How To Start A Standard Barbing Salon Business Plan in Nigeria 2020 / Feasibility Study

How To Start A Standard Barbing Salon Business Plan in Nigeria 2020 / Feasibility Study

Standard Barbing Salon Business Plan in Nigeria / Feasibility Study

Our barbing saloon business plan in Nigeria was recently updated and can be used for business grant application, bank loan applications, for writing business plan proposals, to write business plan concept notes, for business grant competitions, other competitions etc

Barbing saloon business in Nigeria is a very lucrative and profitable business. Why has it remained one of the most lucrative businesses to venture into? The reason still remains that hair will always grow. There are other reasons why the barbing saloon in Nigeria is very profitable. The barbing saloons actually have no season where it is very much needed. Nope. at all times, it is a business where you will constantly have customers as long as you are a professional in what you do.  The type of saloon we do have these days are not the same we usually have so many years ago. Things have changed and these days the type of saloon are very much more equipped than we hat we usually have. These have been done to meet the customer’s needs and demands.

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The very unique thing about this business is that, you spend little and make so much money from it. For those who wants to go into a profitable and a very standard barbing salon business in Nigeria, we have designed a very detailed and a very comprehensive Feasibility study on barbing salon business plan in Nigeria template. What we have a very detailed feasibility study and you can use it as a guide in starting a standard barbing salon business in Nigeria,

Our recently and updated sample of BARBING SALON BUSINESS PLAN IN NIGERIA can be used to access bank loans, proposal writing and grant applications. The business plan was recently compiled after a thorough feasibility study on Biscuit Business in Nigeria was done by our team of experts.

Hurry now, don’t miss this opportunity. To place an order for BARBING SALON BUSINESS PLAN IN NIGERIA, pay N10,000 to

GT Bank (Guaranty Trust Bank)

Account Name – Ogumka Innocent

Account No – 0153723721

After you have made payment for your BARBING SALON BUSINESS PLAN IN NIGERIA, send your email and payment details to 09066078526. Once your payment has been verified the BARBING SALON BUSINESS PLAN IN NIGERIA will be sent to your email.

You can also reach us via our email @ tradewithchapatt@gmail.com or via our whatsapp number @ 09066078526.

 

If you have been considering this line of business I encourage you to take action and start but if you have been seeing this business as a low profit venture you are wrong because it’s not.

What is actually a barbing salon? Many people only think of it as a place where you cut or shave your shave your head and beard respectively. But that is a half truth because it also involves styling and grooming of your hair. Also, it involves dying of your hair, dread locking of your hair, hair treatment etc. Why is this business so unique and special, because at all times as a barber, your services will always be needed and that is the fact that as a barber your barbing services will always and at all times be needed because hair. Remember that at all times, people’s hair are continually growing and you would be needed.

There are two ways you this business. First of all, you can be a trained barber and set up this business and the other one, you can employ trained staffs who knows the act of the work and let them be your barbers. You pay them monthly or based on commission. Back then in my university days at DELSU, that was what must barber shop owners did. They didn’t know how to cut hair or do anything in relation to running a barber shop as the barber himself. What they did was to set up a world class barbing saloon and employed guys who knew how to barb very well and those guys where paid based on commission. But if you want to run the business yourself as the barber, then you ought to know how to barb every well to be able to win and retain your customers.

Based on our statistics, an average guy will always visit a barber’s shop every once a week to cut or shave his hair or beard respectively. Now if this is true and it is true, it only means one thing that if you have 50 customers which you can have if you following the guide on our barbing saloon business plan in Nigeria, you will have a minimum of thirty customers returning back to your barbing shop every day and this is a big deal. Now imagine when you have stayed in the business long enough to have over two hundred customers? Now remember that there are no fixed the cost of cutting or shaving. It depends on the quality of service you offer your customers in your barbing salon. For example, there are lots of barbing saloon in lekki Lagos but not all of them are offering same price. Some do price at N1000 for cutting of hair while other do charge N500 or N300 for cutting hair.

