Write A Business Plan
a. Executive Summary
Tattoo and More® Tattoo Removal, Inc. is a licensed tattoo artistry and tattoo removal salon. We have been able to secure a standard and well-positioned salon facility in a central residential estate in Las Vegas Nevada. We are a tattoo removal business that is set to compete in the highly competitive and fragmented industry not only in Las Vegas Nevada but also throughout the United States because we intend to open our outlets in key cities across the United States.
b. Products and Service
- Providing skin treatment after tattoo removal
- Tattoo cream sale
c. Mission Statement
Our mission is to provide professional and healthy tattoo removal services and other related services to individuals. We want to build a tattoo removal salon that can favorably compete with other leading brands in the industry.
Our vision is to build a tattoo removal salon that will be a household name in Las Vegas Nevada and throughout the United States of America.
d. Goals and Objectives
The goals and objectives of the tattoo removal business are to help people get rid of tattoo from their skin and to give them useful tips that will help them maintain their skin after the tattoo removal process.
e. Organizational Structure
a. SWOT Analysis
Having extra finance to open chains of tattoo removal salons and hiring some of the finest tattoo removal experts might be what will count as a weakness for our organization.
Get The Necessary Legal Documents You Need To Operate
You should know that in the united states, regulations on who can start or operate a laser tattoo removal and other cosmetic applications vary from state to state. In some states in the country, only a medical director relationship may be required, while in some areas a medical professional must perform the treatments.
Most of the states also have clear laws formulated by the state medical board. Also a lot of them have ambiguous laws or laws that arent specific to tattoo removal. It is advisable that you research your state or your business location before starting a tattoo removal business. You can also contact an attorney to help you with this situation. The legal documents you would need include
- sales tax license
- Permanent physical address for mobile tattoo Removal Business
Is Tattoo Removal A Growing Business
Since 2002, tattoo removal services have grown 440%. There are approximately 3 million dollars in revenue for this industry at present. 4 BILLION DOLLARS. According to The Harris Poll, one in every five adults in the United States has a tattoo. There is a growing number of people wanting to remove tattoos using lasers.
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Step : Form A Legal Entity
Establishing a legal business entity such as an LLC or corporation protects you from being held personally liable if your Tattoo Removal Business is sued.
Form Your LLC
You can form an LLC yourself and pay only the minimal state LLC costs or hire one of the Best LLC Services for a small, additional fee.
Recommended: You will need to elect a registered agent for your LLC. LLC formation packages usually include a free year of registered agent services. You can choose to hire a registered agent or act as your own.
Laser Tattoo Removal Training Course
Our Just Tattoo Removal course provides comprehensive classroom education and hands-on tattoo removal training where students will treat actual clients within our luxury medical spa. This course is ideal for those who want to jumpstart their careers as a Tattoo Removal Technician, specializing in laser tattoo removal treatments.
Each tattoo removal course here at National Laser Institute is taught by industry-leading experts who have 10 to 20 years of experience working in the medical aesthetics marketplace. They will provide you with the knowledge and skills that you need to feel comfortable and confident in administering tattoo removal treatments to your future clients!
The tattoo removal industry is experiencing explosive growth as millions of patients are experiencing tattoo regret. This comprehensive course incorporates the latest advances in laser technology and laser practice to help prepare you no matter what your background to use tattoo removal lasers to eliminate unwanted tattoos.
Your tuition includes a course manual that consists of written materials and marketing tools, including examples of history, consent and policy forms, and a certificate of training upon course completion. We also provide you with access to our online medical aesthetics library, which contains resources, including instructional videos, clinical studies and more.
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Step : Define Your Brand
Your brand is what your company stands for, as well as how your business is perceived by the public. A strong brand will help your business stand out from competitors.
If you aren’t feeling confident about designing your small business logo, then check out our Design Guides for Beginners, we’ll give you helpful tips and advice for creating the best unique logo for your business.
Recommended: Get a logo using Truic’s free logo Generator no email or sign up required, or use a Premium Logo Maker.
If you already have a logo, you can also add it to a QR code with our Free QR Code Generator. Choose from 13 QR code types to create a code for your business cards and publications, or to help spread awareness for your new website.
How to promote & market a Tattoo Removal Business
As you move towards your clinics opening day, youll want to start advertising your services. Most patients researching tattoo removal clinics complete a web search and select a business based on their online ranking. Therefore, its critical that you have an online presence. This should include an established website, social media presence, and listings in all local online directories.
How to keep customers coming back
Referrals and repeat customers will be a large part of how you gain clients. Networking within the community and providing exceptional customer service will help ensure a steady stream of referrals.
