What are the main limitations of synthetic data generation for niche industries like beauty salons?
Synthetic data fails to capture the real-world complexities and irregularities of salon operations. It smooths over important friction points like last-minute appointment changes, service duration variations, and payment timing differences that significantly impact cash flow forecasting. It also misses event-driven patterns where clients book multiple appointments before weddings or vacations, creating unrealistic models that don't account for real-world constraints.