Hair Salons, Beauty Salons, and Barber Shops

Hair Care Services
http://www.firstresearch.com
Profiles cover key aspects of an industry's size, scope, and operations, recent news and developments, industry trends, risks, and opportunities, and include a five-year industry forecast. Profiles are updated quarterly and include:


Professional Beauty Association
Information resources available from this trade association include:

National Industry Profile
http://www.probeauty.org/research/
Profile provides an overview of the industry based on federal government statistics covering hair salons, spas, nail salons, and barber shops, and includes data on the number of establishments, sales volume, employment, weekly hours, and more.

National Salon / Spa Industry Tracking Survey
http://www.probeauty.org/research/
Quarterly tracking survey provides information on sales trends and outlook, customer traffic flow, pricing and costs, staffing levels, capital spending, and more, with survey results broken out by annual sales volume. Survey can be viewed free online.

Salon / Spa Section Survey Report
http://www.probeauty.org/research/
Report presents a detailed overview of salons and spas, including typical costs for salon services, employee benefits offered, technology use, owner profiles, and more.

National Accrediting Commission of Cosmetology Arts and Sciences
Job Demand Survey of the Cosmetology Industry
http://www.naccas.org/  See "Recent Updates" for latest survey
Survey provides description of the salon industry both on a national and state level including number, age, and types of salons, salon size, number of employees and types of positions, compensation statistics, and employment outlook. Summary data available free online.

Hair and Nail Salons
http://www.ibisworld.com
Reports provide in-depth industry analysis and a five-year industry forecast, with special focus on the underlying structure and external forces and relationships that affect an industry and its performance. Report sections include:


Bureau of Labor Statistics, U.S. Department of Labor
Occupational Outlook Handbook -
Barbers, Cosmetologists, and Other Personal Appearance Workers
http://www.bls.gov/oco/
Information provided includes a description of the nature of the work, number and types of jobs, education and training, wages and earnings, employment outlook, and sources for additional information. All information is free online.

Entrepreneur Magazine Business Startup Kits
How To Open A Salon or Day Spa
http://www.entrepreneur.com/toolkit
Free startup kit provides an overview of the industry and key factors to be considered in starting a business.

Entrepreneur Magazine Business Startup Guides
How To Start A Hair Salon & Day Spa
http://www.smallbizbooks.com/
Startup guide provides an overview of the industry and takes users through the various aspects of starting a business and running it successfully. Detailed table of contents and excerpts from the guide are available free online.

Industry Market Research Reports
http://www.marketresearch.com
In-depth business market research reports include information on market size and market segmentation; marketing strategy; product and market forecasts; business trends, risks, and opportunities; key participant profiles; market share data; and more. Summary abstract and detailed table of contents for each market research report is accessible free online.

Industry Market Analysis Reports
http://www.bizminer.com
Industry statistics include industry sales and sales trends, market size and market share by sales class, average company sales and sales per employee, staffing and employment trends, business start up activity and failure rates, and other business statistics on a national, state, and metropolitan area level. Sample market analysis reports can be viewed free online.

More Industry Research and Analysis
For more business research and analysis available from Standard & Poor's, Freedonia, Euromonitor, Dun & Bradstreet, and other sources—including key business statistics, market research and analysis, and business trends and forecasts for a wide range of industries, see Industry Overview, Issues, Trends, and Outlook.


Industry Financial Ratios
http://www.bizminer.com
Five-year comparative financial statement analysis includes income statements with expense detail, balance sheets, cash flow statements, and key business and financial ratios for hair salons, beauty salons, and barber shops. Reports are available by sales size range, and also in small business, sole proprietor, and business start up versions. Sample reports with detailed financial ratio analysis can be viewed free online.


National Accrediting Commission of Cosmetology Arts and Sciences
Job Demand Survey of the Cosmetology Industry
http://www.naccas.org/  See "Recent Updates" for latest survey
Survey provides description of the salon industry both on a national and state level including number, age, and types of salons, salon size, number of employees and types of positions, compensation statistics, and employment outlook. Summary data available free online.

Bureau of Labor Statistics, U.S. Department of Labor
Occupational Outlook Handbook -
Barbers, Cosmetologists, and Other Personal Appearance Workers
http://www.bls.gov/oco/
Information provided includes a description of the nature of the work, number and types of jobs, education and training, wages and earnings, employment outlook, and sources for additional information. All information is free online.


Small Business Valuation Formula Multiples
Hair Salons, Beauty Salons, and Barber Shops
http://valuationresources.com/Misc/ValuationMultiples.htm
Report provides small business valuation formula multiples for hair salons, beauty salons, and barber shops and more than 200 other industries. Valuation multiples are derived from market transactions as reported by BIZCOMPS®, with the primary focus on small companies priced at less than $1 million.



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