Salons – Ancient Industry Thriving In Revenue
An Ancient Industry – Nail Salons, Hair Salons, Beauty Salons
What’s an industry as old as recorded time? Spa services.
From the Roman bath houses, to the ancient spa practices throughout Asia, to everywhere in between, pampering ourselves for health, relaxation, and beauty has long been a part of our human heritage.
Without surprise, the Beauty, Barber, and Nail Industry is strong and growing!
In California alone, the Beauty, Barber, and Nail Industry:
- Brings $6 Billion in annual revenue
- Employs over 197,000 people
- Consists of over 155,000 businesses
Over the next five years, the industry is expected to experience a 2.1% national yearly growth. The sector will employ more people and new businesses will be opened to respond to the increased demand.
HDA Insurance has a dedicated insurance program offering a very affordable and competitive insurance option for these businesses. The Business Owners Package offers a simple and economic coverage option beginning with General Liability and a few add-ons; however, the program is fully customisable for business owners who wish to cover their Inventory, Signs, Business Personal Property, Loss of Income and even for those who own the building and need Building Coverage.