A new report published by Allied Market Research, titled, “Spa Services Market by Type and Geography – Global Opportunity Analysis and Industry Forecast, 2022-2031”. Global Spa Services market size was valued at $73,512.93 million in 2020, and is projected to reach $423,253.69 million by 2031, registering a CAGR of 17.3% from 2022 to 2031. The report […]
Tag: spa owner
Med Spa Owners: How much money can IRS Section 179 save you in 2022?
IRS Section 179 Deduction The IRS Section 179 tax code permits businesses to deduct the full purchase price of qualifying software and/or med spa equipment purchased or financed within the current tax year. This means that if you lease a piece of med spa equipment that qualifies for this deduction, you may deduct the Full […]
What You Need To Know About Buying Refurbished Cryotherapy Machines
Electric cryotherapy machines are pricey for new cryo owners, which is why refurbished cryosaunas can be such great deals. But these devices get a bad reputation because sometimes products labeled as “refurbished”… haven’t been. A true refurbished cryotherapy machine has been inspected, tested and repaired so it can function like a new unit, though it […]
How Offering Financing with Cherry Can Boost Your Med Spa Sales
Aesthetic services at a medical spa or cryotherapy center can be pricey, which can deter some people from getting treatments as often as they’d like or even at all. That’s where Cherry comes in—a point-of-sale financing company that offers patients the option of receiving services now and paying over time through equal monthly payments. How Does […]
The Importance of Content Marketing in Promoting Your Medical Spa
The medical spa industry is rapidly growing and is estimated to reach a global value of $27.6 billion by 2025.[*] This is great news for medical spa business owners, but with rapid expansion also comes a surge of competition. To stay ahead, dialing in your marketing plan is essential. Thankfully, in today’s digital age, effectively […]
Which Cryotherapy Services Should You Offer at Your Business?
When starting a cryotherapy business, one of the most important steps is choosing what services you’ll offer. Now, you might be thinking, “Isn’t cryotherapy only one service?” Actually, no! You might be surprised to learn that there are several different cryotherapy services to consider. Choosing the right cryotherapy services is the foundation of your patients’ […]
The 5-Step Medical Spa Business Blueprint That Delivers Every Time
With the global spa market expected to grow by over $22 billion from 2021 to 2025, there’s never been a better time to start a medical spa business.[*] So, where do you start? The answer is with a well-thought-out business plan. Why do you need a medical spa business plan? If you’re looking for potential […]
Dear Cryotherapy Industry: Cryo Is Not Treatment, Says The Spa Butler
2-3 minutes in a cryotherapy sauna or cryochamber is a real treat for the body. But an actual “treatment,” it’s far from. Cryotherapy’s popularity has yet to reach peak figures, meaning that the industry continues to grow and provide opportunities for entrepreneurs and health pros to get in on the action. (The Spa Butler specializes […]
Whole-Body Cryotherapy: Preventing and Managing Muscle Soreness After Exercise
People from all walks of life have long used forms of cryotherapy—such as applying ice—to assist injuries and soothe muscles. In fact, it’s not uncommon for endurance athletes to spend several minutes in an ice bath post-exercise to speed recovery and ward off soreness. While those methods worked well enough, a new approach to cold […]
What Equipment Should I Purchase When Starting a Med Spa Business?
When starting a medical spa business, the equipment you choose is undoubtedly the most important aspect. Sure, top-notch customer service and a solid business plan are essential, but in-demand treatments that provide significant results are the backbone of any successful med spa. With so many equipment options available, it can be challenging to know which […]