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Hair Salon Business Plan in Nigeria (2024 Doc)

Hair Salon Business Plan in Nigeria 2024 Template

The hair & beauty shop business plan in Nigeria is a budding enterprise that is able to sustain and give an economic upgrade. The truth is that everyone wants to look good , this is not particular to one gender alone, that is why you have different hair salon almost in every street today in Nigeria.

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On numerous occasion, I’ve heard people use the phrase “ Looking good is good business ” perhaps what that line of thought tries to explain is that in order to look the part, you need to spend to look it. And having a nice hair cut contributes to this move. What the hair salon business plan pdf doc will help you achieve includes, identifying those areas where you never thought will be important in your hair salon business.

Getting one of our hairdressing salon business plan in Nigeria template doc is a sign of great things to come. Be rest assured that this Hair Salon Business Plan in Nigeria covers for every type of hair salon business you want to start, especially if what you have in mind is starting a Unisex Salon Business, a salon that accommodates both the male and female hair makers, in fact the Unisex salon business is more flexible that most, since it accepts both male and female customers, in essence to stand a chance of having more customers to your salon.

To get the full business plan on Hair Salon Business Plan in Nigeria Template Doc + Feasibility Studies PDF, pay N10,000 to

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Once payment is made for the Hair Salon Business Plan in Nigeria Template Doc, send the following (i) a valid email address and (ii) your payment details to any of these numbers – 07039768549.

Everybody wants to look good does not mean they would want to do it in an unorganized place or hair dressing salon, planning how to make your salon the talk of town should be one of your priority. One of the things I’ve noticed with the hair salon business is the trend on how momentum moves from one beauty salon shop to another. This most times boils down to the following reasons;

Customer service at the salon cannot be compared to the customer service received at other salon.
Price of services rendered, sometimes if the price charged does not tally with the serves rendered, it tends to make customers to move to other shops.
Environment and shop set up, customers are naturally attracted to shops with organised settings, in fact the organisation of some shops makes them to charge so high and most customers won’t even complain, for example, the price charged at “Black and White” at Polo Park Enugu will be high than what “veroxy” at trans-ekulu will charge in the same Enugu, their prices will as well be high than the roadside hair shop in the same Enugu.

The hair salon business is as old as any man can think, it is as old as fashion or tailoring business , right from the beginning, the human nature has always wanted those things that will make them comfortable in life, from the cloth they wear, to the shoes they put on, and then the type of hair style they also wear. Images from the olden days has shown us that, even in those days, people had hair cut and the ladies had their hairs done. Although not as sophisticated as it is now, however, the amount of professionalism cannot be equaled, given the type of equipment they used.

In all fairness, Hair Salon Business Plan in Nigeria is a lucrative one, reason being that every single person out their wants to look good, not just in what they wear, but the type of hair style they put on, since you get addressed by the ways you look, it has become paramount for most people to at least visit the hair beauty shop every week. And this is not particular to a set of people, even children are not left out.

The hair beauty business has always enjoyed a high level of patronage, and as I’ve explained, this boils down to how you agree to set up, and the more customers you get, the chances of getting high profit return at the end of the year. The business environment is littered with very lucrative opportunities which can make you huge profit.

Understanding The Dynamics Of The Hair Salon Business Plan in Nigeria

Often times, when the beauty salon shop is discussed, women comes to mind as the set of people who patronized these shops, however, recent reports has revealed that it is actually in the opposite. Men actually visit the hair salon more than women visit their beauty shops.

This is how it works;

Women tends to visit say ones every two or three weeks, either to remake or have a little touch to their hair.
While men visit at least ones every week, when you don’t, you become bushy and un-kept.

Some have argued that the price range is the reason for the disparity in how these sets of people visit the hair salon, while women are more prone to visiting salons as often as men, they seem to pay the higher fee for their hair, while men pay more and they visit salons a lot more often their women counterpart.

From my estimated fee calculation, I came up with these figures;

At a hair and beauty shop like “Black and White” the fee charged for a single hair cut is N1,000 for man, while same hair cut for a woman goes for N1,500 including basic hair treatment like hair washing with shampoo.
For a beauty shop that caters for fixing hair do for women, they charge as high as N2,000, and you will have to buy your hair. These attachment Hair are sold based on the hair quality, there are those sold as much as N50,000.

It is easy to see why the men frequent the hair salon more than men. It costs more to maintain a woman’s hair than is will cost a guy to walk into any hair salon to cut his hair. However, to make headway in this business in Nigeria, it will pay more to set up a salon caters for all sexes instead of a separate one for male or female.

Once payment is made for the Hair Salon Business Plan in Nigeria Template, send the following (i) a valid email address and (ii) your payment details to any of these numbers – 07039768549.

Hair Salon Business Customer Base

In the process of writing this post, we have discussed the customer based of a hair & beauty shop customer base, it was clearly stated the range and types of customers to expect at your business centre, see below

The working class men – These group of customers have a tradition of visiting the hair salon at least ones every week, in most cases between Friday and Sunday, this is to enable them prepare for the new week in view.
The working class woman – Unlike the working class men, she visits the salon but not as often as the men. She visits sparingly, say ones every month safe for some special cases where there is an occasion to attend.

The essence of running a is aimed achieve your business goals which most of the time is profit maximization. This article will provide you with some of those important factors that will help you in achieving your business goals and also a Hair Salon Business Plan in Nigeria Template Doc that can help you to build a classy unisex salon and then growing it into a business venture others will look up to.

Factor To Consider Before Setting Up A Hair Salon Business Plan in Nigeria

The successes to be recorded by your hairdressing & beauty salon depends on observing these business factors, see below;

Capital – You can raise your start up capital using any legal means, that that is needed is to have a capital. Your capital will determine how you want your business to look like, take for example, a hair salon business in Maitama Abuja will cost more to set up than the one in Karu, things to put into consideration includes rent and environmental fees, and then workers if you want to start in a big way. Your start up capital is very important to determine some important aspect of your business.

Location – Business location for a hair and beauty salon centre is vital to the success of the business, in as much as the business attracts people from all works of life, you need to site it in an environment where it will be seen. You can strategically site yours in a secluded estate, here everyone in the estate will have no other choice than to patronize.

Equipment – The best equipment are required to starting up your beauty shop, you don’t want a situation where your generator goes off while drying a customer’s hair or your clippers malfunction because they are fake, these things matter much in setting up your business. Some of the basic things you need includes;

At least two clippers (If you are to work alone)
Combs of different size
Refrigerator
Have storage facility for water (you can buy butter)
Generator (Substitute for power)
Hair creams
Straighteners
Television sets or a Cable tv
Air conditioners
Manicure kits
Pedicure kits
Towel warmers
Sterilizing machines
POS machine, etc.

Employ Quali f ied personnel – Unqualified personnel can ruin your business reputation, ensure you get the best hands to help in running your business. You don’t customers to avoid your shop because they feel your workers can make hair.

This is the Table Of Content for the Hair Salon Business Plan in Nigeria Template Doc

1.0 EXECUTIVE SUMMARY

OWNERSHIP/LEGAL STATUS 4
PRODUCTS/SERVICES 4
KEYS TO SUCCESS 5
KEY COMPETITORS AND PLAYERS 6
SERVICE DELIVERY 6

MARKETING PLAN of the hairdressing salon business plan

PROMOTIONAL/MARKETING STRATEGY 9
MARKET SEGMENTATION 9
SERVICE BUSINESS ANALYSIS 9

ORGANISATION AND MANAGEMENT

LEGAL, REGULATORY, SOCIAL AND ENVIRONMENTAL ISSUES 11
REGULATORY ISSUES 11
SOCIAL ISSUES 11
ENVIRONMENTAL ISSUES 11

FINANCIAL PLAN

SUMMARY OF PROJECT COST. 12
FIXED CAPITAL INVESTMENTS. 12
UTILITIES 12
OTHER OPERATING EXPENSES 13
WORKING CAPITAL FORECAST 14
TOTAL START-UP CAPITAL REQUIRED 14
FINANCIAL PLAN of the business plan for hairdressing in Nigeria 15
LOAN REPAYMENT AND SCHEDULE AND INTEREST PAID 15
DEPRECIATION 16
FORECAST OF PROFIT AND LOSS 16
CASH FLOW PROJECTION 17
FINANCIAL ANALYSIS 18
PROFITABILITY ANALYSIS 18
CASH FLOW PROJECTION 18

RISK ANALYSIS, CONTINGENCY PLAN AND EXIT STRATEGY

RISK ANALYSIS 19
SWOT ANALYSIS 19
EXIT STRATEGY 20

OTHER CONSIDERATIONS, CONCLUSION AND RECOMMENDATION

ECONOMIC CONSIDERATIONS 21
COMMERCIAL VIABILITY 21
CONCLUSION 21
APPENDIX 22

To get the full Hair Salon Business Plan in Nigeria Template Doc + Feasibility Studies PDF, pay N10,000 to

Once payment is made for the Hair Salon Business Plan in Nigeria Template Doc + Feasibility Studies PDF, send the following (i) a valid email address and (ii) your payment details to any of these numbers – 07039768549 .

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Hairdressing business in Nigeria: how to start up, requirements and cost

Introduction

In the vibrant tapestry of Nigeria’s business landscape, the hairdressing industry stands as a beacon of opportunity. As the demand for hairstyling services continues to surge, establishing a hairdressing business presents a gateway to entrepreneurial success.

This comprehensive article will not only illuminate the key steps in kickstarting your hairdressing venture but will also delve into the nuances of the industry, unveiling strategies to optimize your business for success.

Steps in starting a successful hairdressing business in Nigeria

1. Research and Planning: Laying the Foundation

Before diving into the world of hairdressing, meticulous research is your compass to success. Uncover the pulse of your target audience, discern market needs, and scrutinize the competition. This phase lays the foundation for a robust business plan, delineating your goals, services, and financial projections.

2. Legal Requirements and Regulations: Navigating the Landscape

The legal terrain can be intricate, but compliance is non-negotiable. From business registration to securing licenses and adhering to health and safety standards, navigating the regulatory landscape ensures a solid foundation for your hairdressing enterprise.

3. Location and Setup: choosing the right space

Choosing the right location is akin to selecting the canvas for your masterpiece. Dive into the dynamics of foot traffic, accessibility, and competitor analysis. Once you’ve secured the ideal spot, the layout and design of your salon become pivotal, creating a welcoming atmosphere for clients.

4. Equipment and Supplies: Tools of the Trade

Equipping your salon with the right tools elevates your craft. From scissors and clippers to hairdryers and styling chairs, investing in quality equipment ensures optimal service delivery and customer satisfaction.

5. Hiring and Training Staff: Building Your A-Team

Your staff is the heartbeat of your salon. Rigorous recruitment, paired with ongoing training programs, cultivates a skilled and customer-focused team. Their expertise is your business’s greatest asset.

6. Services and Pricing Strategy: Crafting Your Offering

Craft a menu of services that resonates with your clientele. From haircuts and styling to additional spa and nail services, diversifying your offerings caters to varied customer needs. Establishing a competitive pricing strategy ensures your services remain accessible yet profitable.

7. Marketing and Branding: Making Your Mark

In the digital age, an online presence is paramount. Develop a website, harness the power of social media, and leverage online reviews. Local advertising, through flyers, business cards, and collaborations with neighboring businesses, further solidifies your brand in the community.

8. Client Management and Retention: Fostering Long-Term Relationships

Implementing a robust customer relationship management (CRM) system ensures personalized interactions with clients. Loyalty programs and discounts not only attract but also retain your customer base.

9. Financial Management: Navigating the Numbers

Setting up efficient accounting systems, monitoring expenses and revenue, and understanding taxation considerations are integral components of sound financial management. A meticulous approach to your salon’s finances safeguards its longevity.

10. Challenges and Solutions: Confronting the Obstacles

While the journey to success is paved with triumphs, challenges are inevitable. Staff retention and seasonal fluctuations are common hurdles. However, strategic solutions, such as effective management practices and diversification of services, can transform challenges into opportunities.

11. Focus on long term growth

Assessing your business’s performance is an ongoing endeavor. Explore opportunities for expansion, adapt to industry trends, and continuously improve. The trajectory of your hairdressing business is not just about today; it’s about sowing seeds for a thriving future.

Starting a hairdressing business in Nigeria is an exciting venture that promises creativity, flexibility, and potential profitability. However, like any business, it requires careful planning and adherence to certain requirements. Below, we’ll look into the requirements and costs associated with launching a standard successful hairdressing business in Nigeria.

Requirements and cost to start up hairdressing business in Nigeria

1. Business Registration:

Requirement: To operate legally, you need to register your hairdressing business with the Corporate Affairs Commission (CAC) in Nigeria. This process involves choosing a unique business name, completing registration forms, and paying the required fees.
Cost: Business registration costs can vary, but budgeting around ₦10,000 to ₦20,000 is a reasonable estimate, including registration fees and professional services if needed.

2. Licenses and Permits:

Requirement: Obtain necessary licenses and permits to comply with local regulations. This might include a health permit and local government business permit.
Cost: The cost for licenses and permits can vary by location and the specific requirements of local authorities. Plan for an additional ₦10,000 to ₦20,000.

3. Salon Space:

Requirement: Choose a suitable location for your salon. Consider factors like foot traffic, accessibility, and competition. Secure a lease agreement for the space.
Cost: Costs for leasing a salon space can range widely based on the location and size of the space. In major cities, expect to budget between ₦50,000 to ₦100,000 per annum.

