Are you planning to kick start your own eyelash extensions business but don’t know from where to start? If yes, here is the guide for you on how to start a lash extension business. We at Whiplash Perth started this business and have been successfully running it. Here, today we are going to share a few steps you need to follow if you want to establish a successful eyelash extension business. Although there are no particular number of steps that you need to follow for this, still, if we come to discuss it, here is what we would like you to check.
i) Market Research
Since lashing is a new industry, it is essential that you do your market research first. Remember every state and country has different requirements. This is why it is essential that you know whether the area you are planning to start this business will actually buy it or not. In addition to that, the market research will also let you know whether you need a cosmetology or esthetician license to operate your business or not. For this, the best way is to contact the licensing board and find out about all the formalities.
ii) Know your income goals
The second thing that you need to do before starting your own eyelash extension business is to plan for income. With a proper plan, you can have realistic income goals before you start your business. Here are a few things you need to find out for that -
Plan out the income chart (service rate card)
Find out and plan the estimate of each of these and you will have a good income plan for your business. These calculations will help you see if the business you are planning is going to generate profit or not.
iii) Learn the art
Once you have run the numbers and know that your business can be a success and you have made up your mind to start it. All you will have to do is learn the art of lash extension. Learning the skill is very crucial to run a successful business. Always choose a reputable place to learn the skill as it will increase your authority and of course, you will be learning from the best.
iv) Final Setup
The last thing that you need to do is set up a studio. Remember the studio is the first thing that a client will notice and therefore, it is vital that the studio is a good reflection of your brand. While deciding on the studio interior and location, you need to keep the client’s comfort as a priority.
In the end, we would like to say that the eyelash extensions business is a very new business and therefore, can be a bit risky. But if you have done your research well and know that the place you are setting your business has the potential for growth, you might also set a monopoly in the industry, So, what are you waiting for? Start the eyelash extension business now.