This is one of the top most mistakes made by hair salon owners. It is important that you have ample knowledge about the industry you are entering, your competitors, your target market, current trends, advertising and marketing techniques as well as financial know-how. Lack of knowledge can lead to loss of profit because clients want the up to date services. If hairdressers are not skilled that can affect the business because no good services no customers. Most hair salon owners are not skilled yet they open hair salon without knowledge of what they are venturing into that also affect the business because the owner does not know what is needed and the market research about the industry she/he has entered. You must possess the skills needed