4. Salon Setup and Equipment:

Requirement: Equip your salon with the necessary tools and furniture, including styling chairs, mirrors, hairdryers, and styling tools. Ensure the salon layout is conducive to efficient operations.
Cost: Budgeting around ₦50,000 to ₦150,000 for initial equipment and setup is reasonable, depending on the scale and standard you aim for.

5. Staffing:

Requirement: Recruit few skilled stylists and support staff. Conduct interviews and provide necessary training to ensure a cohesive and customer-focused team.
Cost: Salaries for staff will vary, but an initial budget of ₦50,000 to ₦100,000 for recruitment, training, and initial salaries is a realistic estimate.

6. Services and Products:

Requirement: Develop a menu of services and select high-quality hairdressing products. Establish relationships with suppliers.
Cost: The cost of services and products can vary based on the brands and quality you choose. Budgeting ₦50,000 to ₦100,000 for initial product inventory is a prudent estimate.

7. Marketing and Branding:

Requirement: Create a brand identity and invest in marketing efforts. Develop a professional website, leverage social media, and invest in local advertising.
Cost: Marketing costs can vary, but allocating ₦10,000 to ₦15,000 for initial branding and promotional activities is a reasonable starting point.

8. Financial Management:

Requirement: Mostly for large scale hairdressers, it is important to set up an accounting system to track expenses and revenue. Familiarize yourself with tax obligations for your business.
Cost: Accounting software and services may incur costs, budgeting an initial fee of around ₦20,000 to ₦50,000 for financial management is a prudent approach.

9. Insurance:

Requirement: Consider insurance coverage to protect your business and assets. This can include liability insurance and coverage for salon equipment.
Cost: Insurance costs vary but budgeting ₦30,000 to ₦50,000 annually is a common estimate.

Starting a hairdressing business in Nigeria is an investment that involves careful planning and financial commitment. While the costs outlined above provide a general overview, it’s crucial to conduct thorough research and tailor your budget to your specific circumstances and location. Remember, success in the hairdressing industry not only requires financial investment but also a passion for the craft and a commitment to providing excellent customer service.

Embarking on the hairdressing business in Nigeria is not just a business venture; it’s an expression of creativity, resilience, and entrepreneurial spirit. Armed with knowledge, passion, and a commitment to excellence and meeting the basic requirements, you’re poised to unlock the doors to success in the dynamic and flourishing world of hairdressing in Nigeria

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How To Start Hair Business In Nigeria

February 27, 2023
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How to start hair business in Nigeria — The Hair business is a lucrative one, it is among the fastest-growing industries in Nigeria as a lot of people are seeking hair grooming services and products daily, especially women. Starting a hair business can be profitable, especially in Nigeria, a country with a large and diverse population. In this article, we will provide a step-by-step guide on how to start hair business in Nigeria. Read on.

How To Start a Hair Business In Nigeria

Below is a comprehensive article to guide you through starting a successful hair business in Nigeria;

1. Conduct a thorough market survey

Before venturing into the hair business industry, you must conduct extensive research on the market. Conducting market research will help you understand the hair industry better, the target customers, your competitors, and more. For instance, by conducting good market research, you get to know the type of hair in trend, the most bought hair, and the ones women like.

Additionally, the hair industry is quite vast and thereby can be divided into different categories including hair products, hair extensions, hair salon services, etc. When you conduct market research, you get to understand these categories. You would also identify and choose the area to focus on in the industry.

2. Write a business plan

After successfully conducting your market survey/research and choosing your interests in the hair industry, the next step is to create a business plan. The business plan should clearly show the business model you intend to follow, your target customers, the marketing strategies you will adopt, your capital, and more. You should also decide on the different services you will be offering to generate revenue such as providing hair salon services, selling hair products, etc.

Additionally, a well-written business plan will project the outcome of the business in the future. It will give you an insight into how to make profits from the business.

3. Get the required capital

You require a considerable amount of money to successfully start a hair business in Nigeria. The exact amount you need depends mainly on the scale of the business. You can get funds for your hair business by using your savings, sourcing capital from family and friends, applying for loans and grants, seeking partners or investors, etc.

However, as a starter in the hair business, we strongly frown against borrowing money from microfinance banks or any other lending system to fund your business. This is because the interest rate might be too high, which might be bad for your new business. It is best to just use your savings, apply for grants, or seek funding from family and friends.

4. Obtain all the legal requirements

There are several necessary permits and licenses required to start a hair business in Nigeria. You should obtain all the legal documents from your local and state authorities. You also need to register your business with the Corporate Affairs Commission (CAC). It is also important that you follow all the tax requirements to avoid attracting any legal problems for your hair business going further.

5. Hire a shop or space

Renting a shop for your hair business is pivotal, except if you intend to offer online or in-house services. Meanwhile, if you are renting or buying a space or shop, it should be located in a populated location with less or no competition. The shop’s interior should also be well-designed and decorated to provide your customers with a welcoming and appealing environment.

6. Get the products necessary for the hair business

After renting or buying a shop at a strategic location, the next step is to identify and acquire the different hair products necessary for the business. You should carefully source and identify reliable suppliers of hair products. It is also vital that you analyze the quality of the hair products before choosing, this is to ensure that you get the best products.

Additionally, depending on your capital, you could acquire the hair products in bulk and negotiate the prices, this will help you have the best deals. Acquiring quality hair products is important, it would increase the reputation of your business and help you attract more customers.

7. Create an online presence for your store

As an entrepreneur, you would want to maximize profit. Ways to achieve that include establishing an online presence for your hair business. With an online presence and strategic marketing, your hair business would be able to attract clients from all parts of the country.

To establish an online presence, you should create business accounts on social media platforms such as Facebook, Instagram, etc. These platforms are perfect for marketing your hair services and products. If you strategically position your hair brand properly on these platforms, you will gain lots of clients and thereby make more profit. Additionally, you could create a website where you will advertise and market your hair products and services. Creating an online presence is a great way of establishing a successful hair business in today’s digital age.

8. Hiring employees

Another important process in establishing a successful hair business is to hire employees, especially if you intend to build a large hair business. You may need to hire employees if you are opening a large store that intends to provide services to a lot of people. The first step toward hiring employees is to determine the number of employees you need, this depends majorly on the scale of the hair business. Advertise job openings for the different roles available and schedule interviews. After the interviews, you can select the best candidates for the positions.

9. Marketing your hair business

After successfully establishing your hair business, the next step is to attract and maintain customers. To succeed, you need to design a marketing plan and follow strategic steps to promote your hair business to the target audience. Ways to promote your hair business include pay-per-click (PPC) advertising, radio advertising, the use of billboards, TV adverts, social media marketing, influencer marketing, and more. When you properly and strategically promote your hair business, you can create a successful and rewarding hair business in Nigeria.

Types Of Hair Business You Can Start In Nigeria

Below are the types of hair businesses you can start in Nigeria;

1. Hair Salon Business

The Hair Salon Business is one of the most popular types of hair salon business in Nigeria. It involves the provision of hair services including hairstyling, hair treatments, haircuts, hair coloring, and more.

2. Hair products retail business

A hair products retail business involves the selling of various types of hair products including hair care products, hair extensions, and hair accessories. This form of hair business can be done both online and offline.

3. Mobile Hair business

This is a type of hair business that entails offering hair services such as hairstyling and haircuts to clients or customers at their workplaces or homes.

4. Wig-making business

Wig making is another popular aspect of the hair business that involves making and selling different forms of wigs including synthetic wigs, human hair wigs, and lace wigs.

5. Hair care consulting business

A hair care consulting business implies offering guidance to customers on how to care for their hair properly. It also offers tips, tricks, and advice on how to groom our hair effectively. The hair care consulting business can be done both online and offline.

6. Hair braiding business

A hair braiding business is a type of hair business that offers different types of hair braiding services such as twists, box braids, cornrows, and more. This form of hair business requires expertise, physical location, and different other requirements.

There you have it! Above are some of the most popular hair businesses in Nigeria you should consider venturing into.

Final Words

Starting a hair business in Nigeria can be profitable when done properly. You should conduct proper research, write a good business plan, acquire the required documents, and more. With hard work and perseverance, you can build a successful hair business in Nigeria.

Frequently Asked Questions

How much does it cost to start a hair business in nigeria.

The exact cost of starting a hair business in Nigeria differs, depending on the size of the business. You should prepare a draft containing all the things you need to buy or invest in, such as hair products, equipment, rent a space, pay for advertising, etc. The cost might range from a few hundred thousand Naira to a million Naira.

How do I find reliable suppliers for my hair business in Nigeria?

You can find reliable suppliers by searching online directories, seeking recommendations from other hair business owners, attending hair industry events, and more.

How profitable is a hair business in Nigeria?

A hair business in Nigeria can be quite rewarding, especially when established in a strategic location with proper marketing. When done right, a hair business can generate a lot of income daily.

How do I choose a location for my hair business in Nigeria?

To choose a location for your hair business, ensure to select a location that is easily accessible to your customers. It should be a safe location with numerous foot activities. It should also have little or no competition.

How can I attract and retain customers for my hair business in Nigeria?

You can attract customers for your hair business by offering the best hair services, providing competitive prices, establishing a strong brand, providing excellent customer services, etc.

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Business Plan

How To Start a Hair Salon Business in Nigeria / Hair Salon Business Plan

by BusinessPlan 1 Comment

How to Start a Hair Salon Business In Nigeria

How to Start a Hair Salon Business in Nigeria – Introduction

Looking good they say is good business; whether you are the looking good or you are the one making others look good. There practically no one that does not patronize the salon, making salon business good business and because everyone loves looking good it sends a positive signal as to how lucrative it is to venture into the business of salon in Nigeria.

Also Read: Hair Salon Business Plan in Nigeria (UNISEX)

There is a notion that women loves good looks than men but the men patronize the salon more frequently than women, this is why we will make this business be for both gender.

Most average working class men patronizes a salon to get a haircut once every two week or even more depending on how hairy he is while a woman may carry a hair made at least a month before visiting the salon again. Although there are more things that makes women visit the salon more often too which we will look into in more detail as we go on. We will be looking into how to start a salon (unisex) business in Nigeria.

Things to Consider While Going Into the Hair Salon Business in Nigeria

Do you want to run the business yourself or you want to have paid staff?
If you want to run the business yourself, do you have the required skills?
If you want to have paid staff run it for you, do you have enough knowledge about the business to know if they are doing a great job with your customers?
What class of this business do you intend to start? Meaning what social class of people are you willing to service by the opening of your business.

These are just a few questions that can help you write a complete business plan and ask yourself real questions.

Steps on How to Start a Hair Salon Business in Nigeria

Get Adequate Training If You Have None.

The salon business is one business that you really need skills for and if you don’t you really need to seek to have these skills because it is the skills you have that relate to customers and to more money coming into your coffers. The greatest thing about the skill acquired for the sake of running a salon is that your artistry is been seen all day long till the customer in question undo the hair. Your work speaks for you even when you are not there and do a lot of marketing for you. What set u apart from the hairdresser or haircut guy in the slums is it not your skill. People will pay for your skill and they will pay well if they know they will get the best whether they are male or female alike.

Write a Detailed Business Plan

Learn More: How to Write a Business Plan

Before you get started by doing things physically you will need to have a mental picture of what you want your business to be like, but it doesn’t stop there all that you have up your minds you must commit too paper. Ensure you write a detailed business plan and make it as pictorial as possible. Your business plan should contain the following contents:

You must have an introduction or overview that explains your business and what you want to achieve by starting out like this.
Your company name, logo and how you want to run the show. A company profile to put it.
The kind of services you intend to offer or the problems you intend to solve with the creation of your company.
What kind of people do you intend to service, what social class do you intend to reach and who are your target market.
Present, future financial plans and projections

For N10, 000, we will send you a sample hair salon business plan in Nigeria. Our business plan can be used for bank loans, grants, and entrepreneurship competitions.

To place order for this business plan, pay N10, 000 to:

BANK NAME: GUARANTY TRUST BANK (GTB)

ACCOUNT NAME: CHIBUZOR TOCHI ONYEMENAM

ACCOUNT NUMBER: 0044056891

After payment, send the following details via text to 07033378184.

Depositors Name

Your email address

The title of the business plan you paid for (i.e. hair salon business plan in Nigeria pdf)

Cost of starting a hair salon in Nigeria (Get Capital)

Getting a capital to start this business is solely dependent on how big you intend to start, what kind of equipment do you intend to start with, where you want your business location to be, how you intend your place of business to be. If you have your business plans all laid out then you will know the kind of capital you are talking about. You cannot compare starting a salon business in Mushin with starting the same thing in Victoria Island area in Lagos State.

Get a Great Business Location

The class of people you are targeting will go a long way to tell where you will choose for your business location. You cannot target to reach the high and mighty or the expensive people in the society and set up shop in a slum or rural area. So go out and look at locations and pick the best for your business. Don’t be in a hurry to get a location. Take your time and get the best deal for your money.

Setting Up Your Shop for Business

Hire a professional Interior designer to do the work

Putting a chair, table and any other thing that comes to mind is not enough in setting up a standard salon you will need a professional touch, which is if you intend to have people coming around as often as they get the chance to do so. Let the interior designer do his/her work, give the place a professional touch you will reap the fruit of that labour soon.

Equipment purchase and set up

One thing you don’t want to do is spending money twice on the same thing within a short time so you have to purchase standard and quality equipment from reputable dealers and manufacturers. Get the best price deals as possible on these equipment. Ensure you and your staffs are trained in the using of these equipment.

Employing experienced hands

Good referrals work but trust me one bad word out about your business can crumble years of good work and the great reputation you have taken time to build over a long time, so one way to avoid this is to have competent staff and experience hands help you out in your business. Take your time to recruit your staff after an extensive screening program.

