But this doesn’t mean that success is impossible. In fact, across the country exciting lifestyle businesses are bucking the recession trend and building impressive, sustainable ventures in a difficult climate.
Blue Tit salon is one of those businesses. Situated in the heart of London’s East End and staffed by some of the capital’s most forward-thinking stylists, Blue Tit is offering catwalk-quality hairdressing in a luxurious environment.
Simply Business spoke to co-founder Andreas Hinteregger to find out about the realities of starting a salon in a recession, from choosing premises, arranging shop insurance to planning for expansion.
Watch the video below: