Almost half of salon owners have considered closing their business

By Sophie Nutt | 04 December 2019 | Movers & Shakers, News

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Almost half of salon owners have considered closing their salon, as revealed in a survey conducted by Phorest Salon Software.

After surveying 1,000 salon owners around the world, Phorest has found that 45% have seriously considered giving up at some stage throughout the process of setting up, running and growing their salon. The majority of those who thought about giving up did so when their salon was already well-established, being three or more years into business.

The research also revealed that almost a third of salon owners found hiring and managing staff to be the most challenging aspect of their jobs. Following that, external factors such as rent, tax and recession caused 22% to almost give up hope, 19% hated that their passion for hair or beauty had become a chore, 12% found marketing their salon too taxing, 10% couldn’t keep up with admit and accounting, 3% found it too difficult to juggle family with running a business and only 2% wanted to give up so they could retire.

“Salon professionals spend a lot of their time lending a supportive ear to the clients in their chair, but when it comes to having someone they can lean on for support, being an owner or manager of an independent salon business can be lonely and isolating,” says Ronan Perceval, CEO of Phorest Salon Software.

“To help salon owners combat these feelings of despair and strengthen their skills as business leaders, we have set up a number of Phorest initiatives, including a free six-part management course, as well as a salon mentorship hub, where can salon owners can book a free consultation with a topic expert of their choice. These initiatives are completely free for all salon owners, not just for Phorest clients.”