unless stated otherwise, references to third-party links, services, or products do not constitute endorsement by Yelp.

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Appointy Blog

How To Write The Perfect Nail Salon Business Plan (Free Template Inside)

A woman painting a client’s nails at a nail salon

When one decides to start a business venture, the first thing one focuses on is potential income. And a little birdie told us you were considering opening a nail salon. 

Right off the bat, we must say you have great taste, going by your choice of industry and our blog. Let us provide you with an all-essential fact – The average nail salon industry earnings were estimated to gross $287,000 in revenues , with a 17% profit margin . So opening a nail salon might be a lucrative venture for you after all.

But how do you make sure your salon turns a profit consistently? The answer is – by writing a solid nail salon business plan. 

Not only will such a plan make your nail salon easier to establish, but it will also equip you with the right tools to succeed in the industry. And the best part? Our step-by-step guide with a free downloadable template will make your job even easier!

We sincerely hope you keep making great choices and read on!

Going back to the basics

Before we delve into the planning, let us first discuss what a business plan truly is. Don’t think of  it as a ton of documentation headache to get over with. Rather, think of it as a blueprint. In the hands of a talented architect such as yourself, that blueprint builds the foundation of your business.

A nail salon business plan lays down a roadmap for your salon from marketing, business development, and operational standpoints , by defining its various aspects in detail. It also includes a business summary, talking about the aims and objectives of the nail salon for the future.

So why do YOU need it? 

Now that we understand what a business plan truly is, let us establish why it is important. This documentation is essentially a doorway between the past, present, and future. 

Sounds far-fetched? Give us a chance to explain.

Did our extensive reasoning convince you? 

Essentially, by creating a detailed business plan for your nail salon, you are capitalizing on your strengths and giving yourself a competitive edge . So it is imperative to business success, for a salon or any other enterprise.

And this entire blog is structured to be a business plan template for a nail salon. Maybe, made just for you!  

What to include in a business plan

So what goes into this big plan we keep talking about? Listed below are the elusive parts. Read on to find out!

Getting started with market research

Getting down to business planning, getting a marketing plan underway.

Creating an appendix

Compiling your detailed business plan.

Understanding your market is an essential part of starting and maintaining a successful business.

You have already begun your market research, you just didn’t know it (or maybe you did?). By looking up your prospective income, and even settling on the idea of creating a business plan for your future nail salon, you’re on the right track.

In this section, we will talk about conducting market research a bit more systematically.

Before we begin, let us introduce you to a fictional nail salon – ‘ ABC’s Nails ’. It will serve as our case study, to follow their journey of creating a business plan. 

So far, for our convenience, they have finalized just their name. In the course of this blog, ABC’s Nails will go on to become a full-fledged nail parlor (on paper, of course). So let us write this nail salon business plan example together. 

Customer selecting nail polish from sample

Analyzing the industry

Keep in mind that we’re writing for ABC’s Nails right now. The first step for us in analyzing the industry is looking up the market trends. According to –

This information collected for ABC’s Nails will help us understand opportunities for growth as well as prepare us for any slow days. 

We quickly document all this information under the industry analysis of our nail salon business plan and move to the next step.

Defining the target customer (base)

Now that we’re armed with the data about the market for ABC’s Nails, we look for possible customer segments. 

An excellent way to approach this step is to create a profile or a persona of your customers. A customer persona is a semi-fictional representation of your ideal customer(s). They’re usually created by interviewing various potential customers, and charting their information together. 

To build a persona, consider their – 

The below listed persona is from the nail salon business plan sample pdf that we’ve been creating for ABC’s Nails.

Description of target customer of nail salon

By creating multiple such personas, you ensure that you design your nail salon keeping all your customers in mind. This will be helpful in drawing up a marketing plan in later stages as well. 

Again, we will add these customer insights in the respective tab in our business plan. 

Doing the competitor research

Now ABC’s Nails may be prepared to accommodate their future customers’ wishes but how will they contend with their existing competitors?

By doing competitive research, of course! The answers to these questions can be filed directly in our report – 

The answers to most of these questions can be found by looking at their websites online, or even physical directories. 

To compile all this information, ABC’s Nails plans on using a table to add clarity to their information, as shown below, but you can choose to use paragraph formats as well.

Nail salon business plan competitor research example

Our nail salon’s business plan is well and truly underway. The next part will help us sculpt the structure of our future business. 

Writing a mission statement

The first and foremost task for ABC’s Nails is defining our aims and goals for the business. A simple yet precise way to do so is by –

Nail salon business plan mission statement example

Once the mission statement is complete, be sure to append it to the growing, new nail technician business plan. 

Selecting the products and services to offer

Once a general idea of the nail salon is created in the mission statement, the next step is to create lucrative services and select the right products to offer.

Tip: Make sure while selecting products you cater to both – your customer as well as your own values. 

