Why 2017 is the perfect time to start a hair and beauty business

86% of hair and beauty entrepreneurs report business is booming, with higher revenues and more customers...

Today’s release of the annual Beautiful Britain report brings great news for those looking to start a hair and beauty business, with almost half of industry professionals having reported increases in turnover and customer numbers in 2016.

Perhaps owing to this, 86% of respondents said 2016 was “a good year for their business” – a 10% increase from the previous year – and 90% said they have not been impacted by the Brexit vote.

Collated by Sally Salon Services, the report was based on a survey of more than 2,500 hair and beauty professionals and 2,000 UK consumers.

See more: 6 things you should know if you want to start a beauty brand

The report suggests that customers are now willing to spend more than ever on hair and beauty offerings, with women spending an average of £994 on treatments, a £118 average increase from 2015, and men spending £779; a rise of £68.

Warren Scarr, managing director and group vice president of Sally Salon Services UK and Ireland, said:

“Overall this is a fantastic time for hair and beauty professionals to be joining or working in the industry, and based on this year’s Beautiful Britain findings there is much to be excited about for the year ahead.”

Click here to read Startups’ free guide to starting a beauty salon.

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