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Growing your salon can be an exciting time. It means you\u2019re ready to take on a bigger space, hire more stylists, provide more services, or all of the above. But how do you know which direction you should go for your expansion? Well, first you\u2019ll need to look at the 7 ways to grow your salon, decide if the market value is there for those new services, and then implement them. Let\u2019s start at going over new services that you can provide to your customers.<\/p>\n
Add New Services<\/strong> Offer Bundled Services<\/strong> Expand Your Retail Products<\/strong> Don\u2019t Forget About Upselling<\/strong> Add More Stylists<\/strong> Offer a Rewards Program<\/strong> Add a Referral Program<\/strong> After reviewing these 7 ways to grow your salon, if you think this is the right time to grow your salon, we\u2019re here to help. Many of these expansion projects will require an initial investment in order to get the return you are looking for. Contact one of our experienced loan consultants today to see what type of loan will best fit your salon\u2019s needs. Or, if you\u2019re ready to get started now, you can receive an offer\u00a0 by completing our online application. There\u2019s no obligation to borrow and no hard credit pulls when you complete your application. After you receive your offer, your assigned loan consultant will contact you to go over your options and help you make the best loan selection.<\/p>\n","protected":false},"excerpt":{"rendered":" Growing your salon can be an exciting time. It means…<\/p>\n","protected":false},"author":13,"featured_media":36298,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","om_disable_all_campaigns":false,"footnotes":""},"categories":[688],"tags":[701,398,402,400,399,443,386,578,535,220,213,345,116,173,536,117,597,594,516,401,224,222,172,226,142],"class_list":{"0":"post-36297","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-hair-salon-financing","8":"tag-7-ways-to-grow-your-salon","9":"tag-affordable-business-loans","10":"tag-affordable-small-business-growth","11":"tag-business-expansion","12":"tag-business-growth","13":"tag-business-line-of-credit","14":"tag-business-loans","15":"tag-covid-19-pandemic","16":"tag-equipment-leasing","17":"tag-flex-pay-loans","18":"tag-line-of-credit","19":"tag-restaurant-expansion","20":"tag-restaurant-financing","21":"tag-restaurant-funding","22":"tag-restaurant-leasing","23":"tag-restaurant-loans","24":"tag-restaurant-reopening","25":"tag-restaurant-reopneing","26":"tag-restaurant-trends","27":"tag-small-business-expansion","28":"tag-small-business-financing","29":"tag-small-business-funding","30":"tag-small-business-growth","31":"tag-small-business-loans","32":"tag-working-capital"},"acf":[],"yoast_head":"\n
\nWho doesn\u2019t love a spa day? Adding spa services like massages, facials, or manicures and pedicures will give your clients more opportunities to relax while enjoying their \u201cme time\u201d and also spend more money. It\u2019s a win-win!<\/p>\n
\nIf you\u2019re not ready to take on adding more services but want to provide more for your customers, you could partner with a local spa to provide bundled services. Going in partners will allow you to bundle your services with the spa and depending on how you work out the partnership, you could receive a percentage of the partner\u2019s sales.<\/p>\n
\nProviding the usual hair products that you use on your clients is expected when you open a salon, but have you thought about expanding the retail side of your business? Loyal clients love to show their support for a business by purchasing branded merchandise. It also gives you free advertising when they wear it. You can also provide specialty towels, face cleansers, make-up products, nail polishes, basically anything beauty related to give your customers more convenient access to these types of products while at your salon.<\/p>\n
\nAdding more products to your salon won\u2019t do a lot of good unless your staff is properly trained to upsell them. Provide training sessions for your staff to ensure they know everything they need to about your products and how to properly recommend the right ones to their customers.<\/p>\n
\nAdding more hair stylists will allow you to expand your business even further. The more stylists you have, the more customers you can see in a day. But, depending on the amount of space that you have, this may or may not require a larger building. If you don\u2019t have the funds available to find a larger space, this may not be the best expansion option for you at the moment.<\/p>\n
\nThere are ways you can grow your business without having to move locations or add more staff. Adding a rewards program is a simple way to encourage your customers to come back more often. Points from a rewards program could be redeemed for free services, reduced prices, or even free products. Give your customers an easy way to track their earned points by providing cards to stamp or keep everything virtual and create an account that they can log into to see how much they\u2019ve earned.<\/p>\n
\nOne of the biggest compliments a stylist can receive is a client referring a friend to them. So, encourage these referrals by adding a referral program that will give your loyal customers an incentive to boast about your amazing services and bring in more customers.<\/p>\n