November brought a mixed picture for salons, but there are still positive signals. Nearly a third (29%) saw treatment revenue rise compared with last year, while a further 24% held steady – a reminder that strong client relationships and service continue to pay off even in challenging conditions. The upcoming minimum wage increases are prompting many salon owners to rethink their financial strategies. Two-thirds say they’ll raise prices to protect margins, while 11% are in a position to absorb higher wage costs – a sign of resilience within the sector.
Although 87% feel the Budget will make operations tougher, salons continue to innovate, adapt and prioritise quality. With thoughtful pricing, smart scheduling and a strong service culture, the coming months still present opportunities for sustainable growth.
On the spot
How will the National Minimum Wage increase due in April affect your business?
1. We’ll need to raise prices to cover higher wage costs (66%)
2. We may need to reduce hours or adjust staffing (18%)
3. We can absorb the increases without major changes (11%)
4. I’m not sure yet, still reviewing the numbers (5%)