TEETH WHITENING BUSINESS PLAN SAMPLE TEMPLATE
Have you always wanted to be your own boss? What are you still waiting for? Now is the best time to start a business that is in high demand, has huge profit margin and only need a small capital investment to start.
What business am I talking about?
Teeth whitening business.
Teeth whitening business is a very profitable business to venture into. It is a multi-billion dollar industry and it seems to be growing every year. It is a business that is very easy to learn. It can be setup any here; in a mall, spa, salon etc.
You don’t need to be a dentist to start a teeth whitening business. You just need a qualification related to dental care.
If you are a dentist, teeth whitening will be a perfect add-on service to your dental business.
If you love making people smile more because of their white shinning teeth or you just love the teeth whitening business and want to start one and become a business owner, here is a business plan for starting a cosmetic or laser teeth whitening service.
- Conduct a Market Research
This is very important as you don’t want to venture into a business that you will regret later. Conducting a market research on this business will open your eyes about the market, the competitors, customer’s behavior on how they patronize the service, how much it will cost you to start etc.
This step is advisable and very important for any entrepreneur who want to venture into this business. Remember, customer’s behavior is different in every country, state and city. So, you must conduct a market research in your country or state.
- A Business Plan
To get your business started, you will need to create a well-detailed teeth whitening business plan. A good business plan should contain an executive summary, description of the business, the vision and mission, projected cash flow and expenditure, marketing strategies etc.
If coming up with a business plan will look stressful for you or you have no idea of how to come up with one, you can hire the service of a professional business consultant or better still, there are plenty of software out there that can help you create a professional business without stressing yourself.
You don’t really need a dictionary size kind of business plan; a 2-3 pages’ business is enough as far as it contains the main information needed for your business. after all, you are not planning of using it to apply for a loan in the bank.
- Get the Experience
This comes in two ways; the business side and the skillset side. To better understand this business very well, it is advisable you go work for someone who have a teeth whitening business. If there is no vacancy opening, you can volunteer to work for free as an intern.
This way, you will get a first-hand experience about the business which includes and not limited to; how to attend to customers, fees, lead generation strategies, where to order for the equipment and prices for them.
Working for a successful teeth whitening business owner, he or she gets to share with you the business experience, risk factors and everything you need to know.
For the skillset, it is advisable you get a professional training in either dental therapist or dental hygienist. Having these skills or qualification will be a plus to you as you can offer more services than just teeth whitening.
- Choose a Conducive Location
After you must have done all these, it is now time to go find a conducive location to site your teeth whitening business. The location you pick matters a lot. A location with high traffic of pedestrians and with enough parking space will be a good idea.
A location close to a hospital is not ideal as some hospital offer dental services which teeth whitening may be among the services.
At this time, you will have to source for a teeth whitening equipment supplier. This you can do online or through referral from a teeth whitening owner or dentist. You should know all about the teeth whitening business starter kit that will be needed and get the best.
- Get Necessary Licenses and Permits
This is a health related business and it is compulsory for you to get some licenses and permits before you can operate this business. All you just need to do to get these documents is to visit the office authorized to grant you the license to operate.
You must have inquired about the people in charge while you were conducting your market research or while you were working as a volunteer. In case you don’t know, some health inspection check will be done to ensure that you have the right equipment and your location is healthy for the kind of business.
- Marketing your Business
You can’t just open a teeth whitening business without marketing and expects people to troop in. you will have to do some marketing. Creating a website is one of them. Printing and sharing of business cards is another.
The most effective can be the use of social media platforms like Instagram, Pinterest and Facebook. If you apply content marketing to your online marketing strategy, it is certain to yield positive return.
Make sure to also use word of mouth like friends and family members to let people know about your services.