ABC’s Nails is planning on offering a few basic selections as follows – 

This newly created list goes straight into the business description for a nail salon.

Nail polish displayed on shelf of nail salon

Setting the right prices

Now that the products and services are decided, we focus on setting the right pricing for the salon. Before setting the exact prices, we check –

Of course, certain personal factors are in play as well. Let’s say you plan on taking only a few customers per week and providing them the highest quality service. Also, take into consideration that you will be working only from 11am – 7pm on weekdays.

In such a scenario, we imagine your nail menu charges would be leaning more towards the higher end of the spectrum, such that your business turns a profit in the limited time you have available. 

Once a catalog is prepared, it is also stored in the business plan we are compiling for ABC’s Nails. 

(Sorry, no photo here. We don’t want to give away all our secrets after all 😉)

Choosing a location

The space we select for the salon will have a big impact on the overall business. Not only will it affect the spending but also the business goals and aesthetics. 

Initially for our pride and joy, ABC’s Nails, we consider the following options –

Additionally, we have to keep in mind various factors that can affect our choices –

With these factors in mind, we went ahead with scoping out possible (albeit imaginary) locations and adding them to the plan. 

Getting the licenses and insurance

Registering your business is considered to be an essential step in business activities. It requires forming the business entity and registering the business through the state government. 

Below we compare the various types of businesses you can register as: 

Table of comparison for the different types of businesses

Source –

Along with a business license, it is common for nail salons to require a cosmetology establishment license before beginning operations . 

Once you have acquired your licenses, make sure to store them safely. If you wish, you could add a copy to your business plan doc as well.

Calculating the startup cost 

Now that the business processes have been dispensed with, it is now time to plan the budget for your nail salon. You can refer to the below estimate table we have prepared for ABC’s Nails. 

Estimated nail salon startup cost table

Thus, an estimated minimum cost of $3,690 is found for ABC’s Nails . Depending on your location and other factors, your costs might be higher or lower.

Creating financial projections

A crucial part of any business plan is its financial projections. It shows the tentative spending as well as the estimated growth for the nail establishment. 

Now that we have prepared both the revenue (or pricing) sheet and our spending (or startup cost) sheets, we analyze them together to be included as the nail salon financial plan. 

Many small businesses close within the first couple of years of opening , as their spending is higher than their income. 

We are preparing to avoid such a situation for our nail parlor, by creating the following charts to be included in the free sample business plan for ABC’s Nail salon-

This brings us to the end of our business planning section. Next, we tackle our marketing plan for ABC’s Nails.

This plan of ours is shaping up nicely. Good job, us! Now we move on to planning the marketing aspect to round up our plan.

Fashionable woman with acrylic nails

Defining the market positioning

From ABC’s Nails mission statement and customer personas, we are clear on who we wish to cater to in terms of the customers. So now we define where we stand in the market. 

Once we pen down the answers, we will be well equipped to understand where our business will fit in the market, and develop a marketing strategy effectively. Of course, we will be adding our answers to the business plan doc.

Brainstorming strategies to attract customers 

Attracting customers is the most basic goal of a successful marketing strategy. As we start our business, our aim is to draw the attention of potential customers to our business and bring them in.

A few examples of such strategies are:

If you want to read more, take a gander at our other informative blog – nail salon marketing ideas . 

Deciding the platforms to advertise on

As a direct business-to-consumer industry, your marketing will directly target your customers. You need to know who your customers are (the personas you created, remember?) and how you can reach them.

Before choosing our advertisement channels, we ask the following questions:

Based on these questions, and matching the answers with our customer personas, ABC’s Nails arrives at the conclusion that we will choose to advertise on – 

As per usual, we make sure this has gone into our business plan.

Customer retention planning

Now, attracting customers is one thing, but retaining them requires building effective communication and strong connections.

Our favorite Nail Salon – ABC’s is planning on following this motto –

Loyal customers = Ambassadors 

This means we’re going to be offering loyalty programs – a discount for customers who refer other customers. (We will quickly go and tweak our marketing budget now.)

Along with this, methods to retain customers can be 

which can keep your clients coming back for more. 

How do you streamline appointments, you ask? Well, simply by using a nail salon scheduling software such as Appointy , especially built to cater to the needs of a nail tech such as you. By investing in such an affordable software option you :

What’s more, is that you can integrate with RwG and provide a ‘book now’ button to nudge viewers of your salon’s page to take action and become your clients!    

So what are you waiting for? Explore our nail salon software today .

Getting to operations planning 

Yay! This is the second to last part of the business plan that you need to complete. Keep going.

Joyful nail techs servicing happy customers

Hiring employees

Unless you plan on operating a mobile nail parlor, you will need to hire a couple of employees. (However, our template still stands valid as a mobile nail salon business plan, if you wish to keep following it)

The hiring for ABC’s Nails will be done on the basis of these questions –

Based on this, we require at least 2 more nail technicians, who we will be able to pay well.

