Operating a salon business can be fun and profitable, but you also need to budget wisely in order to avoid not turning a profit at the end of the year. While the initial investment for salon equipment will be high, it’s actually the smaller disposable items that end up costing you on a monthly basis.
Even if you have access to a beauty supply store that’s only open to beauty professionals, you may still pay more buying disposable items as you need them rather than buying them in bulk. Items such as gloves, colour mixing containers, cotton squares, foils, and cutting capes are things that will need to be replaced repeatedly throughout the year. Purchasing these items in bulk can help you save money and insure that you never run out of needed products.
Don’t Skimp on the Big Stuff
It’s tempting to try and save money by purchasing cheap salon furniture, but you want to make a good investment in the furniture and equipment you choose for your salon. Something that will easily show wear and tear or that doesn’t look appealing in your salon because it’s poorly made is an investment you’ll regret. The higher the quality of your furniture and equipment the less likely it is you’ll need to replace it within the first few years.
Purchase the Small Stuff in Bulk
Buying in bulk often means that you’re purchasing items by the hundreds. You can often find reduced rates when you buy salon supplies online in bulk. Online retailers will often reduce the rate per piece if you choose the bulk option because it helps them move inventory while saving you money at the same time.
Certain things shouldn’t be purchased in bulk, such as waxes and colouring dyes, because they can expire and become unusable in the salon. This means you make an investment on products that you may or may not be able to use. However, things like gloves and mixing containers won’t expire and don’t go out of style so you can buy them by the hundreds and not worry about using them by a certain date.
Save On Shipping with Bulk Ordering
Another area where you save money is in shipping costs. When you buy in bulk you are usually paying shipping based on either the cost of your total order or weight of your total order. If you break your salon supply orders into bits and pieces, buying only when you run out of certain beauty supplies, you end up paying much more in shipping on an annual basis.
Bulk ordering benefits not only your profits but insures that you always have what you need. Every salon owner should take advantage of bulk ordering to help run a salon efficiently and within budget.