There’s no doubt that the beauty industry offers some of the most promising opportunities for entrepreneurs in 2021. What makes this multi-billion dollar industry such an attractive option is the incredibly high demand for beauty products and services. This means that there are plenty of ways to join the field, start a beauty business, and begin making profit.
The best part? Some of the most profitable business ventures require rather low capital investments. If you’re someone who’s looking to get their foot in the door, here are five beauty business ideas for 2021.
Start a manicure and pedicure business
There are women who enjoy the process of beautifying their hands and feet on their own. In fact, a DIY at-home manicure and pedicure can be quite relaxing because of the therapeutic benefits. However, there are also women who don’t really have the time, skills, tools, or products to do this by themselves. This is where a manicure and pedicure expert can come in handy.
Starting a manicure and pedicure business is a beauty business idea that doesn’t require renting a space every month. What this essentially means is that you can offer these services and work from home if you want. After a while, you can include certain service add-ons to boost your business’ profitability. This can be anything from anti-aging hand masks and nail art to salt glow skin polishing and paraffin wax treatments.
Offer Botox and dermal filler services
It goes without saying that Botox, along with dermal fillers, is one of the most sought-after treatments right now. This is mostly because these treatments are minimally invasive and require minimal downtime. While the popularity of these commonly called “lunchtime treatments” is undeniable, it’s important to note that administering these injectables is something that can only be performed by individuals with necessary certifications.
Individuals looking to offer these services will need to attend certified botox and filler training courses and meet certain requirements. You can take these courses together or just attend the Botox training course, and you can conveniently complete them online. After that, you’ll be able to deliver professional, long-lasting results to your clients in a clinical and professional setting.
Sell homemade skincare or makeup products
Photo by Polina Kovaleva from Pexels
Some entrepreneurs’ idea of an ideal beauty business venture involves making and selling their own products rather than offering services. The truth is, many of us have certain beauty products we love and swear by. However, with “clean” makeup and skincare products taking over the cosmetics industry, there’ s now a high demand for natural, simple, and above all pronounceable ingredients. Nowadays, more people want to know exactly what goes into their beloved beauty products. As such, they’re willing to give a chance to any under-the-radar beauty brand that aligns with their values.
This opens the door for many aspiring makeup and skincare indie brands that focus on creating natural homemade beauty products. While selling homemade products can be a lucrative business idea, it’s important that the products are in line with regulations. Before selling your homemade products, check out FDA’s guidelines to make sure that you’re complying with laws and regulations.
Resell gently used cosmetics
For someone who has an interest in all things beauty, it can be difficult to resist a good beauty product. You see your favorite beauty blogger launching their own makeup line, so you head to the store to get it. You may also be interested in trying out skincare products you wouldn’t necessarily buy but want to experiment a bit. As a result, you end up with more products than you could possibly use in a year.
To put those overflowing makeup and skincare drawers to good use, consider reselling your new or gently used beauty products. Think about it – you get to recoup a fraction of what you originally paid and also free up some space. Just make sure that the products are in good condition and that they’re in line with the website’s policy.
Open your own hair salon
Some people just aren’t the type to work from home – they simply require a more dynamic environment to stay productive. If this sounds like you and you also love all things hair, you should consider opening your own hair salon.
Of course, you can get started working from home and eventually open your own place. In fact, this can be a great way to get some valuable experience and also establish your client base. Keep in mind that opening your own hair salon is a big responsibility, and it does come with certain risks. The process is also time-consuming and labor-intensive, and you’ll be taking on the role of the manager and the owner. That said, this thrilling business opportunity can also be very rewarding, not to mention lucrative.
Wrapping up
As you can see from the examples above, the opportunities to break into the beauty and cosmetics industry are numerous. Whether you aspire to sell cosmetics, provide beauty services in a clinic or from the comfort of your home, launch your own makeup or skincare line, or even open a salon, there’s certainly no shortage of amazing business opportunities for womenpreneurs in 2021. Use the ideas above to get inspired and start your exciting and profitable beauty business venture.
