Going Solo & Building a High-Value, High-Profit Hairstyling Business

Thinking of going solo? Or, perhaps you’ve already made the leap. Welcome to the new hairstyling marketplace: Already, booth rentals make up half of the salon business. Half!

The thirst for greater flexibility and control over where, when, and how you work is driving more and more hairstylists into an independent business. Smart move, if you ask us.

But, hey, we’re not alone in that opinion. A growing number of studies indicate self-employment is on the rise and will make up 50% of the workforce by 2020 (that’s right around the corner, if you think about it.)

  • What’s driving hairstylists to leap into self-employment?
  • What will that new market look like?
  • And how do you compete on value, not price, so you can blow past cheap competitors?
  • Finally (and just as important), how do you create a high-profit business without being weighed down by admin tasks and other “sucky” parts of business ownership?

Check out the infographic below for a healthy serving of bite-sized facts to help you understand where the industry is today, where it’s going, and how you can capitalize on these shifts.

Hairstyling Business infographic

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Michelle Guetersloh

Michelle Guetersloh

Hairstylist Consultant at Michelle My Stylist
For some, hairstyling’s a job. For others, it’s a passion: an innate gift that lights them up and drives them to outperform and overdeliver. Michelle G. is definitely the latter.

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