{"id":183,"date":"2021-04-12T14:42:00","date_gmt":"2021-04-12T14:42:00","guid":{"rendered":"https:\/\/www.simplybusiness.co.uk\/about-us\/press-releases\/cost-of-covid-to-hair-beauty-industry\/"},"modified":"2025-12-17T14:48:24","modified_gmt":"2025-12-17T14:48:24","slug":"cost-of-covid-to-hair-beauty-industry","status":"publish","type":"page","link":"https:\/\/www.simplybusiness.co.uk\/about-us\/press-releases\/cost-of-covid-to-hair-beauty-industry\/","title":{"rendered":"Cost of Covid-19 to hair and beauty professionals reaches over \u00a311,000 each but confidence about recovery remains"},"content":{"rendered":"\n<div class=\"wp-block-group alignfull has-no-margin hero-bg has-global-padding is-layout-constrained wp-block-group-is-layout-constrained has-background\" style=\"padding-top:var(--wp--preset--spacing--150);padding-bottom:var(--wp--preset--spacing--150);background-image:url(&apos;https:\/\/www.simplybusiness.co.uk\/wp-content\/themes\/simply-business-uk\/assets\/images\/faq-bg.png&apos;);background-size:cover;\">\n<h1 class=\"wp-block-heading has-text-align-center has-azure-700-color has-text-color has-link-color has-max-huge-font-size wp-elements-9dd1502272bc352de28199652ce56a4e\">Cost of Covid-19 to hair and beauty professionals reaches over \u00a311,000 each but confidence about recovery remains<\/h1>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Cost of Covid-19 to hair and beauty professionals reaches over \u00a311,000 each but confidence about recovery remains<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"wp-block-list-item\">Covid-19 has cost hair and beauty professionals \u00a311,603 on average and expect losses to rise beyond \u00a312,800, new research reveals<\/li>\n\n\n\n<li class=\"wp-block-list-item\">All hairdressers, beauticians and salon owners that temporarily stopped trading during the pandemic (85%) expect to continue or restart their current business. The same number that permanently ceased trading (9%) have started a new business<\/li>\n\n\n\n<li class=\"wp-block-list-item\">Two thirds (66%) say the vaccine rollout has made them more confident about business recovery and over one in three (36%) remain confident about life after lockdown<\/li>\n\n\n\n<li class=\"wp-block-list-item\">Despite the challenges, hairdressers, beauticians and salon owners are optimistic about recovery with over 99% expecting their business to survive past 2021<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">As salons across England reopen their doors, and mobile hairdressers and beauticians resume trading, a new report reveals Covid-19 has cost hair and beauty professionals over \u00a311,000 each on average \u2013 but despite this, they\u2019re confident of bouncing back.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The study of hairdressers, beauticians and salon owners by small business insurer&nbsp;<a href=\"https:\/\/www.simplybusiness.co.uk\/\">Simply Business<\/a>&nbsp;found that since the beginning of the pandemic, owners have lost \u00a311,603 on average in earnings.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">What\u2019s more, hair and beauty professionals expect the losses to continue for some time \u2013 anticipating that Covid-19 will eventually cost them \u00a312,801 each on average in total, despite the re-opening.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">One in 10 have gone out of business<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In total, 85% of hair and beauty professionals have had to temporarily stop trading during the pandemic and almost one in 10 (9%) have permanently shut down their business \u2013 showing just how badly the industry has been hit. At the same time, only a quarter (26%) have been eligible for furlough.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Resilience and optimism for the future<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, despite the challenges, there are reasons to be encouraged.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Over 99% of hair and beauty professionals expect their business to survive past 2021, while 100% of businesses who have had to temporarily stop trading during Covid-19 plan to continue with their current venture.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Meanwhile, there are just as many hair and beauty professionals planning to start a new business as there are who said they\u2019ve permanently ceased trading (9%).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Furthermore, the vaccine rollout has boosted confidence among hairdressers, beauticians and salon owners. Two thirds (66%) say the rollout has made them more confident about the recovery of their business, and over one in three (36%) remain confident about life after lockdown.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Hair and beauty professionals have also used the pandemic to spend more time with family where they can (62%), focus on themselves (35%), rest (34%) and learn new skills (20%).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Alan Thomas, UK CEO at Simply Business comments:<\/strong>&nbsp;<em>\u201cThe hair and beauty industry has been hit particularly hard in this last year, and the scale of the impact on small businesses and the self-employed is abundantly clear in our latest research. Covid-19 has cost hairdressers, salons, and beauticians over \u00a311,000 each on average, which is a huge collective loss to the economy.