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Barbing salon business plan in Nigeria – This business sector as at today, is one of the most rapidly growing sector. So much money is made from barbing salon business and this have made it one of the most profitable and lucrative business to venture into.  There are so many people today who constantly are making some good money from their barbing saloon shop.

So many persons have told me while they called me that the barbing salon business is for those who are very much not serious about what to do with their money so they decided to enter into the barbing saloon business. But this is nothing but a fathom lie. Some years ago, I used to have a particular guy in Benin at Igiesota Street at the back of Guinness who was my personal barber. He was very good at what he did. One day I discovered that he was going to marry a very beautiful woman for a wife and I was surprised. Was he making enough money from this business I asked myself. When I saw him again after so many years, he already has one of the best standard barbing saloon in that vicinity. He has two kids already then. The barbing saloon business is a very unique one and lots of money is been made daily from it on a constant basis and that is the very special part of it.

As a barber, you should expect to have a minimum of 20 haircuts each day on a very average working day.  What I mean is that you will be having 20 persons patronizing your barbing shop every day from Monday to Thursday. But on weekends or from Friday to Sunday, you should expect nothing less than 30 persons who will be patronizing your barbing shop on each of these days. Weekends are the very best days for this business to compare the other days of the week especially on Sundays. There are also VIP customers who you give “Home Service” to and trust me, these one are way more expensive than those who comes to your barbing shop.  You can give all of my VIP customers a haircut once week at the rate of N1500. So lets do the math

Normal Price of haircut: N300

VIP/ Home Service cost: N1500

Regular days: Monday – Thursday (20haircuts each day)

Peek days: Friday – Sunday (30 haircuts each day)

Lets assume you get 20 haircuts each day on regular days: N300 X 20 = N6000

Total haircuts for regular days (i.e. Mon, Tues, Wed and Thurs.): N6000 X 4days = N24, 000

To give a minimum of 30 haircuts each day on weekends (i.e. Fri, Sat, Sun): 30haircuts X N300 = N9000

Total haircuts for weekends will be N9000 X 3days = N 27000

VIP/Home Service a week = N1500 X 11 Persons = N16, 500

Therefore, the total amount made in a week: N24, 000 + N 27000 + N16, 500 = N59, 000

Estimated Total for the month = N59, 000 X 4weeks = N236, 000.00

Our barbing saloon business plan in Nigeria was recently updated and can be used for business grant application, bank loan applications, for writing business plan proposals, to write business plan concept notes, for business grant competitions, other competitions etc.  starting a barbing saloon business in Nigeria actually needs a very systematic, strategic and also a very detailed and meticulous execution and that is why we are offering our detailed business plan for barbing saloon so that you will avoid so many mistakes and not blow your hard earned capital. Our business plan as we have initially said be used to access bank loans, proposal writing and grant applications. The business plan was recently compiled after a thorough feasibility study on Biscuit Business in Nigeria was done by our team of experts.

Hurry now, don’t miss this opportunity. To place an order for BARBING SALON BUSINESS PLAN IN NIGERIA, pay N10,000 to

GT Bank (Guaranty Trust Bank)

Account Name – Ogumka Innocent

Account No – 0153723721

After you have made payment for your BARBING SALON BUSINESS PLAN IN NIGERIA, send your email and payment details to 09066078526. Once your payment has been verified the BARBING SALON BUSINESS PLAN IN NIGERIA will be sent to your email.

You can also reach us via our email @ tradewithchapatt@gmail.com or via our whatsapp number @ 09066078526.

How to Start a Barbing Salon Business in Nigeria

If you are thinking of going into this business, one thing that I need to assure you off is the fact that starting a standard barbing saloon in Nigeria is a profitable and a very lucrative business plan to venture into but there are some certain steps and requirement that you will need to take. These steps as it where, will help maximize the profitability and also they will guide you on how start, sustain and build a very profitable business enterprise. We will be discussing but a few factors to put into consideration.

