It is certain that every woman wants to look good and beautiful. The existence of many beauty salons in Nigeria has made them more accessible.
Since most women will go the extra mile to look attractive in the eyes of Men and among their fellow women, the hair salon business is a good option.
The hair salon business has lots of competition that most find it difficult to succeed in it.
Nevertheless, there are still many that started this business a long time ago and are still among the best to date.
This article is prepared to explicitly explain the step that should be taken to start a long-lasting and successful hair salon business.
Things To Consider Before Starting A Hair Salon Business
There are a lot of factors that one needs to consider before venturing into the hair salon business.
Below are some of them;
Before starting a hair salon, you need to do lots of research to know the type you want to start and the amount it will take to start it.
The cost of equipment, the cost of shop renting, and the cost of hiring workers should all be considered.
As stated above, the size of the hair salon you want to start should be among the first things you need to consider.
Whether it is a big one or a small one should all be dependent on the capital you have at hand.
Your Target Audience
Before starting a hair salon you should consider the type of people you want to patronize your business.
If you wish to be patronized by elites, then you should be ready to spend more in making all equipment needed available.
If you want to start small then be ready to accept mostly average people as your customers.
Quality Of Your Skill
You should also know the extent your skill can work for you. If you are very good then your skill will speak for you.
But if you have the money but do not have the skill, you can easily hire someone with good skills.
The number of satisfied customers you will get in the future depends on the quality of your skills you have.
Is Hair Salon Business Profitable?
Yes, it is lucrative because there is a high demand for the services of the business.
Every lady, girl, or woman wants to look beautiful and as such, they are ready to spend money at all times to look good.
It is also lucrative because aside from services like fixing a weave on, plaiting, washing, and retouching of hair, they also revamp wigs, sell wigs, install wigs, and other hair equipment.
How To Start A Hair Salon Business In Nigeria
Below are some of the basic steps in starting a hair salon;
Learn The Skill
The first thing to do if you want to be the one making your customer’s hair is to learn the skill of hairdressing.
You have to learn how to make different hairstyles so that your customers will not have a reason to leave for another shop.
You also need to be updated on new styles that others are making to avoid losing customers.
Get The Required Capital
Another thing you need to do after learning the skill is to get the capital needed according to the size of the business you want to start.
Bear in mind that this capital comprises the shop rent, hair equipment, and materials.
If you feel you do not have enough capital saved up, work for another salon or better still start home service until you save up to start yours.
The capital needed to start a standard hair salon is about N500,000 to N1,000,000.
Choose A Location
Now is the time to choose a suitable location. Look around to find a place where potential customers reside and owners will be willing to rent.
Make sure you find a location where people can easily locate.
Buy The Equipment Needed
The kind of equipment you buy for your hair salon depends on the capital you have at hand and the kind of salon you want to open.
If your capital is not so big, buy tokunbo equipment as this will help reduce costs.
Some of the equipment includes:
- hair straightener
- Blow dryers
- Hair curlers
- Standing dryer
- Wash hair basin
- Table with drawers.
- Rubber and plastic gloves
- Shampoos and conditioners
- Comfortable chairs
- Carts and trolleys
- Tonging equipment
- Fan or air conditioner
Start With Grand Opening
You don’t need to wait for the perfect time to get your business running if you have finished furnishing your shop.
Starting with a grand opening or opening ceremony is a good way to go about it as this will help increase your publicity.
For this, you need to decorate your shop, hire a DJ, cook, and also invite friends and family.
During this ceremony, inform them of the commissions you give on each referral and also discounts for every hair they make.
This will help increase your potential customers as they will definitely grasp the opportunity.
The high demand for hair services has increased the success rate of hair salon businesses.
You don’t necessarily need to start big if you have the skill but don’t have the required capital to start big.
All you need to do is to read the above article carefully to understand where to start if you are having doubts.