The beauty industry is booming! According to Quikstone Capital, the salon industry is expected to outperform the United States general economy over the coming years. No matter if you're a salon owner, commissioned stylist, or independent stylist, there are real opportunities for you to increase your annual income.
Let’s be honest, being a stylist can be super rewarding. You get to be creative on a daily basis, build relationships with your clients, and use your skills to really impact the way they feel about themselves! But, are most professionals reaching their full financial potential?
In honor of Earth Day, we wanted to share a few tips that can easily be applied to your salon and make a big impact on the environment. As philosopher Edmund Burke once said, “Nobody made a greater mistake than he who did nothing because he could do only a little."
According to Salary.com, the average US hairstylist’s income within their first 1 to 5 years of work will only increase by 3 percent. And from 10 to 15 years, their income is virtually static! This is both alarming and shocking, because professionals in the beauty industry have more direct control over their annual revenue than many other professions.
Did you know that the beauty industry creates 877 pounds of waste every single minute? What can salons do to minimize their impact on the environment? We've partnered with Green Circle Salons to spread the word on sustainability.