I just finished reading a book called “Success Beyond Work” by Colleen Halloway and was really disappointed. Her main focus is on how to sell a business not anything that really has to do with the title first of all.

She said she sold her business for over 6 figures. My first thought was that poor soul who paid that much when they could have really started a business for much less or even bought a massage envy franchise or other franchise. I wonder how they are doing. But then I am glad that she got something out of her business.
The thing about a massage business in which you personally work doing all of the massages is that it isn’t sellable.

Hiring subcontractors, employees or finding people to sublease your office space is about managing people and is a big job in itself. I know in my process to sublease my office space, finding good, reliable massage therapists who are self starters are hard to come by. You wouldn’t believe the number of people I get applying for jobs not even knowing if there were any jobs. I get resumes with no cover letters stating their intent. I get calls asking if there are any job openings but not any mention of what they are willing to do - well this is a whole other topic - finding a job.

Deciding if buying a massage business is more about figuring out if it will be worth it. There are so many other options available, I say if you have the kind of money to buy a business, you should be able to start and build a business for half of that or even less.

This entry was posted on Saturday, August 12th, 2006 at 10:49 am and is filed under Building Your Practice, The Wealthy Massage Therapist. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.