Consequently How Much Do You Make As A Tattoo Removal
Tattoo Removal Salary Annual Salary Hourly Wage Top Earners $78,000 $38 75th Percentile $42,000 $20 Average $48,103 $23 25th Percentile $31,000 $15 How do you start tattoo removal? This article provides a checklist of items to help you quickly establish a profitable tattoo removal practice in your market. Check Your Local Tattoo Removal Regulations. Find Affordable Office Space. Choose Your Q-switched Laser. Start Marketing ASAP. Hire Your Staff. Have a Plan for the Details.
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How To Make Money Removing Tattoos
Like any other product or service, the first key to making money is to make sure that plenty of people know that youre offering them. Simply adding the new service to your in-store menu is not enough. Launch an advertising campaign using all media types that your audience is also likely to use, ranging from digital media to the local paper. If your business is big enough, you can also add local TV ads to your campaign.
Another important thing to do is accurately estimate your cost per customer. Resist the temptation to go too cheap in order to attract business, and instead focus on providing the best quality for the customer.
Helping Start Your Laser Tattoo Removal Business
Several years ago when designing the New Look Laser College courses, we didnt want the courses to be focused exclusively on just hands-on laser tattoo removal. The reason for this is that a number of people come to us for more than just learning about how to use our lasers for tattoo removal. What they really wanted to learn about is how to successfully start a laser tattoo removal business. Over the years we have seen that many of our students are just as interested in what we have to offer in terms of successfully starting a laser tattoo removal business or adding laser tattoo removal to an existing business as they are in the hands-on laser tattoo removal training. Thats why we spend a significant amount of time teaching New Look Laser College attendees not just how to use a laser for tattoo removal but how to promote their laser tattoo business through the use of websites, Google AdWords, Facebook Marketing, PR and other marketing strategies and tactics.During the 2-day class, we spend almost half a day discussing clinic operations, treating patients and learning about how to effectively market your laser tattoo removal business.
Example Business & Operations Marketing Section Business Operations & Marketing
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High Profit In The Tattoo Removal Industry
Patients who want to remove their tattoos are usually willing to pay a premium.
Tattoo removal treatments can be completed in just 15 minutes, and they cost $200 on average. Thats about $800 per hour for practitioners.
Moreover, the majority of tattoos require a minimum of five to ten sessions to be completely removed. Most patients are happy to pay $1000 to $2000 in total for laser removal of a small-to-medium size tattoo, and that price is well worth restoring the appearance of their skin.
Is Tattoo Removal Successful
Most experts consider laser removal to be the most successful and cost-effective way to remove tattoos. Youll need to receive a number of laser treatments over several weeks or longer to remove your tattoo. Often, lasers dont completely remove a tattoo. Instead, they lighten or fade it so its much less noticeable.
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Keeping The Doors Open: The Numbers
The tattoo removal business is a lucrative venture. The numbers can go as high as $800 per hour is scheduled and modelled as done by other entities. Now, unlike with the tattoo parlour model, you may not get as many return clients as it would be ideal to not keep working on improving as much daily, but that should not be an issue once your shops name settles well with the market.
How To Start A Tattoo Removal Business
Wanting to to profit from laser tattoo removal? You don’t have to reinvent the wheel to make it happen.
Standalone tattoo removal practices have existed since the early 2000’s.
When you start a tattoo removal business, you can implement strategies that have worked for other successful clinics in the past.
As tattoos have grown in popularity and awareness of laser tattoo removal has improved, demand has escalated for this procedure. Now is an excellent time to enter the field.
Now, the prevalence of tattoo regret is skyrocketing. Many people who got tattoos in the past decade are regretting the decision. As the only safe, effective solution to unwanted tattoos, laser tattoo removal is in high-demand. Because the popularity of tattoos expanded into the affluent populations that regularly consume aesthetic procedures, tattoo removal is also now becoming a popular cosmetic treatment at spas.
This article provides a checklist of items to help you quickly establish a profitable tattoo removal practice in your market.
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Management Of Laser Hair Removal Business
To make sure that the business operates and grows right, a strong management structure is needed. If you want to know how to start a laser hair removal business, you are in luck. The management of the business will be headed by Paul himself.
The business will hire 2 more managers to oversee the operations of the business. Well also tell you how to get into the tattoo removal business. To extend the business to more locations, Paul will be providing prospective investors with business plan for buying a franchise.
Launch The Business Proper
Tattoo removal businesses usually open their doors for business with an opening party. You can choose to do a soft opening if you are operating on a low budget or you can choose to go for a grand opening party. The bottom line is that with proper launching of the tattoo removal business, you will be able to officially inform people in your city that your tattoo removal service is open for business.
a. What Makes a Tattoo Removal Business Successful?
