Are you an expert on skin care? Then you may want to consider starting an esthetician business of your own. Succeeding in this endeavor will allow you to have financial freedom and stability. Just remember that it also takes a lot of work, especially in the beginning. You will have to use a lot of money to fund the enterprise. Here are a few of the biggest expenses:
Before you can practice as an esthetician, you will have to take a beauty school esthetician course. Tuition may set you back anywhere from $3,000 to $10,000. The length of time will depend on the requirements of your state. Most states typically mandate about 1,500 hours. Don’t go to the cheapest school you can find. Instead, treat it as an investment. Attend an institution that can provide you with the advanced skills needed to compete in the industry such as the multi-awarded Evergreen Beauty College.
Esthetician Business Registration
Once you have mastered every technique, then it’s time to set up shop. You will have to register your business with the local government. If you have never owned a business before, then ask for advice from knowledgeable friends and family. Getting the services of a lawyer will also be of immense help and, there are plenty of legal matters that will need attention. Be sure to acquire your license before commencing business operations.
Estheticians are lumped among health and wellness professionals in terms of insurance. Liability coverage is a must for all businesses. Extending this to include malpractice coverage is a good idea, especially in this field. Life and health insurance may also be required depending on the laws of your state. It is difficult to come up with figures for insurance as there is so much variance among different regions. What’s certain is that the premiums will be cheaper if you are able to qualify for small business health insurance. The local chapter of the National Cosmetology Association can provide assistance.
Site and Equipment
You may rent a commercial space or remodel part of your house and operate from there. Then you will have to equip it with chairs, lighting, drawers, racks, mirrors and more. After that, buy the salon supplies like shampoos, conditioners, treatments, coloring, and other chemicals. Your intended services will determine the things you need to buy. For instance, facial steamers cost as little as $60. Microderm abrasion systems are much more expensive at roughly $2,000.
Once everything has been set up and ready to go, then you are ready to welcome your first customers. Spread the word about your business through multiple advertising channels to reach a wide audience. Hand out business cards at gatherings and flyers near your site. Lastly, create a professional website and talk about what makes your esthetician business unique.