The beauty business is one business sector that keeps seeing more and more independent entrepreneurs coming in and creating new fragrances, formulas, and colors to help potential clients smell, look, and feel their best. This industry is worth over $90 billion, which is estimated to increase exponentially over the years. If you’re interested in cosmetics and looking for ways to make more money, this article lists a few business ideas.
If you’re a stylist with several years of experience under your belt or willing to spend the majority of your days as a full-time owner and manager of other stylists, opening a salon might be your best fit. However, although it might look glamorous, the truth is that opening a salon is the most labor- and time-intensive business idea in the beauty industry.
Nevertheless, the best thing about opening a salon is that it can be a brick-and-mortar business or a mobile one, for which you can invest in a commercial truck or van with all your tools, from hair dryers to a pedicure chair. With mobile salons, you have more flexibility since services are offered on an appointment basis.
The good thing is that with every risk in this business venture comes a great reward, and if you’re business-minded, you might see this venture as a thrilling opportunity to find footing in the beauty industry and within your community. You can start small with only styling and gradually include new and exciting services like massages, pedicure and manicure services, facials, makeup stations, and many more.
If you’re a skincare enthusiast or an eco-conscious person looking to share your organic skincare secrets, there’s never been a better time than now to enter the beauty industry. Due to the onset of the coronavirus pandemic, there has been an enormous rise in the need for self-care, especially since it has such great and positive effects on our overall health.
When tapping into this, you can formulate and sell sustainable beauty products that are cleaner and healthier for the natural skin and also help to reduce waste in the environment. Small-batch skincare makers often produce their lines from a sustainability perspective, with naturally derived ingredients usually found in their kitchens or gardens.
If you’re considering this, you can take one of many online courses that teach the fundamentals of getting started. It would be best to research all FDA guidelines concerning skincare products to ensure that your manufacturing methods, packaging design, and formulas are safe for human use. Your shampoo bars, lotions, and other body products should be original, and when packaging, consider sustainable lotion packaging, also known as green packaging.
If you have a great love for all things makeup, you might also have an amazing knack for writing. If so, you have all the makings of a successful beauty blogger. Beauty bloggers are very similar to influencers in that people look to them for recommendations.
As a beauty blogger, you’ll need to publish beauty content regularly for your followers, either in written or video form. You can narrow it down to a specific niche within the beauty industry like nail art or clean beauty and become one of the trusted authorities on the topic. When done well, beauty blogging opens many other doors for you, like sponsorship with beauty brands, product partnerships, and many more monetary gains.
In the past, many people didn’t regard nail, brow, and lash services as worth paying much for. Thanks to social media, these professions are opening up new job opportunities for beauty enthusiasts.
Lash experts are trained to lift, extend, tint, and perm eyelashes, while brow technicians are skilled in tinting, threading, waxing, microblading, and tweezing eyebrows. All these skills are taught in cosmetology school; thus, they’re easy skills you can build on as someone interested in cosmetics.
To sum up, there are lots of opportunities for those looking to get into beauty, including the ones in this article.