China’s Middle Class Runs Out of Money! Beauty Industry Collapses, 99% of Salons Shut

Never open a beauty salon, never open a beauty salon, never open a beauty salon — I’ll say it three times because it’s that important. Especially this year, there are so many newcomers with no experience. People often say, “How great would it be to open a beauty salon in my hometown? Look how much money they’re making, how profitable it is.” They think it’s a way to make money while getting beautiful at the same time. But here’s the thing: insiders know the real situation, while outsiders just see the excitement. Those who have been in the beauty industry for years already know this. I now wish I could just close my shop. Why? Because what you think is a profitable industry was our reality 10, 20, or even 30 years ago. Now, the whole market environment has gone downhill. So, if you’re thinking of opening a beauty salon this year, I can confidently say there’s a 99% chance you’ll close it within three months. For many newcomers, my advice is simple: find a job and avoid opening a beauty salon in these next few years. Trust me, it’s better to stay away from it. Join this channel to get access to perks:    / @chinaobserver0   #chinaobserver All rights reserved. ⭐You can support us at: https://donorbox.org/china-observer-s... ⭐For business cooperation, please contact us: [email protected]