As a new entrepreneur, if you are looking for a lucrative business to go into you might want to consider a massage therapy business. Massage therapists provide a variety of services that include, sport massage, therapeutic massage, leisure massage and so on.
There are so many advantages in starting a massage therapy business, you get to be booked on a regular basis and offer good money for private-parties, insurance for athletes, artists and the rest.
Check out the following tips to guide you on starting your massage therapy business.
READ ALSO: How to Start A Lucrative Spa Business
READ ALSO: How to Start A Lucrative Spa Business
DECIDE ON THE SCALE YOU WANT TO OPERATE
First, you need to determine the kind of massage services you want to offer to clients. For instance, decide if you want to strictly focus on just therapeutic massage or include other services as well. Once you decide, you might want to hire extra helping hands, an experienced massage therapist to assist in providing the other massage services in your business.
First, you need to determine the kind of massage services you want to offer to clients. For instance, decide if you want to strictly focus on just therapeutic massage or include other services as well. Once you decide, you might want to hire extra helping hands, an experienced massage therapist to assist in providing the other massage services in your business.
PICK A NAME OR LOGO FOR YOUR MASSAGE BUSINESS
Choose a name that sounds appealing and at the same time right for your kind of business. You can search online and get more ideas on suitable names for your business, pick one and go register your massage therapy business.
Choose a name that sounds appealing and at the same time right for your kind of business. You can search online and get more ideas on suitable names for your business, pick one and go register your massage therapy business.
REGISTER YOUR BUSINESS
Apply for or visit your city/country's state corporate commission office and register your business. Decide which business category to register : whether under sole proprietorship or a corporation or a partnership. Obtain a tax verification number from the internal revenue office and also open a commercial account for the business.
Apply for or visit your city/country's state corporate commission office and register your business. Decide which business category to register : whether under sole proprietorship or a corporation or a partnership. Obtain a tax verification number from the internal revenue office and also open a commercial account for the business.
INSURE YOUR BUSINESS
Get a insurance policy from a well-recognized insurance company and insure your massage therapy business. The insurance policy should be able to protect your business from liability, damages, fire outbreak, injuries, theft and other unpleasant events.
Get a insurance policy from a well-recognized insurance company and insure your massage therapy business. The insurance policy should be able to protect your business from liability, damages, fire outbreak, injuries, theft and other unpleasant events.
SOURCE FOR FUNDS
If you are planning to rent a property, apply for commercial loans from lenders, financial institutions or angel investor. Typically, your business plan will be requested for in order to see in details the potential income and challenges of the business. Also, you might be expected to make like 10% down payment for the loan or a collateral as alternative.
If you are planning to rent a property, apply for commercial loans from lenders, financial institutions or angel investor. Typically, your business plan will be requested for in order to see in details the potential income and challenges of the business. Also, you might be expected to make like 10% down payment for the loan or a collateral as alternative.
ADVERTISE YOUR MASSAGE THERAPY BUSINESS
Print brochures and business cards and distribute to prospective clients in the healthcare industry, sport industry, entertainment etc. Create a steady flow of clients by giving your business cards to regular customers and hope they will spread the word about your excellent services to other people.
Print brochures and business cards and distribute to prospective clients in the healthcare industry, sport industry, entertainment etc. Create a steady flow of clients by giving your business cards to regular customers and hope they will spread the word about your excellent services to other people.
RENT OR LEASE A PROPERTY
Consider renting a storefront in a nice environment and cater to walk in clients, referral clients and contract clients from sport agencies and other business organisations. Ensure that the property fits in with your budget so as not to over blow your startup costs.
Consider renting a storefront in a nice environment and cater to walk in clients, referral clients and contract clients from sport agencies and other business organisations. Ensure that the property fits in with your budget so as not to over blow your startup costs.
SET UP MASSAGE SALOON
Whether you intend to work alone or employ workers, it is important you know how to set up your massage parlour in such a way that clients feels comfortable whenever they come in.
Whether you intend to work alone or employ workers, it is important you know how to set up your massage parlour in such a way that clients feels comfortable whenever they come in.
To set up your massage therapy place you will need, massage tables, flannel sheets, duffle pillows for the comfort of clients, candles, towels, masks, scented massage oils and lotions and music. Ensure to have a selection of soft and soothing music to lighten the mood in your massaging sessions.