Problems Hair & beauty Professionals Face
Retiring from a career in the hair and beauty industry can be both rewarding and challenging. Here are five pain points that hair and beauty professionals may face when they want to retire from their business and why training could be a solution
Problems Hair & Beauty Professionals face
Financial Planning:
Lack of Adequate Savings: Many stylists in the industry are self-employed or work on commission, which can make it challenging to save for retirement. Insufficient savings can lead to financial stress when transitioning into retirement.
Unpredictable Income: Fluctuating income levels in the beauty industry can make it difficult to estimate expenses accurately. Stylists may struggle to determine how much they need to save for a comfortable retirement.
Physical Demands:
Physical Strain: The hair and beauty industry can be physically demanding, with long hours spent standing, using chemicals, and performing repetitive tasks. As stylists or therapists age, these physical demands may become more challenging, leading to health issues and a desire to retire.
Lack of Retirement Benefits:
Limited Retirement Benefits: Unlike traditional employees in other industries, many stylists & therapists are self-employed or work on a freelance basis, meaning they may not have access to retirement benefits such as pensions, or employer sponsored retirement plans
Physical Demands:
Physical Strain: The hair and beauty industry can be physically demanding, with long hours spent standing, using chemicals, and performing repetitive tasks. As stylists or therapists age, these physical demands may become more challenging, leading to health issues and a desire to retire.
Lack of Retirement Benefits:
Limited Retirement Benefits: Unlike traditional employees in other industries, many stylists & therapists are self-employed or work on a freelance basis, meaning they may not have access to retirement benefits such as pensions, or employer sponsored retirement plans
Emotional Attachment to the Profession:
Passion for the Work: Hair and beauty stylists often have a deep passion for their craft, and retiring may be emotionally challenging for those who have dedicated their lives to it. Letting go of a profession they love can be a difficult decision.
Benefits of Training
Benefits for Hair & Beauty Professionals:
Enhanced Skill Development: Learning to teach and assess learners can deepen your understanding of your craft, as you need to break down complex techniques into teachable components. Increased
Income Potential: Offering training and assessment services can provide an additional income stream, allowing you to boost your earnings beyond what you might earn solely through client services.
Personal Fulfillment: Teaching can be personally rewarding, as you help others develop their skills and achieve their career goals.
Benefits of Becoming a Trainer
Career Longevity: As you transition from a hands-on role, teaching can extend your career in the industry, especially if you choose to step back from active client work.
Flexibility: Teaching and assessing learners often offer more flexible schedules compared to the demands of a salon or spa, allowing for a better work-life balance.
Networking Opportunities: Engaging in education can lead to valuable connections with other professionals, educators, and institutions in the beauty industry. Professional Recognition: Becoming a certified educator or assessor can boost your professional standing and reputation within the industry.
Benefits of Training
Benefits for Hair & Beauty Professionals:
Enhanced Skill Development: Learning to teach and assess learners can deepen your understanding of your craft, as you need to break down complex techniques into teachable components. Increased
Income Potential: Offering training and assessment services can provide an additional income stream, allowing you to boost your earnings beyond what you might earn solely through client services.
Personal Fulfillment: Teaching can be personally rewarding, as you help others develop their skills and achieve their career goals.
Benefits of Becoming a Trainer
Career Longevity: As you transition from a hands-on role, teaching can extend your career in the industry, especially if you choose to step back from active client work.
Flexibility: Teaching and assessing learners often offer more flexible schedules compared to the demands of a salon or spa, allowing for a better work-life balance.
Networking Opportunities: Engaging in education can lead to valuable connections with other professionals, educators, and institutions in the beauty industry. Professional
Recognition: Becoming a certified educator or assessor can boost your professional standing and reputation within the industry.
WHY WORK WITH TNB?
Both directors have owned, built and sold employed and self employed salons and built 5 highly skilled salon and training teams using the system we teach. We retired from the salon floor in 2005 and no longer work in day to day operations in the salon or training business. We have grown a successful training academy from zero to an 7 figure business using private sales and funding.
With over 30 years of experience in the business world, we built a thriving property portfolio exceeding £1,000,000 in value. In addition, we launched the popular podcast "The Apprenticeship Godmother"
Our commitment to promoting workbased training extends to our quarterly contribution in Salon Education, where we share valuable insights on this important topic.
In 2023 TNB Skills won 3 awards in the Health & Beauty Awards including Business of the year, Trainer of the year and contribution to the community.
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