To start a massage business, determine the services to offer, lease a space, choose a business name, file the necessary documents, apply for EIN and secure financing. Business owners should also apply for the relevant insurance to protect them from malpractice and liability.Continue Reading
First, decide on the specific massage services to offer based on the target clients. Lease a space, keeping in mind the start-up capital. Another option is to work with an established massage business, build a client based and move to a retail space.
Next, pick a business name that best represents the business and services offered before registering the massage business with the relevant authority. Fill out the relevant paperwork, such as incorporation documents, and file them with the state’s office. It is a good idea to hire an attorney to write the incorporation documents to determine the specific category the business falls under.
Apply for an EIN, which is required when opening a business checking account and hiring employees. Lastly, secure financing through small business loans, personal savings and donations from friends and family. Write a comprehensive business plan to show to lenders to increase the chances of getting funding. Work with an insurance agent to determine the best type of insurance for the business to avoid malpractice and liability suits.Learn more about Business Resources