Guest post from Emma Jones, Founder of Enterprise Nation, the home business website, and author of ‘Spare Room Start Up – how to start a business from home’ .
According to retail experts, the health and beauty sector is in rude health; thriving, they say. So if you’re wondering which sectors present good options for a new business start-up, this could be the sector for you. Here are a few facts and figures you may find interesting and some business ideas you might like to try.
A healthy prognosis
Researchers at retail consultancy, Verdict, have published a report saying the health and beauty sector is set to grow by 2.7% this year. It’s already worth £16.3bn to the UK economy so the figures are impressive. The report sets out a couple of reasons as to why the sector is in such good shape, including people’s increasing concern with health and wellbeing and a growing market in male-grooming.
But not only does this sector offer economic opportunity, it also offers happiness. That’s according to business owner Nathalie Page who runs a make-up school from her home and says: “Beauty therapists are rated as the happiest workers in the UK scoring a massive 9/10 according to a City & Guilds happiness index” Wow. Being in the beauty business brings health, wealth and happiness! Nathalie goes on “The beauty industry is a great business to be in - suitable for those wishing to retrain either after redundancy or children.”
So let’s look at the options and ideas you can start.
Whichever way you decide to go, start taking steps now whilst this sector thrives!