Here at Koko hair, we are passionate about providing hair extension specialists the most affordable and high-quality hair around. Hair extensions are becoming increasingly popular and lucrative as business ventures. Here we will look together at some tips for growing your hair extension business.
Plan – First things first a business plan is imperative for success especially if you are looking for lenders or other businesses to join you. You need to have a clear indication of how you expect your hair extension business to work and outline your projected income and expenditure in detail.
Fund – The next crucial step is the funding. This may need to cover any courses, to set up a space to work, for initial stock you will need etc. It is important to know where your funding will be coming from to avoid any panic.
Train – You will need to be qualified to fit and supply hair extensions before you start and your will need recognised accreditations for this to enable you to be insured. Always research your trainer and remember cheapest is usually never the best. If you chose the right trainer, they will also provide the tips you need to be a success in the hair extension industry.
Build client base and relationships – This is the most important you need to ensure your client relationships are strong this is to ensure repeat business and good word of mouth. Your clients need to be treated like they matter. Another point to make is that clients often open up to a hair specialist so be trustwrthy and confidential at all times.
Branding – Creating a brand is really important it is how you are recognised as a serious business. It will show you are professional and make potential clients recognise you Marketing a brand will ensure your business is knwon to people which in turn hopefully will help to increase your client base.
Be organised– Organisation is key, make sure your diary is up to date as this can lead to appointment errors. Organisation of your books is also important to keep check on how profitable the business is.
Revisit plans – If things dont seem to be going as straightforward as you expected look back at your plans, revisit them, rework your ideas and try again Remember Roma wasn’t built in a day.
If you are looking to set up a hair extension business or you are an existing hair extension business we would love to hear from you as to how we can work together to take the hair world by storm.