In 2022, the spa market size was estimated at USD 54.6 billion and is predicted to grow up to USD 168 billion by 2032. It’s obvious that people are growing more conscious about self-care and wellness, creating a wonderful opportunity for future spa owners.
However, you need careful consideration, planning, clear market understanding, and attention to detail to make this endeavour a success and earn profits.
If you’re wondering what that includes, dive right in to know more!
1. Plan the service list
Figure out what services you want to offer, including massages, facials, full-body treatments, steam baths, aromatherapy, nail care, hair removal, and so on.
You can start with the most basic services or add high-end options. Some uncommon treatments include acupuncture, Reiki treatments, and hot stone massages. Identify which services you can provide the best with your resources.
2. Identify the target audience
Pinpoint who you want to serve primarily and who usually opts for the services chosen. Based on these details, build your spa layout and promote it.
Consider their gender, age, residence locality, and average income. Furthermore, think about whether you want to serve individuals, groups, or couples.
3. Register the business and get permits and license
Create a solid business plan outlining the target market, business goals, and budget. Register the business with the right authorities and trademark the salon name.
Especially if you plan to provide clinical treatments, including Botox, dermal implants, or laser hair removal, apply for licenses and permits.
Additionally, get liability insurance to protect the business from any risk.
4. Invest in equipment and necessities
Depending on the type of services, identify which equipment you need. Some common spa must-haves are:
- Massage tables
- Facial beds
- Manicure tables
- Pedicure chairs
- Hydraulic chairs
- UV nail dryers
- Wax warmers
- Steamers
- Foot baths
- Towel warmers
- Music systems
Here’s a list of luxury spa equipment:
- Hydrotherapy tubs
- Aromatherapy chambers
- Digital nail printers
- Skincare analysis tools
- Infrared saunas
- LED light therapy machines
- Microdermabrasion machines
Identify which equipment you need immediately and calculate how much funds are required. If you don’t have enough, need to get a cosmetic equipment loan from well-reputed financing solutions.
Compared to traditional bank loans, you won’t have to dig up a ton of documents for it. Instead, the procedure is pretty fast and doesn’t depend on your bad credit scores!
5. Choose the right location
Select an ideal location that the target audience can reach easily. Ensure the locality is accessible via most communication modes.
Choose a layout with an entryway and waiting room. The private space where you provide each service must be of appropriate size.
6. Start hiring
Your spa staff will represent your establishment, so find nothing less than the best people. Other than being amazing at their job, they must also have a pleasant vibe and be caring toward clients’ needs.
After shortlisting a candidate, convey their roles and responsibilities. Once they join, train them according to your spa’s needs. You must also update their skills from time to time.
7. Choose appropriate software
Invest in an easy-to-setup POS payment processing system that clearly shows the pricing. It must accept all kinds of payment methods, including debit and credit cards, mobile payments, EMV chips, etc. It must also have a swift processing system and top-notch security measures.
Alternatively, you can also use POS software for appointment booking, team management, and marketing.
Some POS systems also integrate with online scheduling tools. This helps customers check which staff is free and at what time they can book appointments.
Moreover, these are great for quick access to sales reports, inventory management, getting customer feedback, and discount customization.
8. Start promoting your spa
Build an online presence on the most popular social media platforms. Ensure you have a remarkable and original logo and signage.
Promote your spa business via social media, email, and text messages. Register the business on Google Maps to help customers find your establishment. Build a business website so prospective customers can learn more about your offering and prices.
Host a phenomenal opening event to create buzz about the spa. Offer special discounts, promotions, and giveaways to first few clients to encourage more business. To retain clients for a long time, implement special strategies like loyalty programs.
Conclusion
With these steps, you can smoothly open your spa without any hitch. Once that’s done, focus on providing quality services and create a big name by making your customers feel their best!
