Tune in to hear Carissa Lawlor, Owner of hŌm Salon

share the steps she took to open her salon!

KEY TAKEAWAYS:

-- Have a vision for your salon!

-- Understand and create systems to ensure a consistent client experience and staff experience!

-- Look around, geographically, close to where your clientele is

-- Find a commercial real estate agent

-- Look at different spaces

-- This helps figure out how much space, chairs, and other locations specific details

-- Simultaneously, start talking with banks for loans (ask your real estate agent)

-- Each space will require something different in terms of construction, lease terms, security deposits, etc.

-- This may require an architect and a contractor

-- Also, do not forget a lawyer to go over lease agreements and contracts!

-- All this will happen at the same time and will feel crazy!

-- Work with contractor, lawyer, real estate agent, Small Business Administration, and your bank

-- Package all the construction, vision, financials, etc into a business plan to get your loan!

-- This is a very capital-intensive process, you will need a decent chunk of money; SAVE SAVE SAVE

-- BUILD GOOD CREDIT

-- We now run a Team-based concept where everyone does everything from cleaning to checking out to doing hair!

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