Organize the daily running

Have an organized system, let your staff dress smart and be polite to customers. Let everyone that comes in your place of business at first glance knows that you mean business, that sends a strong positive statement about you and your business.

Do Adequate Publicity

Don’t totally rely on word of mouth or referral systems. Go online and on air and get some advert going for your business. Make short videos of the skill you have and post them on social media. Print fliers/ posters and distribute them around your locality and place of business.

Have Referral System Using Existing Customers As Marketers

Have a system that assigns a unique number to every customer that patronizes your business, when they refer a friend with this unique code they get a discount on their next visit. This system keeps making them market for you since it’s a win-win situation. This is a system that rewards the customer and rewards you much more because one person can bring ten friends and ten friends can bring another ten making it a total of one hundred new clients just like that.

Get A Website And Mobile Phone Application For Booking

Having online presence for a salon is rare but also very important. This will be a place where people can see what you do and read testimonials by other people. See pictures and videos, contact address and phone numbers for bookings. This system can also allow customers to make online bookings, request and enquiries.

Competitions

Look for ways to outsmart your competition. Every business has other existing businesses to compete and depending on the way you start out you may have to deal with a major competitor. Go and do surveys, patronize your competitors and send people to scout their businesses, you will definitely learn something that will give an edge and increases the odds of you becoming better than them.

This is one all important factor that also needs to be given serious consideration and this is because firstly, you have to be able to ensure the security of your equipment and cash so that you don’t run at a loss at anytime in this business. Secondly, customers need to feel safe while they come around with their cash, equipment and also vehicles. It will be bad for your business if customers are been harassed and robbed on your premises. Also ensure you have a parking lot, this will encourage a certain class of customers to your business.

Advantages of Salon Business in Present Day Nigerian Economy

You get a daily return on investment because people goo to make their hair, nail, lashes etc every day.
You can resign that job you so much hate because of that annoying target or annoying boss and be your own boss. Stress free.
You get connected to a lot of individuals that can open other doors for businesses. A satisfied customer is a happy customer.
You also by setting up your own business add value to the society by reducing the unemployment rate and thereby reducing crime rates around you.
From this business with proper planning, focus and saving you can open other chains of businesses. Increasing the number of your streams of income.

How to manage a salon business in Nigeria / Tips for Success

Do constant publicity and ensure you make it attractive to the target audience that from just a piece of advert they want to come and give your place a trial. Do all you can to bring them knowing that you have what it takes too keep them coming after the first time.
The first week of your opening you can give free haircuts, manicure and pedicure etc. all these brings the customers to your doorstep so you can show them what you can do with them once they start patronizing you.
You can include soft drinks and pop corn while they are waiting for their turn this also help customers to wait even when the business place is crowded. Note that they must pay before you give them that you don’t want corny customers after having a drink and snack take a leave without paying you.
Having a line dedicated as a customer care line is very important where they can reach you for an enquiry, bookings, complains and other details.
Make your place of business as homely as possible. Make sure all your customers are comfortable while been attended to or waiting to be serviced. It keeps them coming back.
Having some form of entertainment while they wait is also very important. Have a television showing movies, news, sports or music videos to help relax the customers.
Be organized, focused and polite to customers no matter the cost. After a popular saying that A CUSTOMER IS KING.
Bookings can be done by women since most of the time the making of their hair takes a lot of time and with much more effort, sometimes done by more than one person.
Be innovative and apt to receiving new changes and latest technology that will favour business. Don’t be the last to find out about the latest technology for better and faster delivery. You may just loss your customers in the process.
Use a POS to reduce that cash in hand system and encourage our cashless economy.
Avoid bad publicity at all cost. Make sure all customers are satisfied at all cost and ensure all disputes are settled as soon as possible, better still before the customer leaves your premises.

Things You Will Need.

Towels and towel warmers
Dryers of different sizes
manicure and pedicure kits
generator for standby power
waiting chairs
chairs for attendees
air conditioners
flat screen TV and a satellite decoder
a POS machine
a changing room for staff
managers office
fridge for soft drinks and pop corn making machine
sterilizer for metallic equipment

Hurry now and get your own hair salon business plan in Nigeria + feasibility study.

To plan order, pay N10,000 to:

BANK NAME: GUARANTY TRUST BANK (GTB) ACCOUNT NAME: CHIBUZOR TOCHI ONYEMENAM ACCOUNT NUMBER: 0044056891 OR BANK NAME: FIRST BANK PLC ACCOUNT NAME: CHIBUZOR TOCHI ONYEMENAM ACCOUNT NUMBER: 3066880122

After payment, send your name, email address and title of business plan (i.e. hair salon business plan in Nigeria pdf) via text to 07033378184. Your business plan will be sent to your email within 10 minutes after payment. Thank you.

How To Start a Hair Salon Business in Nigeria / Hair Salon Business Plan © www.businessplan.com.ng

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Business and Ideas

Hair Salon Business In Nigeria (Quick Guide on How to Start)

want to learn how to start a hair salon business in Nigeria? We’ve created a comprehensive article about starting, running, and making a profit from making hair for others.

Did you know that making hair for people is one of the most profitable business ideas in Nigeria ? Come to think of it; no matter how hard things are, people are always ready to spend on their hair, as they want to look good.

Many of us always want to look smart and sharp. We spend a lot of money and time not only on the type of dress to wear but our entire grooming.

This is especially true of women, in fact, some of them if not all have a mini make-up kit in their handbag whenever they are going out.

Anywhere they get to they always want to look at their best. You see them checking the mirror to see how good-looking they still are after few hours they have stepped out and of course, they would want the image in the mirror to be attractive.

That is why a Beauty salon or hair salon will hardly run out of customers as it is frequently patronized by ladies who delight in looking good at all times.

For the ladies, looking good cannot be overemphasized for that reason the beauty salon is without a doubt one of the most visited centers in almost every society.

There is a popular saying that says “looking good is good business,” the saying has been true whether for those who look good or those making others look good.

Everyone loves looking good and as you have already know making one’s hair is one of the major pillars of looking good.

As mentioned in the article I wrote on how to start and run a successful barbershop , the way we are dressed will determine the way we will be addressed.

The business has been listed as one of those businesses that yield instant revenue on a regular and consistent basis.

So, if you’re thinking of starting one but don’t know how to go about it, just relax and read on to find out what it takes to start the business.

A hair salon business could be a very lucrative business because fashion is an ongoing process. It is one business that brings in money on a daily basis.

One major advantage of this business is that it can be started anywhere, be it in your living room, at the corner of your compound, or in a small rented space.

Steps On How to Start A Successful Hair Salon In Nigeria

While this business is believed to be dominated by womenfolk recent research shows that guys are starting, managing, and successfully running a hair salon.

And what is more, some ladies prefer to have a guy make their hair! Many hairdressing salons now have men as a stylist who gives better service even than women.

Using this article as a guide, find below the necessary steps to take in order to establish a hair salon business.

Pla nning Stage

The hair salon business is one of the daily income businesses in Nigeria. But don’t just set out without planning. Before you dive into the business, you need to do some extensive and thorough research into the business.

Ask yourself: Are you planning to run the business personally or are you planning to seek professional help by employing skilled staff?

If you are planning to run the business by yourself, are you well equipped with the necessary skills? If you will be recruiting skilled workers, do you have adequate knowledge to decipher if they are providing customers with top-class services and satisfying their needs adequately?

What is your target customer base? Which locations and areas will be favorable for the business? What is your goal, vision, and capital?

Acquire Adequate Training

Like the counterpart business barbing salon, hair styling is an art. You need to learn the necessary skills to bring out the beauty in your customers.

You must also be able to think and create new styles. So take time out to learn as your personal involvement in the business will determine to a large extent the amount of profit you will make.

Remember that your customer will likely have an event she wants to attend before stepping into your shop. Therefore, your work will be in the face of the public practically all day long, the artistry of your skills speak for you in volumes you might not be able to match with your voice or presence.

People are ready to pay large amounts as long as they know you have the skills to meet up with the charges you are asking for.

Whether you intend to work on the hair yourself or will seek to employ workers while you oversee the running of the salon, it is important that you have in-depth knowledge of making different styles of hair such as fixing of weaves, braiding of hair,

Ghana weaving, retouching, and washing. Even if you are talented naturally, it is advisable to find a reputable hairdresser to learn the trade from.

You will be learning not only how to make hair but also other rudiments necessary to running and managing a successful business.

You cannot rush into the business all in the name of becoming self-reliant. You only get yourself into a bigger problem because if you did not give satisfactory service, you are bound to be shouted at, yelled at and you will be losing customers. Take some time off and learn what the business demands.

Business Plan

Write out a detailed business plan that will give you a clearer view of what you are about to venture into.

This will include making projections, taking surveys, setting up a management plan, coming up with vision and mission statements, determining how far you want to go with the business, how to raise capital, and so on.

The amount of capital to be raised is directly proportional to the projections written in your business plan.

If you were planning to start on a small scale then you will be requiring a lower capital than someone who was planning to start on a mega phase.

The business plan will act in two major ways, firstly helping you as a guide to running the business all through the business’ lifecycle. Secondly, the business plan affords you the business owner the opportunity to get investors or raise loans from banks should there be a need for extra capital beyond your capacity.

It is important to keep this super concise, yet compelling. It’s the very first thing an investor or lender sees. You can request the service of a professional in this regard.

Many people who may decide to start small can use any of the best loan apps in Nigeria to borrow some funds (the likes of FairMoney, Carbon, Branch, etc.).

Secure An Ideal Location

Finding a good location is very important when it comes to starting a beauty salon business. So, you’ll have to think deeply about this.

How easy can my clients locate me? Is the area commercialized enough? Ask yourself questions like this before you finally settle for one.

If you have done a good job at the planning stage you will already have different ideal locations at your disposal. Wherever you set up shop should have good traffic, high visibility, and be near your target demographic.

The surrounding area should be well-lit, safe, and attractive. It’s best if it’s amidst other popular businesses.

It will cost more for a prime location, but it’s better to pay more upfront because you’ll attract more customers and grow your business much faster.

If however, you do not have enough money to rent a shop now, you can actually start from home and offer home services.

Alternatively, you can look for any available shed in your area where you can negotiate with a little amount. It can be started at any available space given the place is neat and well kept. A dirty environment is not ideal for this kind of business.

The location has to be easily accessible. If you go and get a space in a corner or in a hidden location, you may not succeed.

Try as much as possible to stay away from the competition. Don’t situate yourself directly next to a bigger professional salon. Instead, try to stake out a place where you’ll be the only salon for a few blocks.

Make sure that you get a shop space in an area with a constant power supply and ensure that there is a good source of water supply to ensure a smoother running of your business.

Beautify the Shop

Making your business place comely and inviting to your customers goes beyond just putting in chairs and tables.

If you want people to come to your shop and keep coming back, you should ensure a high level of cleanliness, both personal and environmental, your equipment should be neatly arranged, and modern equipment should be used in preference to ‘old school’ equipment.

In setting up your shop, you can make use of an interior designer. Ladies love to look beautiful, come to think of it when they slay in the latest Ankara styles in vogue , and you give a matching hairstyle.

Get a variety of Hair Styling Chairs that come in different colors and forms. Set up a hairstyling station that will have a mirror, storage drawers, tool compartments or tool holders, and an electrical outlet.

There are various designs and amenities provided with the hairstyling station that you can choose from. Arrange neatly the Carts And Trollies.

Purchase Your Equipment

Your initial survey should help you have an idea of the best set of equipment on the market, as well as the prices of the equipment.

It is imperative that you spend wisely at this stage by purchasing top-quality equipment so that you do not keep spending money on purchases and repairs.

To keep up with the different hairstyling demands of your customers, you will need the latest hair styling tools.

Always check some hair styling magazines to get an idea about the latest styling tools that are used in this business. There is a whole lot of equipment needed or a hair salon. It includes:

Standing dryer(s), blow dryers, Towels, Towel warmers, Shampoo, relaxer, Sterilizing machines, rollers, Clippers, Straighteners, trimming scissors, curling iron, curling comb, Brushes, Combs, Wash hair basin, power Generating set, Television sets and Cable TV for entertaining your waiting customers, Air conditioners (optional, standing fan in combination with ceiling fan is an alternative), Manicure kits, Pedicure kits, Refrigerator, etc.

Employ Staff

As your business grows and you expand, you will need to bring in qualified stylists to assist you to manage your growing business.

When seeking staff to work in your shop, you should ensure that the prospective staffs have quite a bit of experience.

It can be disastrous for your business if you have the wrong set of hands and a reputation for poor services by your inexperienced staff.

Take your time in employing staff and provide as much on-the-job training for them so they can provide the best services possible.

Set up rules and regulations for your staff so that there can be decorum at your place of business. If the business is quite large you might need to employ a business manager and an accountant for specialization purposes.

In addition, you must also put together your stylist training program. They need to understand the goal and mission statement of your business and be ready to work accordingly so that there will be uniformity in their approach.

All of your stylists should know the amount of time they have per service, and how much product to use on each customer based on styles of hairdo.

Employees don’t ever notice wastage until you show them how to care about it. It’s not their money they’re wasting, it’s yours. Protect your investment and make sure you have a policy/standard operating procedure for everything.

Providing Security

It is very important to be security-conscious and invest in security for your business as there are several loopholes in this business as you have several people visiting your shop daily that you do not even know or have any details about.

You have a lot of things that could get lost, cash, customers’ properties, work equipment, etc. Customers also want to have a feeling of safety when they come to your business place, the more reason why you should invest in security and be security conscious.

