Owning a Vancouver-based Hair Studio // The Exchange #029

The Exchange with Sunil Prasad

Lo from Vancity Hair by Lo joined us on the podcast to talk about her hair styling business and salon and give us some insight into that industry and how it's been going here in Vancouver. (Timestamps below...)
Thanks for coming in Lo! Find her on Instagram: @vancityhairbylo
00:37 - Introduction to Lo's business, Vancity Hair by Lo.
03:02 - How Lo got started in business.
04:00 - Lo's expertise and some context to what she offers as a stylist.
05:10 - The business industry of hair: price, importing/exporting, techniques, etc.
10:20 - Lo's personal backstory.
11:45 - Client loyalty and comfortability in the salon.
* 14:29 - As a hair salon owner, what does your ideal client look like?
* 18:22 - Recruiting and acquiring talent has been our biggest challenge since opening our saloon. We've tried Facebook, Craigslist, etc... any suggestions?
* 24:30 - I'm a barber and tattoo artist and want to expand my business and reach more revenue. I also sing and rap and design clothes and need help as soon as possible!
* 26:41 - I own a small luxury service business and am thinking of lowering my prices to attract a wider clientele base... but would have to work a lot more to make what I'm currently making... thoughts?
* 32:02 - How best can I make my 4 month old hair salon profitable?
36:17 - Long term plans for Lo's biz.
* = question & answer