It is fairly easy to find a place to booth rent and start your new esthetics business, but it is not so easy to run a successful business. New businesses open every day, and many of those businesses fail within the first year. If you are contemplating running a private practice esthetics business it is imperative that you create a business plan.
You need a plan for direction; to help you determine your budget; and you can work out any quinks before you invest money into the business venture. Doing a business plan is an eye opener, and if you are applying for funding from a bank it is a necessity.
Many people think they can and should open up a new business simply because they have the passion and love for the career, but that will only take you so far. If you can't do a business plan on your own, go to a local business college and ask the business students to help you. It will give them experience, and you can probably get the services for free. Another great resource is the SBA (Small Business Association) these folks are wonderful volunteers, who help people seeking to open their own businesses follow a viable path.
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