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Business

Beauty supply store conference hopes to promote black ownership

by theGrio | June 25, 2012 at 1:16 PM
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A beauty supply store conference held by the Beauty Supply Institute will provide store start-up information in the  hopes of helping African-Americans regain a major presence in industry ownership.  From a consumer standpoint blacks dominant the beauty supply industry, while only owning 3 percent of the stores nationwide. Black News reports:

Beauty Supply Institute will be holding its 3rd annual Beauty Supply Entrepreneurship Summer Conference in Atlanta, Georgia on August 4, 2012.

Beauty Supply Institute, an organization founded in 2007 as Taking it Back University, is an organization that trains hundreds of individuals annually on how to get into the $15 billion dollar beauty supply sector, a sector largely supported by Blacks but not dominated by them with just 3% of industry owners being Black while 96% of the revenues generated are by Blacks, instantly propelled to the national stage when launched. Currently, there are approximately $13,300 stores nationwide and of those roughly 400 are black.

The company’s first resource was the best-selling book, “Taking it Back: How to Become Successful Black Beauty Supply Store Owner” and now has almost 20 courses, business plan development, location selection services and more.

Beauty Supply Institute will be holding its 3rd annual Beauty Supply Store Start-Up Summer Conference in Atlanta, Georgia delivering 6 courses, the How to Become a Beauty Supply Store book, Beauty Supply Resource book, Product Database file, and a Quick Start tips audio CD, and a free lunch.

Click here for the full story.

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Filed in: Business | Related Topics: Beauty Products, Beauty Supply Institute, Business, Conference, Consumers, Hair, Owners, Ownership, Stores
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