Opening a Spa or Medi Spa? HD

https://www.insparationmanagement.com/free-insparation/ Are you thinking about opening a SPA or a Medi Spa? Hi I am Dori Soukup founder of InSPAration Management inviting you to watch this video to discover 10 Costly Mistakes To Avoid. I was in NY City recently attending and speaking at a spa conference. I met a few people who were planning on opening Medi Spas and Day Spas. And the one thing I come across over and over is the lack of planning people do to insure their success. Venturing into owning and operating a Spa or a Medi Spa is big undertaking. Many entrepreneurs feel that because they are successful business people in other fields or because they have an MBA, they can plan and operate their spa without spa industry experience, professional advice and/or expert assistance. A lot goes into planning and positioning a spa for success. So Here are 10 myths and some valuable advice to help you save time and money. Mistake one: Build it and they will come. Creating a detailed business plan and a feasibility study are the foundation of your spa business venture. This is where you outline your vision, business strategies, type of spa, positioning and capital investment needed. The Feasibility study is the financial blueprint to your new venture. It outlines all financial aspects of your business. It should include: Initial investment by room, fixed cost, variable cost, a budget, revenue projections, return on your investment, surplus needed, and more & Don t miss this step. Mistake Two: I can do it by myself. Can you do it by yourself? Yes, but how successful and how much time will it take you and how many mistakes can you afford? You can work hard or you can work smart & Don t reinvent the wheel. We have a proven effective formula. All you need to do is follow it. You can attend the Leap Ahead seminar and discover an A to Z business model to position you for success. https://www.insparationmanagement.com/leap-ahead-spa-business-seminar/ Mistake Six: We ll do the marketing after we open. An annual marketing plan and marketing materials must be created a minimum of four months prior to opening date. Assigning the marketing duty to an expert could mean the difference between success and failure. You can t wear all the hats. You can hire a company like https://www.InSPArationManagement.com to do your marketing for you. From creating your website, designing your menu, your logo, your branding, your intro video to help position your business for success. Then you will need continued marketing. Go to https://www.DoneForMeSpaMarketing.com and check out all the marketing tools we offer to lead consumers to your spa. Mistake Eight: No retail space. Retail space, can t be an after-thought & Create a spa boutique. You can generate lots of revenue from retail! Don t miss out on this income opportunity. Plan for it and train the team on the PRIDE system to maximize revenue per guest. Mistake 9 Implement the wrong Business model. Do