A quick guide to start your home based business in Saskatchewan

How to start working from home for estheticians, nail techs, lash techs and more

 

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Check out this cute check list on working from home for estheticians, nail techs, lash techs and more

 

It can be really scary to start your own business. It also can be very confusing.  I have created this little list on working from home for estheticians, nail techs, lash techs and more. If you are starting to room rent from a salon it will also help you.

Create a business plan

A business plan is a written description of a business’ future. It conveys the business goals, the strategies used to meet them, potential problems and their solutions, the organizational structure, and finally, the amount of money and resources required to finance the venture and keep it going until it begins to make profits.

Resources:

Bplans-Business Plan Template

Business Management – Part 4 Small Business Basics

Government Services for Canadian Businesses

Check city regulations and requirements.

You can usually find this information by googling: Home based business + the name of your town or city. If the guidelines are unclear. Call your city hall and ask them to explain the regulations.

Register your business name with government for tax purposes (ISC or federal government for tax)

After a business name is chosen, search the name and register it. Business name registration is a legal requirement for almost all businesses in Canada. After the name is approved and all appropriate documents are received by the various levels of government, a Certificate of Registration containing a registration number is often issued.

Resources:

Register a Business Name

Register your business name with Government of Canada

 

Apply for city and or health permits

While a license is not necessary for all businesses in Canada, many municipalities require one for operating within their boundaries. In many provinces, each business requires a municipal or city business license for each municipality in which it operates. Information can be found on the city or town’s website, or in the blue pages of the phone book.

Resources:

Salon & Spa Sanitation Best Practices

Apply for GST# 

This can be confusing. Revenue Canada has a chart of who needs to apply for a gest number and who does not. But the jist of it is If your business has revenue in excess of $30,000 in four consecutive calendar quarters, you have to register for a GST/HST number

Resources:

Register for a GST #

http://www.bookkeeping-essentials.com

Purchase supplies and products.

Keep all receipts for your supplies and products. It might be smart to keep only a small supply of materials on hand to keep your costs low. While I encourage you to shop local I also know that it it is important to keep your costs low.  Often you can find products at a discounted price direct from the manufacturer.

Resources:

Manufactures that sell direct via AMAZON!

Inexpensive salon and spa supplies

Obtain business and liability insurance

All businesses have liabilities; in order to protect themselves against liabilities, businesses purchase insurance. The esthetician industry has liabilities, and therefore, insurance is important. Contact your home insurance supplier and they can suggest where to go. If you are room renting or chair renting you may be covered under the business.

Open a business bank account

Keep all of your business banking separate from your personal banking.  You do not necessarily need to open a “business bank account” You could just open another checking account and operate all of your expenses out of it.

Purchase marketing materials

Business cards and price lists are an absolute necessity. To keep your costs low, order a small amount at a time.

Resources:

Affordable Business cards

Start social media accounts

Facebook and Twitter are great places to start with social media. Share your page with all of your friends and ask them to do the same.

Sign up for online booking

Online booking is becoming huge in our industry. More clients are relying on the convenience and it frees up your time as well.

Resources:

The best online booking system

Set up an accounting system.

A basic accounting system can be easy to start up.  Ensure that you save all of your receipts.

Resources:

We love Wave Apps. It’s Free and easy to use.

We also love Quick books. Click the link for a 50% off coupon

Create client consultation form/waiver

Client consultation forms can be found for free in a variety of places on the internet. Simply print them off and keep them in a binder for safe keeping.

Special Notes!

All self-employed workers pay both the employer and employee portions of CPP contributions when they file their T1 income tax and benefit return using Schedule 8, CPP Contributions on Self-Employment and Other Earnings.

Self-employed workers do not pay EI premiums unless they opt into the EI program for access to employment insurance special benefits, which include maternity, parental, sickness, compassionate care, and parents of critically ill children benefits. If they want to opt in, they have to register with the CEIC.

When self-employed workers opt into the EI program to access EI special benefits, they pay the same EI premium rate as employees pay. These EI premiums are paid when the self-employed worker files his or her T1 income tax and benefit return using Schedule 13, Employment Insurance Premiums on Self-Employment and Other Eligible Earnings. Unlike with the regular EI program, self-employed workers do not have to pay the employer’s portion of EI premiums.

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Check out our other blog posts!

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I think you will agree with me that it is no easy task to find new clients when you are a new stylist or esthetician in the competitive world of the beauty industry.  Here are 5 easy ways to gain new clients for next to nothing. 

How to build repeat clients for next to nothing.