Friday, August 6, 2010

I am looking into opening a spa, would does one need to run a successful business??

-First of all do a detailed business plan, there are plenty of free websites to help you in all areas.


-Costs are going to be huge, aslo you will need a large staff for a full spa.


-Check out your competion, less competitors better for you(do plenty of market research)


-Offer something unique to your customers(this way they will always come to you)


-A good accountant that you can Trust!


-Be ready to work very long hours for your own business, but your job satisfacation will be huge since its for you


-Never let the customers see any negativity in your business even if there is some, and there usually is


-The beginning months and or years can be really difficult.


-Try and find investors or apply for a grant if you don't personally have the cash flow, better than a bank loan


-You should have enough cash flow to cover one year of all exspenses


The spa business is booming right now, wish you tons of luck!!!I am looking into opening a spa, would does one need to run a successful business??
Well you first need a well thought out plan! I think 90% of new businesses fail. I know that sounds a little discouraging. My father has had a lot of businesses and has been successful. All of his businesses he has owned were previously owned by someone else. You may look going into that route.I am looking into opening a spa, would does one need to run a successful business??
A good accountant
A spa is an expensive proposition. U need deeeeeep pockets or a hefty loan. Banks will provide the loans provided u have a detailed project report and a good location where u can get well heeled clientele.
that would be a business that required a huge outlay of money to start, a pool a building that allows you to build a pool, hot tubs, the constant health checks required, towels, chairs , tanning beds, make up and all that stuff, robes, showers, not an easy opening, say over a million just to get it open, and then you dont know if it will work, you need trained massage therapists, with tables and licenses, hair dressers, nail people, make up artists, wow, thats a hard one to start with.

No comments:

Post a Comment