Publicity and Marketing Plan

Publicity is seen as the backbone of any business, any business that refuses to carry out publicity strategies is like operating in the darkness where no one notices you.

That will do no good for the business. It is important to put your business in the face of the public, let them know what you do in as many ways as you can.

You can make use of popular advertising means like flyers, billboards, posters, handbills, word of mouth, television, and radio, and social media.

You can also create a system that involves your customers in helping you publicize your business while they get benefits from each successful referral they make.

You can run special promotions and competitions as well to attract customers on a large scale especially during festive seasons. Another means of creating awareness is by the work of your hands.

If your work is really good, it would advertise for you as people seeing such a nice hairdo would want to inquire about where it was made and also get theirs made there.

Hair Salon Business Tips

Pricing: An important part of your beauty salon development plan is the appropriate pricing of your services. The price you set should correspond with the economic state of the business location.

If you’re in an urban area with larger homes and other commercial buildings, you can price your services accordingly, and even offer outstanding beauty and spa services.

Regular maintenance: Another operational task that’s required to uphold the image of your salon is regular maintenance.

You have to keep the salon looking and smelling fresh and clean so it’s inviting at all times, no matter how much traffic comes through the door or how bad the weather is.

Ensure you hold to high esteem cleanliness and hygiene in and around your business location.

Customer Satisfaction: Customers expect excellent service when they enter a salon. With tight competition in this industry today, no one can afford to risk losing a client through inappropriate behavior or poor performance.

It is often easy to turn clients off. This client will then circulate complaints with their peers and the bad publicity spreads. This is not good for the business.

That is the very reason why you have to let every individual in your management know how their performance affects the business as a whole.

A hairstylist should be of very good behavior when attending to his or her customers as bad behavior will only chase away your customers and give your business a bad name.

It is also important that you provide quality hair and beauty operations so that your clients will keep coming back for maintenance.

Ensure that you go out of your way to make your clients feel valued and appreciated. And focus on giving them the best possible experience each time.

With their consent, you can get their contact information like WhatsApp number or email address so that you can easily send them updates on new products/services, and any special offers you have.

Offer other services: It is important to note that you do not necessary need to limit your shop space to only be used as a hair salon; other forms of businesses can be run concurrently thereby maximizing profits. Some of these services are listed below:

Pedicure and manicure
Sales of hair accessories
Sales of refreshment
Sales of Nail accessories and cosmetics
Make up studio
Collaborate with a barbing salon

Conclusion On Starting a Hair Salon Business In Nigeria

This business is highly regarded as one which produces a great amount of profit, especially on a daily basis.

Proper investment and management measures will result in gaining a great deal in profits. Despite the fluctuations of the economy, the beauty industry continues to blossom.

Well, this is because many of the services offered by salons simply can be difficult to carry out at home.

You may be faced with some challenges, it is important not to give up until you’ve tried everything possible to make it work.

Most successful businesses today didn’t get to the level they are without facing one obstacle or the other. The challenges when you overcame will make you more stronger and experienced.

Did you find this piece helpful? Let’s have your comments.

Even More Topics:

15 Business ideas for ladies in Nigeria
How to start a bakery business in Nigeria

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How To Start A Hair Business In Nigeria – Detailed Guide

If you are looking for a guide on how to start a hair business in Nigeria, click here for detailed instructions to successfully run a hair business in Nigeria.

Starting a hair business in Nigeria can be a lucrative venture, given the country’s growing population and increasing demand for hair products. However, like any business, it requires careful planning and execution to ensure success. In this comprehensive guide, 2V Hair will walk you through the step-by-step process of how to start a hair business in Nigeria, from market research to marketing strategies.

1.1 Market research: Understanding the Nigerian hair market
1.2 Create a business plan
1.3 Setting up your hair business: Practical Steps
1.4 Marketing and promoting your hair business
1.5 Managing and growing your hair business
2.1 2V Hair Factory
2.2 UNice Hair
2.3 SGI Hair
2.4 Mic Hair
2.5 Ted Hair
2.6 Layla Hair
2.7 Jaipur Hair
2.8 Adorable Hair
2.9 Isee Hair
2.10 5S Hair

How to start a hair business in Nigeria step by step

how to Let’s go through step-by-step of starting a hair business in Nigeria:

Market research: Understanding the Nigerian hair market

Before diving into the hair business, conducting thorough market research to understand the industry landscape in Nigeria is the first and foremost step in the guide on how to start a hair business in Nigeria .

Here are some key aspects to consider:

Hair trends in Nigeria: Research the latest hair trends in Nigeria to identify popular styles, colors, and textures. This will help you determine the types of hair products to offer and stay ahead of the competition. The most popular product in the Nigerian market is hair weft combined with closure/frontal and wigs in bone straight hair texture.
Target market analysis: Identify your target market by considering factors such as age, gender, income level, and location. This will enable you to tailor your products and marketing strategies to meet their specific needs and preferences.
Competitor analysis: Study your competitors to understand their product offerings, pricing strategies, and marketing tactics. This will help you differentiate your business and develop a unique selling proposition. The main distributing channels of Nigerian hair sellers are the website and Instagram channel. You can research competitors on these channels.
Supplier research: Research potential suppliers of hair products, both locally and internationally. Consider factors such as product quality, pricing, shipping options, and customer reviews to ensure you partner with reliable suppliers.
Legal and regulatory requirements: Familiarize yourself with the legal and regulatory requirements for starting a hair business in Nigeria. This includes registering your business, obtaining necessary permits and licenses, and complying with tax regulations.

Do not skip market research if you want to succeed in the hair industry.

Trending hair products in Nigerian hair market

Create a business plan

Once you have conducted thorough market research, it’s time to create a comprehensive business plan for starting hair business in Nigeria.

Here are the key components to include:

Executive summary: Provide an overview of your hair business, including its mission, vision, and goals. Highlight the unique aspects that set your business apart from competitors, for example, your hair business sells 100% premium human hair, no mixed or synthetic hair.
Company description: Describe your hair business in detail, including its history, legal structure, location, and target market. Explain how your products will meet the needs of your target market and provide value.
Product line: Outline the types of hair products you plan to offer, such as wigs, weaves, extensions, and hair care products. Include details about the quality, pricing, and sourcing of your products.
Marketing and sales strategies: Detail your marketing and sales strategies to attract and retain customers. This may include online and offline advertising, social media marketing, influencer collaborations, and customer loyalty programs.
Operations and management: Explain how your hair business will be structured and managed. Outline the roles and responsibilities of key team members, as well as the operational processes for inventory management, order fulfillment, and customer service.

Create a plan for your hair business in Nigeria

After making a comprehensive business plan, let’s move to the next step on how to start a hair business in Nigeria: setting up your hair business.

Setting up your hair business: Practical Steps

Now that you have a solid business plan in place, it’s time to take practical steps to set up your hair business in Nigeria. Follow these steps to get started:

Register your business: Register your hair business with the Corporate Affairs Commission (CAC) in Nigeria. Choose a unique business name and complete the necessary registration forms. Pay the required fees and obtain your Certificate of Incorporation.
Source the hair: Contact potential suppliers of hair products that you have found when researching the market and negotiate favorable terms. Consider factors such as product quality, pricing, shipping options, and customer support. Vietnam is one of the best places for wholesale hair extensions due to high-quality hair at reasonable prices. So the way you find how to import hair from Vietnam to Nigeria is not very hard.
Set up online presences: Create a professional website and social channels like Facebook, and Instagram for your hair business to showcase your products and attract customers. Optimize your website for search engines by using relevant keywords and providing valuable content. Establish social media profiles to engage with your target audience and promote your products.
Develop a pricing strategy: Determine the pricing strategy for your hair products based on factors such as production costs, competitor prices, and market demand. Consider offering competitive prices while maintaining profitability.

Marketing and promoting your hair business

Now that your hair business is up and running, it’s time to focus on marketing and promoting your products to attract customers. This is the next step in our guide on how to start a hair business in Nigeria.

Here are some effective strategies:

Social media marketing: Utilize popular social media platforms such as Instagram, Facebook, and Twitter to showcase your hair products. Post high-quality images, engage with your followers, and collaborate with influencers to increase brand visibility.
Content marketing: Create valuable and informative content related to hair care, styling tips, and trends. Publish blog posts, videos, and tutorials on your website and social media platforms to establish yourself as an authority in the industry.
Email marketing: Build an email list of interested customers and send regular newsletters with updates, promotions, and exclusive offers. Personalize your emails to make customers feel valued and encourage repeat purchases.
Collaborations and partnerships: Collaborate with influencers, hairstylists, and beauty bloggers to promote your hair products. Offer them free samples or discounts in exchange for reviews, mentions, or sponsored content.
Customer loyalty programs: Implement customer loyalty programs to reward repeat customers and encourage brand loyalty. Offer discounts, exclusive access to new products, or referral bonuses to incentivize customers to continue purchasing from your hair business.

Marketing your hair business in Nigeria

Managing and growing your hair business

As your hair business grows, it’s important to effectively manage your operations and continuously seek opportunities for growth.

Here are some tips:

Inventory management: Implement an efficient inventory management system to track your stock levels, monitor product popularity, and ensure timely reordering. This will help you avoid stockouts and meet customer demand. Customer service excellence: Provide exceptional customer service to build a loyal customer base. Respond promptly to customer inquiries and resolve any issues or complaints professionally and promptly.
Expand your product line: Continuously assess market trends and customer preferences to identify opportunities for expanding your product line. Introduce new hair products or variations to cater to evolving customer needs.
Attend trade shows and exhibitions: Participate in relevant trade shows and exhibitions to showcase your hair products and network with industry professionals. This will help you gain exposure, attract new customers, and stay updated on the latest industry trends.
Monitor and analyze performance: Regularly monitor and analyze key performance indicators (KPIs) such as sales, customer acquisition costs, and website traffic. Use this data to identify areas for improvement and make informed business decisions.

Starting a hair business in Nigeria requires careful planning, market research, and effective marketing strategies.

Remember to stay adaptable, continuously learn from your customers and competitors, and always strive for excellence in product quality and customer service.

Attend trade fairs and exhibitions to grow your hair business

Top 10 best suppliers to source hair to start a hair business in Nigeria

Below we have compiled the top 10 suppliers in the world to source hair when starting a hair business in Nigeria.

2V Hair Factory

Jaipur hair, adorable hair.

2V Hair Factory is worldwide regarded as Vietnam’s preeminent hair manufacturer. With 10 years of experience in the hair industry, 2V Hair Factory has gained a strong reputation for providing premium hair at the most competitive price in the market.

Hair products: 2V Hair Factory supplies weft hair, bulk hair, clip-ins, tape-ins, tip-ins, frontal, closure, and wigs in numerous choices of colors, lengths, and textures.
Competitive price: competitive, 1 kg of straight hair 8 inches costs only $88.
2V Hair Factory has a strong customer base with customers from all over the world like the UK, the US, Nigeria, South Africa, Ghana, Canada, Australia, Russia, Cameroon,…
Working with 2V Hair Factory means working with the direct hair manufacturer, which results in consistent quality hair supply and wholesale factory price.

Contact 2V Hair:

WhatsApp Number/ Hotline: (+84)348558031
Instagram: https://www.instagram.com/2vhairfactory/
Email: [email protected]

If you are about to start a hair business in Nigeria, 2V Hair Factory will give advice on where to start and the most popular products in Nigeria.

Product line of 2V Hair Factory

2V Hair Factory has customers from all over the world

UNice Hair is a well-known hair brand not only in China but also in the world. It is among the leading and biggest hair wholesalers in the world.

Products: UNice Hair supplies a wide range of hair extensions and their main products are hair wigs. They supply wigs in numerous designs for daily use or special occasions like anniversaries, birthdays,..
Price: rather high, from $36 per 100g 8″ bundle.
Service: A committed staff is available to answer inquiries, address concerns, and give advice to customers.

Contact UNice Hair if you are looking for unique hair wig designs for special occasions.

Products line of UNice Hair

SGI Hair is a notable name among Indian wholesale hair suppliers to buy hair for those who are concerned about how to start a hair business in Nigeria.

They supply weaves, closures, hair extensions, and wigs… in a variety of styles and sizes
SGI Hair has developed a solid reputation for supplying outstanding customer service by promptly responding to inquiries.
SGI Hair provides unprocessed Indian temple hair so you can rest assured when buying from them.

Mic Hair is unquestionably one of the most reliable hair suppliers wholesale from Vietnam and one of the best wholesale hair vendors in Nigeria .

They supply numerous textures, lengths, and colors of hair weaves, extensions, closures, frontal, and wigs.
Prices for 8-inch straight natural hair begin at $18.4 per 100 grams.
Customer service is essential to the success of this hair company. They receive numerous positive reviews from international customers for great customer service.

Contact Mic Hair if you want to know more about their hair extension products, prices and service.

Some products of Mic Hair Company

Besides UNice hair, Ted Hair is another biggest and leading hair wholesaler from China.

Ted Hair offers hair extensions, closures, weft, wigs, and other hair products.
Prices for 10 inches of natural, unprocessed, straight hair begin at $23.5/100g.

Ted Hair is also a reliable supplier to source hair if you want to start a hair business in Nigeria.

Everything about How to Start a Hair Salon Business

One of the most profitable sectors in the economy is undoubtedly the beauty business. This means that if you’ve always wanted to know how to start a hair salon business, now is the time. If you’re unsure of what you’ll need to start a salon or where to begin, check out Queen Hair’s guideline for how to start a hair salon business!

