"Recession-proof" because it's one
Of the last purchases people will give
Up during tough economic times.
People will give up many luxuries. But
They won't give up their fabulous
Hairstylist and that great cut!
Hard core facts!!
The U.S. economy lost 1.6 million
Jobs between January 2000 and 2011
But salon and spas added 75,000
Jobs!! According to the professional
Beauty association. What a resilient
Industry to be in.
The Bureau of Labor Statistics
Estimates that consumers will
Need nearly 16% more hairdressers
And beauty salons by 2020.
Lets analyze the overall of what's
Really going on in the beauty
Industry.
The federal Reserve has worked hard
To keep inflation low. But it doesn't
Seem to be working for the beauty
Industry.
With the cost of rent, supplies and
All raw materials used to keep a
Great salon business running on
The increase, the average haircut
For men and women went up to
Compensate.
But the sad thing is, the hairstylists
Salary has not!!
The average hairdresser makes
An annual salary of only $22,700
Including reported tips, according
To the Bureau of Labor.
So now with that said, welcome
To that singles moms world.
To keep your head above the water
And keep food on the table
For your children!!
But because you LUV what you do
You work harder, your days are
Longer and you endure.
FOR THE LUV OF.....
STANDING BEHIND THE CHAIR
XOXO
(Smart money)
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