1. Get your cosmetology license for your hair salon. You’ll need this certification to open your hair salon and present to your local clerk at the clerk’s office in your city or county. Beauty schools are inexpensive and has financial aid assistance available. To obtain your cosmetology certification, you’ll need at least 120 classroom and training hours. Check in your local area for beauty schools that are open for enrollment.
2. Look for ideal places to open your hair salon. An ideal place for a hair salon is an area that has heavy traffic [car and by foot] like a shopping center or plaza. Your hair salon should be visible to all people. Check in your local area to see what’s available. Be sure you’re able to set up dryers, washers and stations in the hair salon. Have an inspector evaluate your potential hair salon for hazardous leaks and damages. The inspector will document everything that needs repairs. Don’t sign any leases or agreements until all repairs are made.
3. Apply for small business loans and grants to open your hair salon. Check in your local area and meet with advisers of non-profit organizations like the Small Business Administration and SCORE. Have them help you prepare your business plan you’ll need to present to loan managers to be approved for a small business loan. Apply for federal grants to help receive funds to open your hair salon.
4. Sign the lease agreement for your hair salon. Be sure the inspector has double checked all repairs and everything has been bough up to code and standards of your city and state. Once you sign your lease agreement for your hair salon, go to your local city or county’s clerk’s office to obtain your business license and fictitious name for your hair salon.
5. Visit the IRS website to apply for your Employer Identification Number. You’ll need your hair salon’s business name and social security number. After submitting the IRS-Form SS-4, you’ll receive your custom EIN immediately after wards.
6. Hire your staff to open your hair salon. All your staff members must have a cosmetology certification besides the receptionist. You’ll need a copy of your staff’s certification to prove they’re qualified to work in a hair salon. To start your hair salon, hire an assistant manager to run your hair salon on your days off. The assistant manager should be dependable, have a flexible schedule, trustworthy, honest, certified and follows directions of the owner like making weekly schedules, meetings, deposits and appointments.