1 Potential of hair salon business
2.1 How to start a hair salon business plan
2.2 How to start a hair salon business: Building a budget
2.3 How to start a hair salon business: Check for necessary credentials
2.4 How to start a hair salon business: Look for a suitable place
3.1 How to start a hair salon business from home
3.2 How to start a hair salon business: Supplies and furnishings
3.3 How to start a hair salon business: employing workers
3.4 How to start a hair salon business: marketing

Potential of hair salon business

If you’ve always wanted to create your own hair salon, the moment is right now. It is predicted that the salon sector would continue to develop, according to Zion Market Research. Every year, this market gathers about 20 billion $ in revenue. In 2024, the worldwide market for spas and beauty salons is expected to be worth around 190.81 billion dollars.

How to start a hair salon business: knowing the potential

With a still-growing market, entrepreneurs in the beauty industry have an excellent chance of succeeding if you know how to start a hair salon business right. As a whole, the sector is dominated by local businesses rather than giants with countrywide reach.

How to start a hair salon business plan

This guide will walk you through the important stages of how to start a hair salon business if you want to establish a hair salon from scratch. Scroll down to learn more about how to start hair salon business.

This is every aspect of how to start a hair salon: from how much money is required, to where the salon will be located, and what services it will provide, must be well planned and organized.

How to start a hair business strategy should include not just what you want to accomplish and how you plan to do it, but also what the market looks like and how you aim to differentiate your salon from others in the area.

Here are some items to include in your how to start a hair business plan:

Set a summary for your how to start a salon business plan: aims, setting, and financial parameters. This is an outline of what kind of salon you’d want to open and what your USP is.
It is important to do market research to show your understanding of your target market and the rise and failures of hair salon businesses that compete with you.

A marketing strategy — a look at your salon’s competition and how you want to advertise it. Think of the kind of marketing strategy you plan to employ when you plan how to start a hair salon business.

How to start a hair salon business: Building a budget

If you ever wondered “how to start a hair salon business with no money”, here’s the plan. Get a handle on how much money you need for how to start a hair salon business. Determine how much money you’ll need to start your business, and where it will come from, before applying for a bank loan or borrowing from family and friends.

As a rule of thumb, you’ll likely need a mix of several financing sources, including your own money and bootstrapping. No matter the path on how to start a hair salon business you choose, it’s critical to have a firm grasp on the sources of funding from the beginning.

How to start a hair salon business: Check for necessary credentials

If you want to know how to start a hair salon business, you should check with your local council to see if you need to register your beauty company so they can verify that you are adhering to health and safety requirements.

Make sure your workplace is clean, well-ventilated, and well-lit; ensure that your employees are sanitary and utilize equipment properly; and show that you have public liability insurance, among other things.
The handling and application of hair colors and shampoos is one of the most essential rules for hairdressers to follow, since some may be harmful, resulting in problems like dermatitis.

A fee and a thorough inspection of the premises may be required in how to start a hair salon business before a certificate of registration may be issued by the local government agency. You should also display a copy of the certificate in the salon where your customers can see it.

How to start a hair salon business: Look for a suitable place

A hair salon business’s success or failure is directly related to the location you chooses. In how to start hair salon business, a location can make or break your potential.

An ideal location is one that has a large volume of foot traffic and is near where your target audience frequents stores or resides. People wanting to know how to start a hair salon business plan should be choosy about their location since it is critical to their success.
Additionally, Queen Hair recommends going around the neighborhoods you’re interested in and checking out any unoccupied residences. If there isn’t a “for sale” sign in the window, it doesn’t always indicate the item isn’t for sale. It could be the perfect chance for how to start a hair salon business, if you find that individuals often hold on to a piece of land for personal use but are open to renting it out. You may always ask the owner if a compromise can be worked out.
Ask yourself questions like “Is there enough space to park here?” “Is there going to be construction on your street?” in how to write a business plan for hair salon.

Before deciding on a place, you need to discover everything you can about the region. Consider the demographics of your target audience, the local competition, and the logistics of getting your clients to your salon.

See more: Names of hair salon in Nigeria

How to start a hair salon business and and get it running

After the first steps of how to start a hair salon business plan are complete, you’ll get down to the business of launching your hair salon. Your brand vision should reflect the kind of customers you wish to attract before you begin setting up your hair salon.

How to start a hair salon business from home

A home-based hair salon might be a good option if you want to save money on rent or have more control over your work schedule. Of course, you’ll want to make sure you have enough room in your house to provide clients with hair cutting and coloring services. Think about:

Whether your customers will be able to sit comfortably in your chair while you work on their hair
If you have enough parking spaces for customers
You may also add a backwash unit if you have the room, which can boost customer satisfaction and make your business seem more professional.

Check the laws of beginning a home business before you find how to start a hair salon business from home. If you want to use the property as a place of business, you’ll likely have to get permission from the owner or your mortgage lender. In order to protect your hairdressing equipment, you may also want to obtain office contents insurance, since most house insurance plans do not cover equipments or property used for business.

How to start a hair salon business: Supplies and furnishings

Prior to carrying out your how to start a hair salon business plan, you’ll need to cover your salon with the required tools, plush furnishings, and quality. It’s easier and more reliable to work with reputable, experienced vendors that can offer you everything you need and sometimes even cheaper pricing on large orders in the first place.

This is Queen Hair’s recommended list for hair salon essentials. At the absolute least, any hair salon will require these items:

Desk with mirrors
Styling chairs
Sinks with recliners for washing hair
Waiting room seats
Carriage trolley for tools
Razor blades, clippers, and scissors
Brushes, combs, and clips
Curling irons, straightening irons, and blow dryers
Brushes, foils, and mixing bowls for applying dye

Chair cloths for customers
Gloves and aprons for safety
A variety of style and coloring options available in the form of products like shampoo and conditioner.

If you want to put hair extensions service in your how to start a hair salon business plan, you should find a reliable hair vendors to order hair. Queen Hair – one of the best Vietnamese hair factory offers your salon with premium human hair bulks and hair extensions at an affordable price. Having worked with many hair salons around the world, we are more than honored to be assisting you in building a lucrative hair salon business.

How to start a hair salon business: employing workers

Your salon is just as good as the individuals who work there, so it’s important to do your due diligence when it comes to hiring stylists. You can consider hiring people with existing skills, or train them from the ground up. If you want to recruit stylists who already have a wide range of specialized talents or if you want to train them further, you may decide how much experience you want them to have beyond their first training.

Hairdressing is a social job, so you’ll want to look for people who are both personable and professional, and who are able to put their clients at ease.

How to start a hair salon business: marketing

In how to start a hair salon business, you need customers to come to your place first. A well-thought-out marketing strategy is essential if you want to attract new customers. You can’t effectively implement a marketing plan without a budget set out.

How to start a hair salon business: Marketing

If you don’t have a lot of money, building a website can be out of reach. Starting your marketing campaign for your hair salon on social media will be your best bet. Instagram, Facebook, and other e-commerce sites are all free to use. Post about your hair salon and models in eye-catching photos and videos!
If you’re on a limited budget, there are a plethora of free and low-cost website building tools available for you to consider how to start a hair salon business. Ideally, your website should offer beneficial information for your consumers, such as hours, location, contact information, and price. It should be visually appealing. The majority of salons now accept reservations online, so keep an eye out for that as well (or you may lose customers to salons who do offer this convenience).
Getting engaged in your local community is a terrific way to spread the word about your salon. Plan a modest charity event, such as sponsoring an elementary school play, or having employees assist at a neighborhood baseball game, to draw in new consumers. You can also offer discounts for nearby places, like a school, college or office.
In order to know how to start a hair salon business, it is a good idea to have a presence on Instagram. Create a content plan, learn which hashtags are trending in your industry, and start following other local companies. You can also ask your clients to tag your salon when they post a picture of their new hair.

This is using the information you’ve gathered about your target audience to develop a salon brand that speaks to their preferences, likes, and dislikes. A brand for your salon is important, even if you think it’s something only huge companies do. You need to adapt your appearance to your target audience, and developing a brand is a critical part of that process.

If you want to start quality hair extensions service or wigs, Queen Hair would like to offer premium human hair bulks and extensions for your salon. Queen Hair’s quality Vietnamese real human hair extensions are available for as little as $8.4 per bundle, making them your affordable entry point into the hair salon industry.

Because we cherish our customers, Queen Hair firm has established Customer Protection policies and provides free after-sale assistance. You can count on our specialists for advice on how to establish and run a hair salon, as well as on how to take care of your Queen Hair extensions.
Hair salons, wig stores, and retailers are the primary customers of Queen Hair, a B2B hair provider. With our experience in the industry, we can assist you in building a lucrative hair salon business. Since we’ve worked with many hair salons around the globe, we’d be happy to share our knowledge and insights with you.

For a new hair salon owner, you would receive our introductory discount at Queen Hair!

Website: queenhair.ng
Whatsapp: +84 84 444 48 29
Instagram: @queenhair_official

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Business Ideas

How to start hair salon business in nigeria.

If you have been having the thoughts of starting a hair salon business in Nigeria. This article is the ultimate guide for you. In this article on how to start a hair dressing salon in Nigeria, I will be explaining in detail whether the hair salon business is profitable, the cost of starting, the equipment needed, and most importantly the step-by-step guide to starting a profitable hair salon business in Nigeria.

There have been questions if men or guys can be able to start a lucrative hair salon business in Nigeria just like women. This is because, till today, so many women believe it is only women that can make hair. Well, from what I have seen so far men can run hair salons just like they run barbing salons. Women can also run barbing salons perfectly.

Is Hair Salon Business Profitable?

There are so many reasons why the hairdressing business is profitable in Nigeria. The first reason why the business is lucrative is because of the high demand for its services . Nigerian women, ladies, and girls like looking beautiful. For this reason, they spend money to make their hair.

They could either plait it, fix attachments or simply buy wigs to wear to look good. To do all this and stand out they need the service of a hair stylist or hairdresser. Another reason why the hair salon business is profitable is the other services the hair salon business offers.

Hair salons also render services like repair and maintenance of wigs, sales of attachments, fixing of nails, and more.

Capital Needed to Start Hair Salon Business

There are so many questions as to the capital needed to start a hair salon business in Nigeria or the cost of starting a hairdressing salon business in Nigeria. The cost of starting a business like this normally ranges from #500,000 – #2,000,000. How much you will spend as capital to start a profitable hair salon business in Nigeria depends on the area you stay and want to start the business.

For example , it will cost more to start a hair salon business in an urban area than in a rural area. However, you will spend the bulk of your money (starting capital) on equipment needed for your hair salon business and rent for your shop unless you want to start the business from home.

List of Hair Salon Equipment

There are equipment or tools needed to start a hair salon business in a country like Nigeria. These equipment ranges from the most expensive to the cheapest.

1. Hair dryer

2. Salon table

3. Salon Cape

4. Salon Apron

5. Salon towels

6. Salon mirrors

7. Hair clips

8. Hairbrushes

9. Barely brush

10. Scissors (assorted)

11. Curling iron

12. Hair straightener

13. Styling chairs

14. Fans/Air conditioner

15. Generator

Here are steps on how to start hair salon business in Nigeria.

1. Learn How to Make Hair

This is the first step on how to start a hair salon business in Nigeria. The hair salon business is a handwork. If you are going to employ a worker(s) that will make hair for your customers you need to learn how to make hair. Learning to make all types of hair is necessary so your customers will not have any reason to leave your shop for another hair salon.

The average time you need to learn hairdressing handwork is 3 months. But to make sure you learn everything necessary for you to learn you can learn it for 6 months.

2. Write a Business Plan

The second step to starting a profitable hair salon business in Nigeria is to write a hair salon business plan . This is very important especially if you are investing big capital into the business. If you are not investing a huge capital into the business you can just do the market survey for the business, especially in the area you want to start your hair salon business.

Writing a hair salon business plan has different ways or different steps. You can use online business templates to write or simply hire a professional to write the business plan for you. The professional will write the hair salon business plan based on the capital you have at hand. Or based on whether you want a small-scale hair salon or a large-scale hair salon.

3. Get the Required Capital

Depending on the area you want to start your hair salon business you will need huge capital, especially for the shop rent and the hair salon equipment. You need to make sure you have enough money to start the business before you go into the business so that you do not get stuck halfway.

In the meantime, if you do not have all the capital needed you can render home services first till you have saved up for the capital needed. As I said earlier, the capital needed to start a hair salon business ranges from #500,000 – #1,000,000. Read our guide on how to start a business in Nigeria with no capital if you have no clue on how to start a business without capital.

4. Buy your Salon Equipment

Hair salon equipment ranges from original to fake, expensive to cheap, and new to tokunbo. The kind of hair salon equipment you buy for your hair salon business depends on the capital you have at hand. Many people who go into the business buy tokunbo equipment instead of new ones.

However, it depends on you. When it comes to the generating set, you need to buy a generator that can work with your hair dryer and other important electronics in your shop.

5. Rent a Shop for Hair Salon

When it comes to renting a shop for your hair salon business in Nigeria there are a few things you need to put into consideration. You need to consider the size of your hair salon shop. You do not want a place where your customers can not comfortably stay.

You also need the shop to be able to display other things you want to sell to customers like wigs, attachments, and more.

You need to consider the location of your shop. You do not want to rent a shop in a hidden place – a place customers cannot easily locate you. You should consider looking for available shops at bus stops, roundabouts, t junctions, and major streets. Lastly, you must consider the cost of rent. The shop must not be expensive.

6. Furnishing Hair Salon Shop

After renting the shop you need to furnish it with all the equipment you bought. You will also need bright bulbs to light up the shop, especially at night. The electrician will help you to properly install all electronics in the shop while a carpenter will help you install all furniture in the shop. Depending on what you prefer, you can connect your shop to NEPA or simply run your generator all the time.

