What if your salon is no longer profitable and you are experiencing financial stress?

As a hairdresser or salon owner, you work hard, often long days, with love for your profession and your customers. Yet it is increasingly common for hairdressers — especially independent entrepreneurs — to to get into financial difficulties. Rising costs, fewer customers, debts to suppliers or the tax authorities… and suddenly the overview is gone. In this blog we discuss the causes, consequences and solutions for financial problems in the hairdressing industry.

The reality of many hairdressers

Many hairdressers recognize this pattern:

• Your property's energy bill has doubled.
• The cost of products and materials has increased.
• Customers return less often or postpone appointments.
• You hardly have anything left at the end of the month.
• Meanwhile, taxes, rent and other obligations continue as usual.

Hairdressers are extra vulnerable because it often involves small margins, seasonal influences en personal dependency of a regular clientele. If something goes wrong — illness, absence, renovation, or corona debts — the situation can quickly escalate.

Common Debts in the Hairdressing Industry

1. Tax debts:
   Mainly due to deferred corona payments or forgotten VAT payments.
2. Rent arrears:
   Especially if you rent a salon in a shopping street or building with high service costs.
3. Outstanding invoices from suppliers:
   For shampoo, toners, dyes and care products.
4. Personnel costs:
   If you have employees, payroll and insurance costs put a heavy burden on your budget.
5. Private debts:
   Such as a personal loan, credit cards or overdraft that has been created to plug holes in the company.

Shame and silence hold you back

Many hairdressers wait too long to seek help. They keep hoping that things will get better. That the next season will work. In the meantime, the stress is growing. And especially the shame:
“I should be able to do this. I don't want to let my customers and staff know that things are going badly.”

But you are not alone. Every year, thousands of entrepreneurs seek debt assistance — also in personal services. And with the right guidance, recovery is possible.

How we help

At Zuidweg & Partners we have been supporting entrepreneurs in financial difficulties for over 25 years. Also in the hairdressing industry. What we do:

• We map out your complete financial situation
• We contact creditors and tax authorities
• We help you make feasible payment agreements
• We advise you in the event of a possible restart or termination
• We also look at your private situation, because this is often connected to your company

Our help is personal, practical and without judgement. You don't have to do everything alone anymore.

Recovery is possible — but don't wait too long

Every day you wait, the costs and worries add up. But the sooner you seek help, the more you can save. Even if you think: “It's already too late.” there is often still a solution.

Do you recognize yourself?

Do you recognize yourself in (part of) this situation and do you no longer want to walk around with worries? We are ready to help you. Do not wait until the problems increase and take control of your financial future today. Click on the button 'Apply for debt assistance now' and take the first important step towards peace and security for you and your company.