In this episode, Nicole and Alicia walk you through Realistic cost breakdowns for opening a salon in Toronto—from buildout to insurance, with tips on budgeting and surprise expenses

They'll break down:

• The Big Categories – What You'll Spend On
• Renovations & Buildout Costs
• Furniture, Equipment & Fixtures
• Licenses, Legal, Insurance & Admin
• Inventory, Branding & Other Start-up Costs
• Funding Your Salon
• Budgeting Advice + Surprise Costs
• Ongoing Monthly Costs You'll Need to Budget For
• Tips to Stay Financially Sane

If you're planning to open a salon in Toronto, Ontario, this episode is your go-to guide—but it also serves as a helpful reference for salon owners anywhere. Please ensure you check with your local government for regional laws and procedures.

💡 Avoid expensive mistakes and set yourself up for success by setting a budget and a buffer.

✅ Cheat Sheet for Listeners 

• Use a spreadsheet to track every category of expense
• Add a 10–15% buffer for unexpected costs
• Prioritize insurance, electrical, plumbing, and legal support
• Look for used equipment—but invest in comfort and plumbing-related pieces
• Always ask for detailed quotes before committing to renos
• Startup Budget Template (Google Sheets) (you can create a branded one to share with listeners)
• Futurpreneur Startup Funding
• Women Entrepreneurs Ontario
• BDC Loan Programs

Find us on Instagram
@hello.positiveimage @nicole.manzer @aliciacreate

Email us any ideas, suggestions, or comments
hello.positiveimage@gmail.com

Work with Nicole
manzermethodcoaching@gmail.com

Work with Alicia
alicia.lumsden.to@gmail.com