7. Start the Hairdressing Business

You can start your business immediately if you furnish your hair salon shop. You do not need to wait for a perfect time before starting. To get your first set of customers, you can simply invite your family and friends to come to make their hair in your salon. If you do a good job with their hair, they will refer you to their friends for free.

You can also inform your church members about your hair salon business. And promise them a discount when they come to make their hair.

8. Profits in Hair Salon Business

There are many ways to increase profits in your hair salon business in Nigeria. The first step is to diversify your business – making sure that you are not just making hair in the business. You can also sell wigs, attachments, cosmetics, and other related products alongside your hair salon business. Asides from this, you can render home services for customers that do not want to come to the salon.

Hair salon business is a profitable business in Nigeria because of its high demand. It is no longer a business that attracts women alone as men too now plait their hair. You too can start small today and build your profits slowly and gradually build fame through consistency.

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How to start a hair salon business in nigeria .

February 5, 2024 tessy Business Ideas , Other 0

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.

How To Start A Hair Salon Business In Nigeria 2023

The hair salon business in Nigeria has gained prominence over the centuries as plenty of people now see the need to participate energetically in the business.

The competition is so fierce that some people merely survive it. Day after day, people are falling off the hair salon business as they cannot compete with their business counterparts.

Nevertheless, there are still people who are generating mouth-watering revenues from the hair salon business.

The difference is how they started the business because the beginning of everything determines the end.

In this article, I will show you how to start a long-lasting hair salon business that will generate the kind of revenue you long for.

Hair Salon Business In Nigeria

Almost everybody in the world is particular about their looks because looks give the first impressions about people.

Looking good shouldn’t be a choice, but a necessity; that is why hair salons are situated at every corner to give us that decent look we yearn for.

The hair salon business in Nigeria is good and very lucrative. Nobody ventures into it the right way and regrets it as people now pay huge amounts of money to look good and attractive.

Moreover, in this 21 st century, hair making is not only for the illiterates and low-class people, graduates and high-class people now see the need to run hair salon businesses.

The hair salon business is very competitive, you need to be skilled to remain relevant.

This article aims at showing you the right steps on how to start a hair salon business.

Things To Consider Before Venturing Into Hair Salon Business In Nigeria

The cost of opening a hair salon
The type of hair salon you wish to start
Finances for your hair salon business
How skillful you are
The class of customers you wish to serve
Your marketing plan

17 Steps To Start A Hair Salon Business In Nigeria

There are different steps on how to start a hair salon business in Nigeria. The steps listed and explained here are the best steps ever!

1. Choose Your Vocation

Before you even acquire some knowledge for your hair salon business in Nigeria, you need to choose your vocation. Choose the area you love.

You don’t need to do everything, just be conversant with the few you’ve chosen and walk your way to success. Moreover, if you think you can handle every area of the hair salon business, it’s also a good thing.

The different areas of hair salon business are:

Fixing of hair
Braiding of hair
Making of fixed wigs
Making of braided wigs
Washing of hair
Treating of hair, etc.

2. Get the hair making skill

It is important to get adequate and proper training if you want to succeed in your hair salon business in Nigeria.

Venturing into the hair salon business half-baked without knowing how to perfectly make different hairstyles will make you lose your customers to your competitors.

The hair salon business requires you to be very skillful and smart because your work will speak for you and market your business even when you are not there.

Moreover, it does not matter Whether you want to employ staff to run the hair salon business for you or you want to do it yourself, what matters is to have enough knowledge of what you are doing; this will help you make decisions and know the strategy to apply to stay in business.

You also need to ask questions, go to the different hair salons and make inquiries, do your market research very well, it will help you.

3. Have The Necessary Experience

Experience, they say is the best teacher. After acquiring hair-making skills and becoming a hairstylist, it is necessary to have working experience. This will help you know how to go about your hair salon business.

Study your employee, know what he/she has done right and what he/she has done wrong, it will help you avoid unnecessary problems at the initial stage of your business.

4. Create A Business Plan

The absence of a business plan before starting your hair salon business is the beginning of your failure.

A business plan will point you in the right direction and shade off every unnecessary distraction that may make you lose focus.

A good business plan guides you through starting and managing your business. It is the tool you’ll use to convince people that working with you or investing in your business is the right choice.

Your business plan depends on the size, format, and goals of your business, it is important to choose the right business plan for your individual business needs.

There is no right or wrong way to write a business plan. What’s important is that your plan meets your needs.

Hair Salon Business Plan In Nigeria Format

Executive summary
Company description
Market analysis
Organization and management
Marketing and sales
Funding request
Financial projection

5. Get A Business Name

Imagine existing without a name. Your name is your identity, likewise your business. People know your business name first before they know you.

Your business name must pass information about your business and must be short and captivating. There is hardly anywhere you see a hair salon without a name.

The business name will distinguish you from your competitors and make you unique.

If you cannot think of any business name, you can consult a business expert or seek help on the social media platform.

You can also use online business name generators like Shopify, Business Name Generator, Oberlo, and BNG to generate your business name.

The hair business name generator provides instant suggestions in three simple steps:

Think of a word that best describes your hair business
Enter it into the name generator space.
Click on the “generate names” button

After doing this, the name generator will display numerous names for you to select from. Learn why your business needs the perfect name, and how to find it .

6. Register Your Business

Registering your business name with the Corporate Affairs Commission has a lot of benefits to you as the business owner.

Apart from it making your business look authentic and making you operate as a professional, other benefits of registering your business name are:

Protecting your brand name
Preventing police harassment
Access to government loans
Customer trust
Government contracts
Facebook verification, etc.

Furthermore, before you can register your business name, you must have an account registered with the Corporate Affairs Commission-Company Registration Portal.

Secondly, would need to conduct a name search of the business. You can achieve this using your Corporate Affairs Commission-Company Registration Portal account.

Learn how to register your business name with the Corporate Affairs Commission in Nigeria .

Registration Steps For Business Name With The Corporate Affairs Commission

Check for availability of the Business name
Complete pre-registration form – CAC-BNo1 and upload relevant registration documents Online using Company Registration Portal)
Pay filing fee

Now registration of company name with Corporate Affairs Commission is end-to-end on the COMPANY REGISTRATION PORTAL (CRP) with electronic Certificate of Registration and Certified Extract of registration information.

You can register your business name without the services of the legal practitioner, Chartered Accountant, or Chartered Secretary.

7. Set Your Budget

When you know the type of hair salon you want to start, you will need to examine your finances. Hair salon expenses vary widely based on your business size and location.

For example, a home-based or street corner hair salon may only cost a few amounts of money but a large salon in an attractive location may cost a huge amount of money.

If you want to set up a standard hair salon, then you need to expand your budget. Learn how to finance your hair salon business in Nigeria .

Things to budget for your standard hair salon business are:

A shop space
Wash hair basin
Standing dryer
Trimming scissors
Curling iron
Hair straightener
Carts and trolleys
Fan/hair conditioner
Shampoos and conditioner
Comfortable chairs
Towels and towel warmer
Table with drawers
Generator for standby power supply
Television, etc.

Also See: Top Profitable Business To Start With 100k In Nigeria

8. Determine Your Target Customer

Your business decisions will be shaped by the type of customers you plan on serving. Research the market in your area to know the services to offer your target customer.

If your target customers are old women, young women, high-income earners, working professionals, stay home mothers, children then make sure you provide services that will accommodate them.

By Determining your target customers, you will know how to set your hair salon business to satisfy them

9. Choose Location For Your Hair Salon Business

Having the right location for your hair salon business in Nigeria will play a significant role in your business growth.

A good location will make your business to be visible to people.

In choosing your location, you should have your target audience in mind. Moreover, It is not advisable to situate your hair salon in an area where there are many hair salons to avoid unhealthy competition.

Choose a high-traffic area, busy streets, or space next to places where people visit often, such as entries, grocery stores, markets, etc.

Choose an area with a constant power supply and a good source of water supply.

Also, be familiar with the area, know the local competitors, know how customers will get to the salon, make sure there is ample parking space and a restroom, ensure that there are no security threats.

10. Employ Professional Personnel

This isn’t compulsory, but you need staff to enhance your workflow and increase profitability. If you want your hair salon business to boom, then you need talented hands to assist you.

Make sure the people you hire have strong work ethics, good attitudes and are capable of retaining customers. You should also treat your employees well because how you treat them will determine their output.

Also See: How To Start A Clothing Business In Nigeria

11. Get A Complimentary Card

To look professional, you need a business card with your contact details and business address printed on it. Offering your complimentary card to potential customers signifies that you know what you are doing.

You can keep some cards in your pocket or purse and hand them out when exchanging pleasantries with potential customers. Business cards can promote your business beyond where you ever think of and bring in more customers.

12. Publicize Your Business

Your business is meant to be seen and patronized by people. Do not keep a closed mouth, announce your business, make it known to people, talk about it like you’ve never done before.

Also, do not relent using social media platforms like Facebook, Twitter, Instagram, etc to advertise your business.

Moreover, to accurately publicize your business, design and distribute attractive flyers, take professional pictures of your works, make short videos of your works and post them on social media platforms where there is a wide audience because people are moved by what they see and not what they hear.

Make sure you fiercely advertise your hair salon business online and offline respectively.

13. Do Not Overcharge Your Customers

Rome was not built in a day, so you cannot become rich overnight. it is not advisable to chase away your customers by charging them very high .

Make your price moderate, do not cheat yourself and customers too, let there be a balance.

Moreover, moderate prices increase patronage and your availability in business. When your customers constantly patronize you and bring more customers to you, then you are bound to make more money.

14. Maintain A Clean And Safe Environment

Cleanliness is next to godliness; nobody likes a dirty environment. If you want your hair salon business in Nigeria to bloom and bear fruits, make sure your business environment is clean, safe, and relaxed for your customers.

Make sure you scrub the floor at all times, keep your towels, curtains, and combs clean, and disinfect every sharp object.

Make sure your customers receive professional services for constant patronage because What your customers tell others about your services will determine your growth.

15. Offer A Wide Range of Services

When you focus on one aspect of the hair salon business in Nigeria, you may not make enough money as you would make if you offered a wide range of services.

Aside from braiding or fixing of hair, you can offer other services like washing and relaxing of hair, hair treatment, pedicure, manicure, fixing of nails and eyelashes, etc. Many people prefer to do everything in one place to go to different places.

16. Have A Good Customer Relationship

The essence of opening a business is to make a profit and without customers, profit cannot be made.

Customers will determine your duration in business, so it is advisable to rather make more customers rather than chasing them away.

The way you relate with your customers will determine their level of commitment. It is good to have a good relationship with your customers, make them feel valued and appreciated, and focus on giving them the best experience.

Always reach out to your customers by collecting their contact information and send them updates on new products/services, and any special offer you have for them.

Do not compromise your standards to avoid falling out of business.

Consistency is the key to a successful business. It is one thing to establish a business, it is another thing to grow it. To grow and expand your business, you have to be consistent.

Neglecting your business will make people see you as being unserious. Dedicate time for your business even if you have staff working for you.

Do not assume a secondary position in your business because your staff will not handle your business as you.

17. Create A Hair Salon Blog Or Website

This is not compulsory, but to keep your customers engaged, you can own a blog or website where you post things about hair—new hairstyles, new hair products, advice on how to take care of hair, etc.

You can also talk about existing hair products and why they should use them. There is no how you will follow these steps that customers will not come begging you to take their money.

The hair salon business in Nigeria is very profitable if you start well. You must follow the steps on how to start a hair salon business explained in this article if you want to remain and grow in business.

I hope this guide on how to start a hair salon business in Nigeria helps?

Good luck in your hair salon business!

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2 thoughts on “How To Start A Hair Salon Business In Nigeria 2023”

Wow amazing , I read this from start to finish, very helpful content.. Thank you ????

We are glad you liked it Sharon.

How To Start a Hair Salon Business in Nigeria

HOW TO START A HAIR SALON BUSINESS IN NIGERIA There is one thing certain in this life, everyone wants to look good. When people look in the mirror, it is because they want to check out how they look and of course, they’d want the image in the mirror to be attractive. Women are ready to go the extra miles just to look attractive in the eyes of men and even to compete with their fellow women and make them envious. The hair is one of the major parts of the body that can either bring out ones beauty or hide it; hence a lot of women are very particular about what hairstyle they make and how well it is made. This is where the hair salon business comes in. When you want to list out businesses that yield instant revenue on a daily basis, you’d have to mention hairdressing salon business. This business sees customers trooping in morning, afternoon and even night depending on how good the hairdresser is. A hair salon business could be a very lucrative business because fashion is an ongoing process but that is if you know how to work your onions. It is one business that brings in money on a daily basis. The major advantage of this business over most other businesses is that it can be started anywhere, be it in your living room, at the corner of your compound or a small rented space. Hair salon is quite easy to start but it’s very vital that you make some research just to help you in making sure the hair salon doesn’t fail in a couple of years. Breakdown of how much you could be making as a hair dresser. This will be in two parts; those who started with a small space in front of their houses and those who started with a rent space. Those who started with small space: for these people, they must have started this business with very little capital as most of the equipment bought is usually smaller and of lesser standards than those in salons. The capital they invest is usually between 15-20 thousand naira. In a day, if you make Two braids – N1500X2 Three retouching- N300X3 Two weavon fixing- N1200 So, in a day you would be making a total of approximately N5000, depending on how good you are and how good you are will determine how much you charge. Those with a rented space: for these people, the business is started with much more capital than those that use the front of their houses. Chairs, sofas, mirrors, fans, generator and a lot of standard equipment would need to be purchased and this would require much capital between 100-150 thousand naira, excluding rent. It seems like a lot of money, yea, but when you consider how much you could be making daily, you’d realize it’s worth spending the capital on. Let’s say you make: Three braids- N2000X3 (of course a hairdresser with a shop is more expensive) Five retouching- N450X5 Three weavon fixing- N800X3 So at the end of the day, you’d be making as much as over N10000 and if you add that up, you’d be happy with what you’d be making at the end of the month. And then when you expand and start having apprentices, you can be making double or triple that amount, depending on how many apprentices you have.

