How to Start a Makeup Business

How to Start a Makeup Business
Want to start a makeup business? Find out how to start a makeup business and the requirements for it. Discover the top 3 trending makeup products. Visit Square.
by Square Jul 06, 2022 — 6 min read
How to Start a Makeup Business

Fuelled by social media, the makeup industry is booming, making it a fantastic opportunity for ambitious entrepreneurs. No matter whether your interest lies in the product or the service side of the industry, with the right plan, dedication and niche a beauty business has the potential to go big.

Benefits of owning a makeup business

Before we get to the how, let’s first look at the why. Why should you choose to start a makeup or beauty business? There are a few good reasons:

A popular product or service: As mentioned above, while they’ve always been popular, makeup products and services are currently experiencing a real surge in popularity, thanks in part to the rise of social media. One look at YouTube, Instagram or TikTok shows the prevalence of makeup tutorials and influencers.

Low barrier to entry: All you need to start a makeup artist business is time, talent and a few basic supplies. All you need to start a makeup product business is time and a bit of capital. The upfront investment here is far lower than other businesses.

Multiple selling options: You can either sell makeup as a product, or you can professionally apply makeup. This is one of the few industries where there’s an equal opportunity to start a product or service-based business.

Customisable and scalable: You can have a lot of fun creating a makeup business. You can make it your own by selling or making unique products, or specialising in a particular style.

Requirements to start a makeup business

If you’re wondering how to start a makeup making business at home, or a travelling makeup artist business, the first thing you’ll need to understand are the requirements.

Skills and knowledge

The depth of skills and knowledge you need will depend on the type of makeup business you plan to start. You might need skills and knowledge in:

Licences and permits

According to the Department of Health, the regulatory body in charge of cosmetics, almost all ingredients in personal care, skincare, make-up and cosmetic products are regulated as industrial chemicals for these uses.

As such you’ll need to register your business with the Department of Health if you:

If you create cosmetics from local ingredients in a way that doesn’t involve a chemical reaction, you don’t need to register your business with the Department of Health.

You do however need to register your business with the ATO by obtaining an Australian Business Number (ABN), and your company (if you create one) with ASIC by obtaining an Australian Company Number (ACN).

Decide the type of makeup business to start

What shape will your makeup business take? There are three main paths available to you:

The makeup industry is quite competitive, so the best way to succeed is to find your niche. Try to choose a specific type of product or service that you can market to a specific type of customer – which also makes stocking, marketing and running your business far easier – than do it better than anyone else.

Not sure where, to begin with your range of cosmetic products, or which types of makeup you should be used as a makeup artist? These three items form a perfect starting point.

  1. Mascara: No facial feature pops quite like the eyelashes, which is why mascara is such an endlessly popular cosmetic item. This enhancer can thicken, lengthen, darken or curl your lashes, which frame and draw people into the eyes.

  2. Foundation: Sometimes called ‘base’, the foundation is the skin-coloured liquid, cream or powder used to cover blemishes and even out skin tone. It’s wise to moisturise and prime the skin before applying the foundation.

  3. Lipstick: Lipsticks, including lip stainer, lip liner and lip gloss, are used to colour, tone and texture the lips. While it might seem like one of the simplest makeup products, there can be more to lipstick than meets the eye (or in this case, lips); you’ll need to know how to apply it properly, and will need to choose from a range of colours and finishes, like matte, cream, satin and gloss.

Essential equipment & materials needed to start a makeup business

The first step in how to start a makeup making business or makeup artist business is to get the necessary equipment together. Some of the items you might require include:

How much can I charge customers?

This particular question is a really tricky one to answer, as there are so many variables to consider. You might be selling cosmetics products or offering makeup services. You might be in the country or in the middle of a capital city. You might work from your home or rent a shopfront or salon.

With all this in mind, what you charge should be determined by a couple of main factors:

How to market your business

It’s time to turn to business development. You can’t expect that business will just come – you’ll need to go out and get it. Marketing a small business is a subject that deserves its own guide, but the most effective strategies include:

Appointment solution for makeup businesses

If you choose to become a makeup artist, one of the main challenges you’ll face will be scheduling your work. You want to maximise the amount of work you squeeze into each day while avoiding double-booking yourself.

Square Appointments helps you to do all this and more. Your customers can choose a service, and then browse your calendar to find an available time slot that suits them. As soon as they lock it in, your calendar blocks that time off – no more double booking!

Payment solutions for makeup businesses

At Square we aim to make starting your own venture as easy as possible, by offering a complete suite of affordable and easy-to-use payment solutions.

Now that you know how to start a makeup business, what’s stopping you? If you’re ready to create, sell or apply stunning cosmetics, Square is ready to help.

Square
The Bottom Line is brought to you by a global team of collaborators who believe that anyone should be able to participate and thrive in the economy.

Related

Keep Reading

Tell us a little more about yourself to gain access to the resource.

i Enter your first name.
i Enter your surname.
i Enter a valid email.
i Enter a valid phone number.
i Enter your company name.
i Select estimated annual revenue.
✓

Thank you!
Check your email for your resource.

x
Results for

Based on your region, we recommend viewing our website in:

Continue to ->