When it comes to franchising, there are hundreds of thousands of opportunities out there. The best place to start is always with a successful industry. The global beauty industry (including anti-aging, skincare, hair services, nail services, and massage) brings in over $1 trillion annually. That’s impressive for any one industry, and the market is only growing. Newer technologies have led to advances in cosmetology and consumers are demanding more beauty services now than ever before. Of this massive industry, hair salons and retail hair products make up the largest portion, bringing in $62 billion annually in the United States alone.When it comes to opening a beauty franchise
, it is clear that a hair salon is the way to go. Comparatively, nail salons account for only $11 billion, health and wellness $12 billion, and tanning salons $3 billion. With a hair salon franchise
, you have the chance to cash in on a lucrative industry. Proven to be incredibly resilient, the hair salon industry has done well even in times of recession. And with a 7% growth of hair retail products, the industry is quickly expanding. Of all franchises out there, Lemon Tree beauty parlour franchise
is leading the hair salon game.