If you have a healing touch and restful nature then you are suitable for massage therapist business idea. Now it is the time to earn your piece of swiftly growing massage industry by opening your own massage therapy business.
01 Startup Financing
Business Titans will help you to choose the best-matching financing method to your situation and to prepare you to get a good deal with the right partner. Speak to us about your idea and situation and get a free proposal how Business Titans could help you. Below is a preview of few possible financial solutions for your business project.
1. Bootstrapping: The right and wrong ways to set up your Startup with your own money.
2. Equity Partner: Money from equity partners can be good or bad for your project
3. Bank Loan: Be prepared for the tough due diligence checks of the banks. Get help for Due Diligence and KYC.
4. Friends and Family Loan: A sensitive topic with many attention points.
02 Business Planning
Business Planning is a continuous process of assumptions, risk assessments and revisions. It is not about the Business Plan but about the thinking process while you are setting up a new venture. Any serious business partner will challenge your assumptions and assessments. With Business Titans you get a diversified and professional sparring partner to brainstorm and starburst your business model until it is waterproof.
We help you to get the documentation you need in the right step with the right quality and format. Equiped with Business Titans certified documents, you will stand off in any forum.
03 Weekly Coaching
When the financing step is done and your business documentation is complete, it's time for action. A Senior Consultant will be accompanying you in a weekly personal coaching session through the milestones of your business. Your Consultant will check for examples and inspirations that match your unique situation. You will be supported with a personalized feedback to every aspect of your company: Legal setup, marketing plan, budget management, business development steps, sales pipelines, recruitment needs, product development, etc.
Business Titans will push you to achieve your milestones, stay in-line with your Business Plan and make you aware when and why a revision is required.
Check Out our New Starter Kit!
Strategy Roadmap - Your compass during the startup phase (6 pages pdf)
- Tools of Business - A collection of 80+ tools for any entrepreneurial situation based on 6 years of trial-error experience and lessons learned (14 pages pdf)
- Smart CEO Guide - Ways to raise efficiency and stay focused on the Strategy Roadmap (15 pages pdf)
- Social Media Marketing - A checklist with industry-standard best practices on social media (3 pages pdf)
- Customer Journey Stations - A one-pager exercise guiding you through the critical moments of dealing with customers (1 page pdf)
THE BUSINESS IDEA
Message therapy has become a necessary need making it a profitable business venture. As a massage therapist, you will offer your services to alleviate the mental, physical and emotional stress of other people. This business idea provides you an opportunity to help others while being self-employed.
The prime requirement for this business is a license. You will additionally require restful nature, compassion, and experience in massage therapy. You will also be dealing with people of different natures, so communication and tolerance are critical. Advertise your business by distributing flyers in spas, barber shops, hospitals, gym, fitness clubs, and shopping centers.
You can also promote your business by offering a few free sessions. You can start this business from home and do home visits to offer services. Another option is to establish an office to serve clients. Working from home will have fewer startup costs and all profit will be going to you. It is best to first develop a customer base by working from home and then opening a retail space. You will need an easy to use the website to find, book and retain clients.
Target your local community by distributing flyers. Reward programs are the simple and best way to attract new clients and retain previous ones. However, your healing skills should be strong enough to warrant return visits.
You will be dealing with a variety of clients ranging from athletes, overworked employees to patients of the sports rehabilitation center.
- Massage center: Establish a massage center in a prominent community location. Prefer location near hospital, swim, running and biking clubs, fitness center, and gym.
- Massage stand: You can also offer massage services on weekends at different beaches and provide 7- to 20-minute on-site treatments to your customers.
- In-Home: You will be offering massage services at your home to target potential customers in your locality.
- Print marketing: To promote your business you need to send sales letters and brochures to health and safety coordinators, health clubs and spas; athletic shoe and clothing shops; vitamin and nutrition shops.
The startup cost for a massage therapist business idea is high. You can generate a high return on investment due to the increasing demands of this business. Contact Business Titans to learn more about the potential revenues and costs to run this business.
THE KEY BENEFITS OF THIS PROJECT
- A business with extreme flexibility, passion, and sense of satisfaction that can be operated part-time.
- Once established you will be dealing with numerous clients. You will be able to control what you sell
- Low production costs as equipment are highly inexpensive. You will earn more than you have spent.
- High startup investment with huge profit potential.