- Choose a good location and salon facility to launch the business
- Make sure your tattoo removal technicians use safe methods when removing a tattoo
- Throw an open house party before officially opening the tattoo removal business
- Be deliberate with your marketing sales approach
- Encourage the use of word of mouth to promote your tattoo removal business
- Leverage on all available online and offline platforms to promote your tattoo removal business
Please note that with the right location, top-notch service, and good marketing skills, you can serve varieties of customers that cut across different genders and age groups.
b. What Happens During a Typical Day at a Tattoo Removal Business?
c. What Skills and Experience Do You Need to Build a Tattoo Removal Business?
- Ability to pay attention to details
- Ability to use laser machines
- Good managerial and human development skills
- Good Accounting and Bookkeeping Skills
- Visionary Leadership
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Employing A Tattoo Removal Expert
If youre an entrepreneur looking to cash in on the tattoo removal market, employing someone already certified is a possible route, so is adding value to your already employed beauty technicians with a course. This way, you wont have to be on premise all the time while customers get their tattoos removed.
Interviewing tattoo removal artists, as you may imagine, is a less strenuous task than hiring someone to administer them. Work history, certifications, and just being a good people person are top of the skills requirements.
Decide Whether To Buy A Franchise Or Start From Scratch
For the sake of this article, buying into a franchise in the tattoo removal industry is far more profitable or rather advisable than starting from the scratch. As we already know, a franchisee buys more than the right to use a Business Name:
You buy both the benefits of the franchisors experience and the businesss formula for success. Another basic reason why you should consider a franchise is because you might have a good business background but no experience in this particular industry.
It is important to note that one of the advantages of opening a franchise is that the franchisee is provided with a turnkey operation. This simply means that the franchisor helps you choose the site and negotiate the lease, tells you how to lay out the clinic and where to order furnishings, provides information on what products you need to use and what your opening inventory should be, and offers you management and technical training.
6. Know the Possible Threats and Challenges You Will Face
There isnt any industry that is without trouble. What is required basically to surmount these troubles is to know and identify these possible hitches and know how to deal with them. Its very common for the fear of failure to hinder you from opening your own tattoo removal clinic, but you need to understand that every successful entrepreneur has made his or her share of mistakes along the road to the top. Possible challenges may include
7. Choose the Most Suitable Legal Entity
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Cost Analysis And Budgeting
a. How Much Does It Cost to Start a Tattoo Removal Business?
When it comes to starting a tattoo removal business, the startup costs range from $20,000 to over $350,000 depending on how much equipment the business owner decides to purchase. The price of specialist laser machines ranges from $150,000 to $300, 000 dollars, hence making the start-up costs to be substantial. Please note that this amount includes the salaries of all the staff for the first month of operation.
b. What are the Costs Involved in Starting a Tattoo Removal Business
c. What Factors Determine the Cost of Opening a Tattoo removal business?
- The size and type of the tattoo removal business
- The choice of location
- The cost of hiring and paying a business consultant and attorney
- The cost for branding, promotion, and marketing of the tattoo removal business
- The cost for furnishing and equipping the tattoo removal business
- The cost for insurance policy covers
- The cost for registering the business
- Cost of recruiting and training your staff
- The cost for the purchase and customizing of uniforms
d. Do You Need to Build a Facility? If YES, How Much Will It Cost?
You dont need to build a facility for your tattoo removal business as you only need a small saloon space to carry out your services.
e. What are the Ongoing Expenses of a Tattoo removal business?
f. What is the Average Salary of your Staff?
g. How Do You Get Funding to Start a Tattoo Removal Business?
Write A Marketing Plan Packed With Ideas & Strategies
You better know that making your business a success has to do with more than just your ideas and the services that you provide. It is advisable that you pay close attention to the business side of things and learn how to actively promote your clinic. Have it mind that in the business world, your reputation is what brings you customers and you cant gain that without advertising.
- Learn to use the newspapers
- Get your Networking skills together
- Make use of the internet
- Have unique Business cards
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Know Your Tattoo Removal Device
The machine you use is crucially important, and choosing your device can mean the difference between success and failure.
When researching devices, you will get used to terms like Q-switching, Wavelengths and Picoseconds. Well go into all of these terms in more details in later blogs, but you should understand that the effectiveness of devices is based in some pretty robust science. The different speeds faster pulses mean faster treatments and different wavelengths 1064nn works well for black ink mean that treatments are highly personalised. Some machines will promise the flexibility to do multiple treatments. Laser hair removal devices are sometimes used in tattoo removal, often with disastrous results .Choose your device based on the treatment you wish to provide, the number of treatments you hope to perform per day, and of course, your budget.