While interviewing, you can

Setting up a training plan

This will be an integral part of your nail salon’s success, as your employees will interact with your customers on a daily basis. What can we do to make sure that our service is on point? These steps –

Having a plan in place well ahead of time will help you train your employees properly, even in the busiest of times. 

Linking the tech

In the 21st century, it is imperative that you fulfill the demands of all your customers – including Gen Zers. And they want the latest technology.

Setting up an Appointy booking page is very easy. As you can see in the below example, Covered Nail Bar is offering its customers a wide variety of services to choose from. 

business plan salon manicure

Preparing an expense report 

When you are running a business, you are in charge of paying all the bills – 

Filing away all these and then manually adding them to your balance sheets can be a laborious task. So using a fixed template each time will ease your burden greatly. You can choose to create your own spreadsheet or use one of these example templates . 

Once you have your expenses entered, you can use the inbuilt functions of your spreadsheet to import them to your final balance sheet. 

You are nearly at the end of creating your nail salon business plan. 

Now what’s left is linking relevant supporting documents such as-

and any overhead costs or documents to your main business plan. 

Essentially, by attaching such documents, you are solidifying your business venture and its proposal and showing that your business is indeed ready to be launched! 

The end of this section marks the end of four main parts of the nail salon business plan.

Freshly manicured nails

Now that the grunt work has been dispensed with, it is smooth sailing ahead. Just one small, but rather important task and a shiny, new nail salon business plan will be ready.

Writing an executive summary

We are armed with all the information we could need about the nail salon we are establishing. What better time to write an executive summary than now?

In the summary, briefly tell your reader 

If you were planning on submitting this report to secure funding, you should also include financial information and high-level growth plans. Just make sure that the summary does not exceed more than 1-2 pages!

Attach it at the very front of your business plan and you are all set. 

Download the free nail salon business plan template!

Detailed and yet aesthetically pleasing, type in or print out to write in our professional business plan template today.   

Hearty congratulations are in order! After all, if you were working along with us, you are now the proud writer of a shiny new nail salon business plan . And even if you were not writing, we are sure you can go back to the beginning and follow along the next time. 

We covered the basics of writing a business plan for a nail salon in this blog. If you want more information on the basics of opening a nail establishment, we recommend you go through our other blog –  How to Open a Nail Salon .

We wish you the best of luck in your new endeavor!

About Appointy We at Appointy, help business owners grow and run their businesses with our online scheduling software. This blog was a part of our ‘Manage your Business’ category, where we provide expert tips, and resources, or simply talk about the challenges that small and medium businesses face every day.  If you have any thoughts on this blog or would like to chat about your business struggles and achievements, let us know in the comments below.  We love a good talk!

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Table of Contents

What is a Nail Salon Business Plan?

Document Info

Nail Salon Business Plan

Nail salon business plan form.

A nail salon business plan form helps you write out how you plan to start, run, and market your business. It is a roadmap to your success. If you plan to seek out funding for your nail salon, you'll want to ensure that you complete the financial portion, the marketing portion, and clearly explain the services you'll provide and how you'll stand out from the competition.

Nail Salon Business Plan: What Is It?

Free Nail Salon Business Plan

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Business Proposal

Business plan, sample nail salon business plan.

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  2. Ultimate Nail Salon Business plan for 2021 + Tips for success

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  3. Nail Salon Business Plan Template Package

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  5. Ultimate Nail Salon Business plan for 2021 + Tips for success

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  6. 😀 Free salon business plan template. A Sample Nail Salon Business Plan Template. 2019-02-12

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  1. Nail Salon Business Plan Example + Template (2023)

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  2. Nail Salon Business Plan Template & Guide [Updated 2023]

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  3. Salon Business Plan Template & Guide [Updated 2023]

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  5. Nail Salon Business Plan [Free Template]

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    During the first phase of your business planning, you spent some time considering what type of salon you hope to open and who it will cater to. At this phase, it is time to deal with the specifics. An excellent way to approach this step is to create a profile or persona of your ideal customer.

  15. How to write a successful nail salon business plan

    A nail salon business plan sets you up for success and helps you unlock new opportunities—from outside funding to professional partnerships. Taking the time to hone your competitive advantage, research your market, and create a financial plan will also prepare you for any obstacles as you move toward a grand opening.

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    A nail salon business plan lays down a roadmap for your salon from marketing, business development, and operational standpoints, by defining its various aspects in detail. It also includes a business summary, talking about the aims and objectives of the nail salon for the future. So why do YOU need it?

  17. Free Sample Nail Salon Business Plan Template

    A nail salon business plan form helps you write out how you plan to start, run, and market your business. It is a roadmap to your success. If you plan to seek out funding for your nail salon, you'll want to ensure that you complete the financial portion, the marketing portion, and clearly explain the services you'll provide and how you'll stand out from the competition.

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