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>\u201cMore importantly beyond the economic hit, we should recognise that behind each of these small businesses is a small business owner \u2013 each with families, livelihoods, and dreams. The impact of the pandemic on so many of these individuals and their communities has been devastating, both financially and emotionally.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>\u201cAgainst such a tough backdrop it\u2019s inspiring to see small business owners display such resilience and this is especially true for the hair and beauty sector where almost every professional, whether mobile or in a salon, believes they\u2019ll operate beyond this year. So as hair and beauty professionals prepare to safely reopen their doors, there are reasons to be hopeful &#8211; including the end of lockdown DIY hair and nail treatments!\u201d<\/em><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">-Ends-<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Methodology:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Data: Survey of 175 hair and beauty salon owners from across the UK, conducted March 2021 as part of wider survey of 1,206 small business owners into the impact of Covid-19 one year on<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">For further information, please contact:<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Frank PR<br><a href=\"mailto:SimplyBusiness@welcometofrank.com\" target=\"_blank\" rel=\"noreferrer noopener\">SimplyBusiness@welcometofrank.com<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading wp-block-block\">About Simply Business<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><a target=\"_blank\" href=\"https:\/\/urldefense.com\/v3\/__http:\/simplybusiness.co.uk__;!!N96JrnIq8IfO5w!hIDMrGse3KHfJu5_CiqiOsFWnj8k1HROe8Oqz7zCb7P2qVQXkH81IbN1SpIhNqbbhmdQrc22NsXe3U9O5ajDdkHOTa_CgxPfLGQ$\" rel=\"noreferrer noopener\" rel=\"noopener noreferrer\" target=\"_blank\">Simply Business<\/a>\u202fis one of the UK\u2019s biggest business insurance providers, specialising in public liability insurance for small and midsize enterprises. Launched in 2005, Simply Business provides an online brokerage service, delivering policies tailored to individual business requirements.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Using the power of tech and data to create the best possible customer experiences, Simply Business employs over 1,200 people across offices in London and Northampton, UK; and in Boston, Massachusetts; and Atlanta, Georgia, in the U.S. Owing to the insurance provider\u2019s internal underwriting capability and expert panel of insurers, Simply Business can cover over 1,200 trade types \u2013 ranging from plumbers to accountants to dog walkers.\u202fIts UK brand campaign \u2013 \u2018<a target=\"_blank\" href=\"https:\/\/urldefense.com\/v3\/__https:\/www.simplybusiness.co.uk\/campaign\/small-businesses-deserve-our-best\/__;!!N96JrnIq8IfO5w!hIDMrGse3KHfJu5_CiqiOsFWnj8k1HROe8Oqz7zCb7P2qVQXkH81IbN1SpIhNqbbhmdQrc22NsXe3U9O5ajDdkHOTa_CxklTDMU$\" rel=\"noreferrer noopener\" rel=\"noopener noreferrer\" target=\"_blank\">Simply The Best<\/a>\u2019 \u2013 aims to help UK small businesses feel \u2018the best\u2019 about their business insurance.<\/p>\n\n\n\n<div class=\"wp-block-group has-azure-800-color has-cyan-100-background-color has-text-color has-background has-link-color wp-elements-101cbde2ee0c57c7d6d0d48cbb8134b8 has-global-padding is-layout-constrained wp-container-core-group-is-layout-80fb368b wp-block-group-is-layout-constrained\" style=\"border-radius:8px;padding-top:var(--wp--preset--spacing--30);padding-right:var(--wp--preset--spacing--30);padding-bottom:var(--wp--preset--spacing--30);padding-left:var(--wp--preset--spacing--30)\">\n<p class=\"has-text-align-center wp-block-paragraph\">We create this content for general information purposes and it should not be taken as advice. 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professionals reaches over \u00a311,000 each but confidence about recovery remains Cost of Covid-19 to hair and beauty professionals reaches over \u00a311,000 each but confidence about recovery remains As salons across England reopen their doors, and mobile hairdressers and beauticians resume trading, a new report reveals Covid-19 has cost [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":28050,"parent":131,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"sb_hreflang":"","sb_hreflang_url":"","disable_breadcrumbs":false,"sb_breadcrumbs":[],"sb_faq_schema":"","sb_phone":"","sb_header_url_text":"","sb_secondary_logo":0,"sb_secondary_logo_url":"","sb_show_primary_cta":true,"sb_primary_cta_text":"","sb_primary_cta_url":"","sb_show_secondary_cta":true,"sb_secondary_cta_text":"","sb_secondary_cta_url":"","sb_show_contact_cta":true,"sb_contact_cta_id":"","sb_primary_cta_id":"","sb_secondary_cta_id":"","sb_no_sticky_header":false,"sb_show_last_updated_date":"","sb_enable_replacement_text":false,"sb_replacement_h1":"","_sb_hreflang_stale":false,"footnotes":""},"hidden-category":[],"import-page-type":[],"coauthors":[50],"class_list":["post-183","page","type-page","status-publish","has-post-thumbnail","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium 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