First of all, before you go into the barbing saloon business plan, you have to get our barbing saloon business plan which was recently complied by our team of experts. There is another aspect too and that is the fact that you have to posses some experience in the barbing saloon business.  But if you just want to own one and employ those who have the experience in cutting of hair and other stuffs, then you don’t need to go learn how to cut hair. After all Dangote who happens to own the biggest cement factory in the world does not even know how cement is produced. This also means that, you have to be very prepared too. Winning and retaining customers is key in this business too. For example, when you start, your immediate environment is your market and how do you win them knowing that these guys have other barbers they patronize before you came. So you have to start a very good quality barbing saloon.  So you can employ a barber who is a professional to avoid the embarrassment that could lead to loss of clients.

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Knowledge & Skill – Having a complete knowledge of the business is one of the skills that can make you a success in this business and truth be told, it is a must. Am nit saying you must be the one cutting the hair but it is expedient that you know what the requirements are. But if you nwant to be the one cutting the hair, then being a professional is key. Take out sopme time and learn how to cut hair. This can last for six months or a year or more depoendig on your learning capability.

O I will advise that you take some time out to  learn what the Barbing saloon Business demands. Learn the  different styles that are in vogue now, hair treatment, health and beauty tips and customer care. You don’t have to be in a hurry to become a barbing salon owner if you haven’t gotten all what you need to start one else you will be a mediocre in this business.

Get your barbing salon business registered with the corporate affairs commission of Nigeria; CAC is also very key and necessary so that you won’t have issues with the authorities though I have seen many barbing shops who don’t have it.

  • The location where you barber shop is located also plays a very important role in determining how profitable you barbing saloon business will be. Please ensure you choose a place that can be easily accessible from all parts of your desired area. Busy streets, close to a shopping market/ mall, are an advantage.
  • Your shop or studio should be clean and safe atmosphere. Barbing saloon actually do so well in clean, safe and relaxing environment where your customers can actually be treated to a quick and professional service.

barbing salon equipment

Standard Barbing Salon Equipment

  • Salon space (Unless you have ample space at home, you will need to rent a shop)
  • Generator Set (For power outages)
  • One or two styling chairs
  • Quality Hair Clippers
  • A disinfectant container with disinfectant or sterilizing solution
  • Comfortable Seats for the reception area
  • Cabinet for clean towels and supplies
  • Wall Mirrors
  • Sterilizing Unit
  • Hair Treatment Supplies (e.g. Sets of combs, scissors, powder, spirit, lotions etc)
  • Entertainment (TV, DSTV, Sound System, newspapers/magazines)
  • Dust Pan With Whisk Handheld Broom

How Much Does It Take to Open a Standard Barbing Salon in Nigeria
The amount of capital you need to start a lucrative and a profitable business will depend on your choice and quality of salon design, rent, fixtures and leasehold improvements and equipment that you intend to use. But it should be noted that starting a barbing salon requires a bit of some capital. So be prepared and get ready for it.

TABLE OF CONTENT FOR BARBING SALON BUSINESS PLAN IN NIGERIA FEASIBILITY STUDIES

Executive Summary
Introduction
Business Description
Products and services
Competitive Advantage
Market Research
Competitor Analysis
Sales and Marketing Plan
Operational Plan
Business Risk
Management and Structure
Financial Plan and Projections

Our recently and updated sample of BARBING SALON BUSINESS PLAN IN NIGERIA can be used to access bank loans, proposal writing and grant applications. The business plan was recently compiled after a thorough feasibility study on Biscuit Business in Nigeria was done by our team of experts.

Hurry now, don’t miss this opportunity. To place an order for BARBING SALON BUSINESS PLAN IN NIGERIA, pay N10,000 to

GT Bank (Guaranty Trust Bank)

Account Name – Ogumka Innocent

Account No – 0153723721

After you have made payment for your BARBING SALON BUSINESS PLAN IN NIGERIA, send your email and payment details to 09066078526. Once your payment has been verified the BARBING SALON BUSINESS PLAN IN NIGERIA will be sent to your email.

You can also reach us via our email @ tradewithchapatt@gmail.com or via our whatsapp number @ 09066078526.

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