Census data states the beauty industry including shops salon/spas and products is over $40 billion annually. There has been moderate growth with typical barber shop, hair and nail salons. High end beauty salons and spas have seen a much higher increase in their revenues.
While traditional shops can be started on a smaller budget and less research (although research is needed), the higher end salons have greater needs for funding, demographic and product research and many other issues. The staff of McMillan Consulting can assist you with your dream of opening a neighborhood barbershop or a full service high end salon.