Steps to be taken before starting a hair salon: Acquire the necessary skills required: This is actually for people that intend to work on the hair themselves and not necessarily those who seek to employ workers while they oversee the running of the salon. Even though you do not have to have a degree to start a hair dressing, it is very vital to spend a few months to a year (depending on how fast a learner you are). This is to help you learn different hairdos such as fixing of weavons, braiding of hair, Ghana weaving, retouching and washing and a whole range of other hairstyles. This is for the women hairdos and for the men cuts, you also have to learn how to cut different hair styles such as punk, gallas, afro, stone cold etc. do not go into the business without being properly trained as no customer will come back to your shop if he or she isn’t comfortable with your work. Learning hair dressing or barbing doesn’t cost that much and so there is no excuse for not learning. Write a business plan: This is necessary as this gives you a clearer view of what you are about to venture into. It will show you how much capital you need to start, man power needed etc. Start saving up for it: After writing your business plan and seeing how much would be needed to start the business, the next thing to do is to start getting the capital for it. This can be done even while you are still undergoing training. You don’t have to wait till you are done with the training to start running around for money. you can start during daily contributions, seeking loans from lending institutions, friends and families etc. please bear in mind that you do not necessarily have to break the bank to start a hair salon. You can actually start small; maybe in a small corner in front of your house and from the works of your hand which you must have acquired during the training, you can now graduate into getting your own shop. Location: This is for those that have enough startup capital to rent a shop space or those that have made enough money from doing the business in a small corner in their compound. For your hair salon to excel in a country like Nigeria, the location you site your shop space is very important. You would need to take enough time to get a suitable location. The location has to be easily accessible. If you go and get a space in a corner or in a hidden location, you may not succeed. Decorations and neatness: This is for when you’ve successfully opened your salon. if you want people to come to your shop and keep coming back, you should ensure a high level of cleanliness, both personal and environmental, your equipment should be neatly arranged, and modern equipment should be used in preference to ‘old school’ equipment. Germicides, anti-dandruff shampoos, after shave etc should also be readily available. Personal character: A hair stylist should be of very good behavior when attending to his or her customers as a bad behavior will only chase away your customers and give your business a bad name. You should learn to live the saying ‘the customer is always right. Create awareness: You need to make sure you find a way to advertise your business, either by making signboards or by words of mouth; you have to make people aware of your business. You can also ask friends and families to inform their friends. Another means of creating is by the work of your hands. If your work is really good, it would advertise for you as people seeing such nice hairdo would want to inquire about where it was made and also get theirs made there.

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Equipment required for a hair salon Hair salon equipment are getting cheaper by the day and one should make sure all the necessary equipment and maybe more are gotten before venturing into the business. Some of this equipment are listed below; Beauty salon: Combs and brushes Electronic grooming equipment: trimming scissors, curling iron, hair straightener, curling comb hair dryer. Hair styling tools: hair straightener, blow dryers, hair curlers, rollers etc Standing dryer Wash hair basin Mirrors Table with drawers. Towels Rubber and plastic gloves Steamers Shampoos and conditioners Comfortable chairs Carts and trolleys. Tonging equipment. Generator. Fan or air conditioner. Etc. It is important to note that you do not necessary need to limit your shop space to only be used as a hair salon, other forms of businesses can be run concurrently thereby maximizing profits. Some of these businesses are briefly described below: Pedicure and manicure: a cosmetic beauty treatment for the finger nails and hands when it relates to manicure and called pedicure when these same treatments are carried out on the toes. This includes filing and shaping of the nails, pushing and clipping of any non-living tissue on the cuticles, treatments, massage of hand, nail polish application etc. You can also buy a deep freezer and sell items like soft drinks, pure water, snacks etc, that most customers are likely to buy. You can also display wears, cosmetics, shoes, bags etc.

In conclusion, you shouldn’t forget that Rome wasn’t built in a day and you will face challenges, it is important not to give up until you’ve tried everything possible to make it work. Most successful businesses today didn’t get to the level they are without facing one obstacle or the other.

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[Detailed!] How to Start a Hair Beauty Salon Business In Nigeria

Oasdom How to start a hair beauty salon business In Nigeria today

Hmmm… Beautiful woman; we all love to look at her and talk about her. She’s got it all, not so? Did you know that hair is one of the major parts of her beauty?

To satisfy this desire, many look for the best places to get the special treatment that will bring out the beauty in them. They will endure hours of pain, just to achieve a certain look which they considered beautiful.

Did you know you can start a business around making people look good and happy? Hair beauty salon business is one sure way to go.

Now the question is do you have passion for starting your own beauty salon business?

What Is Beauty Salon Business?

A beauty salon business offers men and women with services to improve their beauty, such as hairdressing, manicuring, facial treatment, massage, hair coloring, hairstyling, pedicures, haircut and selling of products to your client.

Gone are the days, when women want to be beautiful by all means. They put their health at risk with some homemade cosmetics. For example, they used chemicals like arsenic, lead, mercury e.t.c .

Funny enough, they used male urine to get rid of pimples. The Yoruba culture places more value on the woman hair, because they regard it as her covering.

Women with long hair attract people most especially men. In the past, Yoruba women, wore different hairstyles to adorn their beauty like Didi (weaving or adimole) and kiko (plaiting).

Nowadays, creative hairstyles have been introduced through the use of the modern weaves, wigs and thread.

beautiful African hairstyle from hair salon business

Beauty salon business is an industry that supports and promotes beauty, and has gained more and stronger ground.

So, if you’re thinking of starting your own hair beauty salon, but don’t know how to go about it, just relax and read on to find out what it takes to start the business.

Firstly, I will give out the list of services rendered at a hair beauty salon.

Beauty Salon Business Services List

The following services are rendered in a hair beauty salon:

Hair Services

Hair services in a beauty salon includes:

Trims and style (especially for men),
Weaving and braids
Hair & scalp treatments
Hair extensions (including wigs, artificial and human hair)
Relaxers and perms
Shampoo and conditioning
Scalp treatment
Naturally textured treatment

Nail and Skin Care

The most common nail and skin care services are:

Fixing of artificial nails
Sculptured nails
Nail repair and hand conditioning treatments.

The popular skin care services are facials, body waxing and massage.

Pedicure and Manicure

As we all know, Pedicure and Manicure is a cosmetic beauty treatment for the fingernails and toes.

Since your hair beauty salon is going to serve mostly the female gender, there are chances your customers will request for pedicure and manicure services which are quite high.

It will no doubt bring in extra cash for you.

Sales of Hair and Beauty Products

Many beauty salons make money through the sales of hair and beauty products. Such products include:

Daily and deep treatment conditioners
Hair styling products such as mousse
Pomades and other specialty hair products

Selling beauty products has become a major source of revenue for most salons, because most customers prefer to buy everything they need in one place.

Spa Services

Spas are also becoming very popular, due to a growing awareness of its beauty, health and wellness benefits.

The common services offered by spas include:

Body scrubs
Skin lightening
Body wrapping
Derma abrasion
Stretchmark and blemish treatments
Facials makeup
Waxing and polishing.

Home Services

This category includes all the services mentioned above and is offered to high-profile clients who prefer to have these services in their homes, instead of visiting the salon.

These are usually high-paying customers who are unable, due to time, or other factors, to visit the salon.

How Profitable Is Beauty Business?

Did you know that Hair salons in the United States generate about $44 billion in revenues each year? From 2012-2017, the industry saw an annual average growth rate of 1.8%. (IBIS World)

Beauty salon business is a lucrative one that on a small scale, you can make between N50,000 to N100, 000 or more weekly. Yes, I mean it.

If your dream is to start hair beauty salon business, for real you can start it. The following guide will really help you.

For Small scale beauty salon business

If you want to open a hair beauty salon business in Nigeria, you should determine the type of business based on how big or little the salon would be.

A hair beauty salon business is a business you can start with any amount you have available. You could start a hair beauty salon business with #10, 000 or even less.

Interestingly, you could get a loan online. Yes, it is very possible. You have a house, just clear the front of your house and get a comb, creams, shampoo and some other things, and you will start making your money.

Image of woman running a small scale hair beauty salon business

Just as you can start with #10, 000, you can also start with #5, 000, 000.

It depends on the area, the location, the kind of people expected, people working for you and the kind of things you have in your salon.

On the average level, you could start with capital between #200,000 – #400,000

Let’s assume you want to invest with #50,000, provided you have a space already, all you need include chair, tables, dryer, fan etc.

Two braids – #1500 X 2 = #3,000

Three retouching – #300 X 3 = #900

Two fixing – #600 X 2 = #1,200

Weaving – #150 X 3 = #450

Nail fixing- #200 X 3 = #600

Total = #6,150

So, in a day you would be making a total of over N5000, depending on how good you are and assuming you are working for 6 days in a week, you will be making over #30,000

For Large scale beauty salon business

You need more capital than those that use the front of their houses. Chairs, sofas, mirrors, fans, generator and a lot of standard equipment would need to be purchased, and this would require much capital.

The good news is when you consider how much you could be making daily; you will realize it’s worth spending the capital on.

Let’s say you make:

Three braids – #2000 X 3 = #6,000

Five retouching – #450 X 5 = #1,350

Three weavon fixing – #800 X 3= #2,400

Manicure and pedicure – #1000 X 3 = #3000

Total = #12,750

So at the end of the day, you’d be making as much as over #10,000 and if you add that up, you’d be happy.

When you expand and start having apprentices, you can be making double of that amount, depending on how many apprentices you have since they will assist you, then your work will be faster.

Don’t forget that you will also collect money from your apprentice. Assuming you have 10 apprentices, you should be collecting at least #30,000 from each depending on your location.

At the end of the year, you will be having a total of #300,000. You can also buy a deep freezer and sell items like soft drinks, pure water, snacks etc. that most customers are likely to buy.

You can also display wears, cosmetics, shoes. These will no doubt bring extra cash for you.

Steps to Follow When Starting A Hair Salon Business In Nigeria

Here is how to start a beauty salon business with maximizing profits.

Startup Capital

You need to figure out how much money you need to get started, and where it will be coming from. Is it from personal saving, a loan from a cooperative society , relative or bank?

Beauty salon business is one of those businesses that can thrive irrespective of the economic situation of the country, so you can start from a small scale.

Get Adequate Training If You Have None

You cannot rush into beauty salon business, or else, you get yourself into a bigger problem because if you give a not too satisfactory service to a customer, well, you are on your own.

Ever seen a customer ranting and complaining bitterly about her hairstylist? What effects did you think her complaints will have on other potential customers, they may decide try other stylists.

Be good at what you do, be on the learning curve, and provide top notch service to your customers.

Choice of Location

You want to select a spot with good traffic, high visibility, and it must be located around your clients. Also, try to consider your competitors and try to present something that sets your salon apart.

Make sure that you get a space, in an area with constant power supply. Also, ensure that there is a good source of water supply to ensure a smoother running of your business.

Furnish Your Shop

You might not need to spend a lot if you don’t have enough capital, a local carpenter can fix a table with a drawer and a standing mirror for an affordable price.

For a large scale beauty salon business, go for modern and sophisticated items.

Purchase the Necessary Equipment

Beauty salon business is very lucrative if you have the necessary equipment to give optimal service to your clients.

Whether you are operating from home or from a shed or in a big rented shop, you need equipment to start operation.

From your training, you will be able to know the most important ones to begin with, then gradually buy the rest.

The services you decide to render will determine what equipment to buy. Just make sure you purchase quality equipment.

For a large scale hair beauty business, the business will require a receptionist/financial secretary who will greet customers and receive payment for services and products.

The salon will also include a financial manager /facial and massage technician to oversee all of the expenses, bills, payroll, etc.

There will also be two barber/hair dressers, a cleaner and a part time nail fixer, facial and body massage staff. For small scale only you and your apprentice are good to go.

Marketing is key to the survival of any business; it helps you put your business in front of your target audience.

For a large scale beauty salon business, you need customers. To attract customers you need a marketing plan. But who is your customer? You should know your customer and then market to them.

Social media is becoming an important component of marketing strategies today, so add this to your marketing plan, but make sure you post regularly and engage your target audience.

You should provide helpful information for your customers, such as hours, location, contact information, and pricing.

How should you price your products?

As you go about your business, make sure you don’t overcharge your customers.

Rendering good services at affordable prices ensures continuous patronage and this will make the customers come back again.

The prices for these services can vary, depending on the kind of customers you intend to target.

If you set up shop in a relatively rural area, price is likely to be a key factor for your customers. High personality customers may not usually bother about prices as long as they get quality of service.

Equipment and Beauty Salon Design

Basically, you should simply look to tailoring your design around your target customer base. Before you start painting the walls and picking out furniture, make sure that your design matches the kind of customers that you want to attract.

You want to make your customers feel comfortable in your salon. Please make it a place they want to visit often.

Create a clean and safe environment and be sure your towels, footbaths, and other equipment are washed, cleaned and free from odor.

Ensure that your sharp objects are disinfected regularly. Make the atmosphere relaxing, and you can as well play soft music.

