Nigeria is a country that
has a lot of youths that possess abundant
talents and really need to know how to use them. The essence to survive is
actually different from knowing or having what to survive. There are
lots of business opportunities in Nigeria that needs to be tapped. Most often
there is always the available market to do business, and usually, we
do not have the patience or the knowledge to implement the business procedures
to meet the market standard. If you desire to pick any of the
business options at your disposal, you have to realize that there are
procedures that make it possible.
I am glad to let you know
that hair barbing salon business is one of the businesses around today that can
earn you a comfortable income. You may want to ask why. It is easy to setup and
easy to manage. You can get at least 100,000 naira profit depending on the
location. It is a business that can make you become financially independent.
White collar jobs are not easy to get anymore. You just need to think outside
the box.
Looking good is what gives
you confidence and self-esteem. You definitely want to be in every social
gathering you are invited for. The hair barbing salon business is lucrative and
will remain to be lucrative. It requires a lot of things to start the business.
Although they are simple and general items you can purchase anywhere, but it
must be good and effective.
Everyone has a different
capital base, and everyone accepts his own class. Some would choose to startup
with a beautifully designed shop with the state of the art equipment, some
would prefer a normal barbing salon with primary equipment at affordable
prices, and a class may not have the money to purchase a chair. The last category
of people falls with those that have to start in a small way. These are the
category of people that needs to plan well to start this type of business. It
is simple and it is logical.
Find and identify other friends that have the same dream of starting a barbing salon business, but have a small total amount of money like you. If you guys are two men or four adult males; it would be great. Starting in a small way would make you guys plan well and be capable of bearing the risk. If you have got the skill of hair cutting, then there is no time to waste.
If four barbers
have 100,000 naira each to start the job, they will have
400,000 naira to start.
100,000 + 100,000 +100,000+100,000 = 400,000
This money should cover
the cost of renting a shop and every other tool that will make the job a
success. If done well, every barber will get his start-up capital back after a
year of serving. The risk will be managed well.
In a good business
location, with respect to consistent profit earned, every barber should be able
to own a barbing salon shop after twelve months. If an average
of 60,000 naira is made weekly, in a month it would be:
60,000 naira
multiplied by 4 weeks = 240,000 naira
If 60,000 naira for cost
of fuel, generator maintenance, association fees and other miscellaneous
activities is deducted, it will be
240,000 naira
subtracted by 60,000 naira = 180,000 naira
180,000 split by 4 Barbers = 45,000 naira
If every barber
earns 45,000 naira monthly, and the money is well managed, after
a year he should be able to own a barbing salon.
It would be almost
impossible for a barber having 100,000 naira to start a barbing
salon business.
The monies that would be
contributed should cover the following:
1. Register for a
business name and Barber association membership: there is a fee normally
paid by every barber in a location or community. You should also register your
business name. Business name registration is not expensive. It can be worked
out with your partners.
2. Location of your
barber shop: it is very important you consider where your barber shop would
be. Clearly, accessibility for customers is very important. I would rather
advise you go to areas where there a lot of young people. This is because you
need people and more people to make money. Although affordability is also a
factor that would determine your selection of location, it is better you locate
it in an area you can quickly earn a profit. This is a factor that determines
failure and success of businesses.
3. Painting: the
color you choose for the painting is very significant. Sometimes, it actually
defines how customers would be comfortable with your service. Simply choose a
color that is not offensive and make sure it is people friendly.
4. Set of Clippers: since
it is a partnership business, more than one clipper should be bought. You
should know your competency and the mastery of a type of clipper. A new and
original clipper should be preferable.
5. Mirrors: set
of mirrors should be fixed. I suggest two sets should be fixed. They should be
opposite in position. It is not expensive. Make sure it is a neat and clear
mirror.
6. Sterilizer: the
way you sterilize your barbering tools would determine if customers would
come back or not. It is not just about the hair style, customers are also
interested in the health of their hair. A perfectly working sterilizer would
give you no trouble.
7. Set of combs and
powder: it is necessary to have these basic items in your barbing
salon. Different sizes of combs that would suit customers with all manner of
hairs should be available. Face powder is also needed for shaving.
8. Barbering chairs: standard
barbering chairs should be bought. It is a very important hair cutting tool. If
there are four barbering chairs, four men would be attended to at the same
time. This would reduce waiting time for customers. Time is a part of how you
make money. Consistent and reasonable profit would be gained.
9. Generator: when
money is contributed to setup the barbing salon, due to the inconsistent
power supply, a generator is a very significant tool for the progress of the
business. Make sure you obtain the original or a good second- hand generator.
The operation and maintenance of the generator are really vital. The money that
would be contributed for buying fuel, engine oil and generator maintenance
would be bearable with your partners.
10. Air conditioner: it
is also important you purchase an air conditioner. I recommend a split unit air
conditioner. Weekends are usually busy periods for barbers. They may not want
to stick around in a hot room. You need an air conditioner to make your
customers comfortable. You plainly don’t want to lose them to other competitors.
Every partner should be
committed to making the business a success. If one wins, everyone is a winner.
I strongly recommend a bring one gets a free haircut to
attract more customers. It just means one customer brings his friend or
brother; he will have his hair barbed for free. It would be a great
marketing strategy if you and your partners can do this periodically or during
public holidays. Every step you take is a movement into success.
If you can imagine it,
then you can create it. If you can create it, then you have it.
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