How Much Money Can A Cosmetic Tattoo Business Make In Australia?

Since the beginning of the 21st century, tattoos and body modifications have become increasingly popular. Recently in Australia, however, a new beauty trend is taking over many tattoo shops and beauty salons. Cosmetic tattooing has taken Australia by storm and is opening doors for many talented tattoo artists and specialists to not only make an excellent wage but open their own small business.

Cosmetic tattoos are a special kind of tattoo that are typically applied to facial features to make them more prominent and look better. Some examples include eyeliner tattoos, eyebrow filling, and lip tattoos. Cosmetic tattooing is also referred to as micro-blading in many instances.

If you can see yourself specialising in this service and hope to open your own cosmetic tattoo business, it is crucial to understand what you will need to start and maintain to promote growth and long-term success.

Requirements

The first and arguably most important step into opening a cosmetic tattoo business is acquiring all the necessary licenses and documentation to authenticate your skill in the field. Just because you are a good cosmetologist does not always mean you will be adept as a tattoo artist.

In Australia, cosmetic tattoo artists must obtain certification from an experienced tattoo artist who is in possession of a Training and Assessment (TAE) certification.

The next step is finding a location to meet with customers and perform operations. Laws regulate that operation premises be maintained with high standards of infection control. Cosmetic tattoo businesses must comply with the Health Regulations 1998 code and the Code of Practice for Skin Penetration Procedures.

Expenses

Beyond infection control specifications and microblading licenses, there are a few other initial expenses you will want to think about when opening a cosmetic tattoo business. Although you and your clients should have complete confidence in your services, it is crucial to have the right insurance for your business.

With any small business, one unhappy customer can be detrimental to the long-term success of the business. Although it is difficult to control what people say, it is easy to be prepared for any financial threats unhappy clients make. Being insured with comprehensive cosmetic tattoo insurance will protect your business from property damage, liability claims, business interruption issues, theft and vandalism, natural disasters, and a variety of other accidents.

To avoid paying out of pocket when something goes wrong, make sure your insurance provider supports your business and understands what it is you do. One way to search around for cover is to use our instant quote generator, where you can get an estimate on market-leading insurance in seconds! Simply enter your occupation and expected revenue to get started!

Another expense that can lead to a daunting initial investment is purchasing equipment. Not only will you need a reliable tattoo machine, but you will also need to furnish your operating room or office space. Many experts estimate starting a tattooing business costs around $25,000, but that number may vary depending on your situation.

Writing a business plan will help you outline your predicted expenses so you can manage your cash flow better.

Potential

So, you understand what you need to do to start the business, but will it make money? The short answer is yes. Cosmetic tattooing and microblading have become increasingly popular amongst Australians with the innovation of new and highly accurate tattooing machines. The estimated cost of a cosmetic tattoo procedure starts at $300 and can reach prices upwards of $800.

The market is largely new and unexplored by both consumers and business owners, so the potential for growth is solid. With any tattoo service, without clients, you cannot make money. Make sure to offer your customers the best experience possible so they can tell their friends and keep them coming back. Cosmetic tattoo artists can also diversify their services to reap even more profits from this enticing new beauty industry.

Summary

Understanding the requirements, expenses, and potential of cosmetic tattooing will help you decide if the field is right for you. Another important decision to weigh is your insurance coverage. Utilising our instant quote generator is a great first place to start.