Below are some of the necessary equipment to run a successful beauty salon business·

Wash hair basin
Standing dryer
Trimming scissors
Curling iron
Hair straightener
Carts and trolleys
Fan/air conditioner
Shampoos and conditioners
Comfortable chairs
Towels and towel warmers
Table with drawers
Air conditioners (not compulsory)
Flat screen TV and a satellite decoder (not compulsory)
Nail accessories
Scissors. E.t.c.

Implementation Schedule

This refers to hours of operation of the beauty salon business.

Working Days and Working Time Operation

Monday-Friday: 8 am – 7 pm

Saturday: 8 am – 9 pm

Sunday: 8 am – 9 pm

Services and Prices

Item Service Price (N)

Hair barbing :

Female #300

Male #250

Barbing with generator :

Female #350

Male #300

Hair treatment :

Shampoo wash

Female #300
Fixing of weavon #1,000
Dreadlocks #1,500
Sporting waves #600
Facial treatment #3,000
Home services #2,000
Manicure and Pedicure #500

Advantages of Hair Beauty Business

The major advantage of this hair beauty business over most other businesses, is that it can be started anywhere, be it in your sitting room, under the tree, at the corner of your compound or a small rented space.

Beauty hair salon is quite easy to start but it’s very vital that you make some findings, and I’m sure what you’ve read in here is of great help.

Risks and Challenges of Beauty Hair Salon In Nigeria

The following are challenges of hair salon business in Nigeria

Irregular Power Supply

The main challenge is having inadequate power supply to power the different machines required, cost of fuel and maintenance hence increases.

High cost of Rent

Finding an ideal location for a beauty salon business is expensive in some area. If you want to target the middle class, and you can’t afford to find place within their reach, then this becomes a problem.

Difficulty in Finding Competent Employees

Professional hairstylists mostly are hard to come by. Most times, you will have to make do with apprentices and inexperienced hairstylists which may delay your business growth for a while.

Difficult Customers

Some customers may request frustrating demands. Others may be very rude and aggressive to you and your staffs.

Dealing with such customers can be difficult especially if they have been patronizing you for long time.

High Rate of Low Quality Products

The market has been filled with low quality, cheap imitation of hair extension and hair creams/shampoos, which makes delivery of quality hairstyling difficult and frustrating.

Starting Hair Beauty Salon Business In Nigeria (conclusion)

The beauty salon business in Nigeria is worth millions of naira every day, every month and every year. Especially during weekends, millions of boys, girls, men and women young and old troop to their favorite salons.

I believe that, as long as your hair keeps growing, hair beauty salon business will continue to be a great business opportunity for majority.

Now, you can check out our site on oasdom.com and see more business ideas you can start today. If you enjoyed reading this article, you can start raising capital to start your beauty salon business.

Did you find this post to be interesting and helpful? Please drop your comment, and give it a like and share.

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Business Plan

Unisex Hair and Beauty Salon Business Plan in Nigeria

Unisex Hair and Beauty Salon Business and Financial Plan

Our Unisex Hair and Beauty Salon Business Plan in Nigeria is well documented and can also be used for, but not limited to:

Grant Applications,
Bank Loans,
Proposal writing,
Business Concept Note,
Competitions e.t.c

Purpose of the Unisex Hair and Beauty Salon Business Plan in Nigeria

The Unisex Hair and Beauty Salon Business Plan in Nigeria will be of great use:

To formulate a strategy for starting and growing the business or existing business by identifying where the business is going and how to get there.
To test the viability of the business idea and maximize its opportunities.
To Obtain funding and achieve business goals and success. e.t.c

Benefits of the Unisex Hair and Beauty Salon Business Plan in Nigeria

The Unisex Hair and Beauty Salon Business Plan in Nigeria in beneficial because

It helps in outlining the steps needed to achieve the business goals and ideas.
It helps to articulate strategy to stakeholders who support the business.

Importance of the Unisex Hair and Beauty Salon Business Plan in Nigeria

The Unisex Hair and Beauty Salon Business Plan in Nigeria is important because

It will assist you in making sound decision in the administration of the commercial enterprise which will make a contribution to the success of the business.
It will additionally gives distinctive statistics on all components of the business, outlining the business desires and the steps required to achieve them.

Content of the Unisex Hair and Beauty Salon Business Plan in Nigeria

Executive Summary
Introduction
Business Description
Keys to Success
Products and Services
Market Analysis
Our Target Market
Pricing Strategy
Competitor Analysis
Sales and Marketing Plan
SWOT Analysis
PEST Analysis
Operational Plan
Management plan
Financial Plan and Projections
Financial Diagnostics

How to Get The Complete Unisex Hair and Beauty Salon Business Plan in Nigeria

List of Business Plans in Nigeria (Samphina Academy)

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HAIR SALON BUSINESS PLAN IN NIGERIA WITH FINANCIALS

Looking for a solid Hair Salon Business Plan sample in Nigeria for your personal use or to seek grants, and loans from investors, CBN, NIRSAL, and other institutions?

We have created a downloadable Hair Salon Business template for you to use.

HAIR SALON BUSINESS PLAN AND FEASIBILITY STUDY IN NIGERIA

Business Description of Hair Salon Business Plan in Nigeria

Business: Hair salon

Industry: Beauty Care (Hair salon Business plan in Nigeria)

1.0, EXECUTIVE SUMMARY

HAIR ESSENCE hair saloon is a hair salon based on the border of two commercially bustling states., Lagos and Ogun States, that satisfies the hair needs of different genders and age groups in one visit. Our customers range from grown men and women to kids, our services also include in vogue trends and culture like permanents and hair coloring, tints, dyeing and other styling options that are in vogue. Service is offered on a walk-in basis or by appointment. HAIR ESSENCE hair salon will ensure their services are aimed and directed towards the utter and absolute satisfaction of the customer, where the customer’s needs are always the priority.

HAIR ESSENCE hair saloon will actively combine the sale of hair care products to their services and this is projected to account for 25% of sales. These safe and quality supplies will include shampoos, conditioners, brushes, combs, and other styling aids.

The beneﬁts of our products and services are;

Delivering high-quality services
Impeccable customer service and ﬂexibility in delivering customer service
Provision of trademark quality supplies of hair care products
Wide and amazing variety and top-notch quality of hairstyling including haircut, braiding, hair coloring, etc.
Sales of hair care products such as shampoos, conditioners, brushes, combs, and other styling aids

2.0. The objective for Hair Saloon Business Plan in Nigeria

The objectives for the ﬁrst two years of operation include:

To build a service-based company whose primary aim is to leave the customers wowed by exceeding their perceived expectations
To keep the number of clients served rising by at least 15% per year through superior performance which will, in turn, earn us referrals as people will tell people of our quality service
To develop a business that will contribute to increased employment of community residents tackling a major problem of the community

3.0. Our Goal for the Hair Salon Business Plan in Nigeria

To be the leading hair salon in the area, it decisive location (based on the border of two states) makes its aim to be the go-to salon and most talked about salon in both states through the provision of excellent sales services and products.

4.0. Vision for the Hair Salon Business Plan in Nigeria

To become a go-to option for delivering quality, affordable and convenient hairstyling in a nice environment.

5.0. The mission for the Hair Salon Business Plan in Nigeria

HAIR ESSENCE hair saloon mission is to provide reasonably priced, convenient hair styling. We exist to attract and maintain customers. When we adhere to this maxim, everything else will fall into place. Our services will exceed the expectations of our customers.

6.0. Management Team of the Hair Salon Business Plan in Nigeria

Florence Adedokun – She has over 4 years’ experience in the hair salon business. She has also been involved in working for a big saloon in Lagos State for the four years. The experience gathered there will prove of substantial value to her in the course of her running the business. She is a graduate of Accounting from the Lagos State University, Ojo, Lagos state. She will be in-charge of day to day activities of the business.

7.0. Materials and Machine for Hair Salon Business Plan in Nigeria

The materials and machines required, among others are;

Computer with Point of Sale (POS) terminal
Computer with the printer for back oﬃce
Five cutting stations with a barber chair, cabinet, large mirror, blow dryer, curling iron, electric razor, several pairs of scissors, spray bottle, two-sided mirror, and assorted combs and brushes,
Desk for the reception area
Couches for the reception area
Display shelf for sale of retail products

8.0. Competitor Analysis Hair Salon Business Plan in Nigeria

People buy from us because of the following reasons:

Delivering quality services and maximum ﬂexibility in delivering customer
Undiluted attention to the customer
Adept, courteous and professional stylists.
Provision of trademark supplies of hair care products
Affordable prices and discount offers

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How To Download The Hair Styling Business Plan Template PDF (with financial analysis)

Above is a part of the hairstyling business plan template in Nigerian. IF you need the complete business plan, follow the procedures to download it.

Pay the sum of N8000 ( eight thousand naira only) to the account detail below: Bank: GTBank Name: Oyewole Abidemi (I am putting my name and not our company account so you know we are real people and you can trust us) Ac/No: 0238933625 Type: Saving

Thereafter, send us your email address through text message to +234 701 754 2853 . The text must contain the title of the hairstyling business plan you want and also your email address. Immediately after the confirmation of your payment, we will send the business plan in Nigeria to your email address where you can easily download it.

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HOW TO START A HAIR BEAUTY SALON BUSINESS IN NIGERIA

There is one thing that is certain in this life and that is the fact that everyone wants to look good and charming. Looking good they say is good business, whether you are the one looking good or you are the one making others look good. This is why we have so many beauty salon businesses in the country.

When people look in the mirror, it is because they want to check out how they look and of course, they’d want the image in the mirror to be attractive.

Women are ready to go the extra miles just to look attractive in the eyes of men and even to compete with their fellow women and make them envious.

The hair is one of the major parts of the body that can either bring out one’s beauty or hide it, hence a lot of women are very particular about what hairstyle they make and how well it is made.

This is where the hair salon business comes in.

There practically no one that does not patronize the salon, making salon business good business and because everyone loves looking good, it sends a positive signal as to how lucrative it is to venture into the business of salon.

The major advantage of this business over most other businesses is that it can be started anywhere, be it in your living room, at the corner of your compound or a small rented space provided the place is very neat and well kept. A dirty environment is not ideal for this kind of business though.

What Is Beauty Salon Business?

Gone are the days, when women want to be beautiful by all means. They put their health at risk with some homemade cosmetics. For example, they used chemicals like arsenic, lead, mercury e.t.c .

Funny enough, they used male urine to get rid of pimples. The Yoruba culture places more value on the woman hair, because they regard it as her covering.

Women with long hair attract people most especially men. In the past, Yoruba women, wore different hairstyles to adorn their beauty like Didi (weaving or adimole) and kiko (plaiting).

Nowadays, creative hairstyles have been introduced through the use of the modern weaves, wigs and thread.

Beauty salon business is an industry that supports and promotes beauty, and has gained more and stronger ground.

So, if you’re thinking of starting your own hair beauty salon, but don’t know how to go about it, just relax and read on to find out what it takes to start the business.

Firstly, I will give out the list of services rendered at a hair beauty salon.

Beauty Salon Business Services List

The following services are rendered in a hair beauty salon:

Hair Services
Hair services in a beauty salon includes:
Trims and style (especially for men),
Weaving and braids
Hair & scalp treatments
Hair extensions (including wigs, artificial and human hair)
Relaxers and perms
Shampoo and conditioning
Scalp treatment
Naturally textured treatment
Nail and Skin Care

The most common nail and skin care services are:

Fixing of artificial nails
Sculptured nails
Nail repair and hand conditioning treatments.
The popular skin care services are facials, body waxing and massage.

Pedicure and Manicure

As we all know, Pedicure and Manicure is a cosmetic beauty treatment for the fingernails and toes.

Since your hair beauty salon is going to serve mostly the female gender, there are chances your customers will request for pedicure and manicure services which are quite high.

It will no doubt bring in extra cash for you.

Sales of Hair and Beauty Products

Many beauty salons make money through the sales of hair and beauty products. Such products include:

Daily and deep treatment conditioners
Hair styling products such as mousse
Pomades and other specialty hair products

Selling beauty products has become a major source of revenue for most salons, because most customers prefer to buy everything they need in one place.

Spa Services

Spas are also becoming very popular, due to a growing awareness of its beauty, health and wellness benefits.

The common services offered by spas include:

Body scrubs
Skin lightening
Body wrapping
Derma abrasion
Stretchmark and blemish treatments
Facials makeup
Waxing and polishing.
Home Services

This category includes all the services mentioned above and is offered to high-profile clients who prefer to have these services in their homes, instead of visiting the salon.

READ HOW TO START A PLUMBING SERVICE IN NIGERIA

These are usually high-paying customers who are unable, due to time, or other factors, to visit the salon.

How Profitable Is Hair Beauty Business?

Did you know that Hair salons in the United States generate about $44 billion in revenues each year? From 2012-2017, the industry saw an annual average growth rate of 1.8%. ( IBIS World )

Beauty salon business is a lucrative one that on a small scale, you can make between N50,000 to N100, 000 or more weekly. Yes, I mean it.

If your dream is to start hair beauty salon business, for real you can start it. The following guide will really help you.

For Small scale beauty salon business

If you want to open a hair beauty salon business in Nigeria, you should determine the type of business based on how big or little the salon would be.

A hair beauty salon business is a business you can start with any amount you have available. You could start a hair beauty salon business with #10,000 or even less.

Image of woman running a small-scale hair beauty salon business

small scale hair beauty salon business

Just as you can start with #10, 000, you can also start with #5, 000, 000.

It depends on the area, the location, the kind of people expected, people working for you and the kind of things you have in your salon.

On the average level, you could start with capital between #200,000 – #400,000

Let’s assume you want to invest with #50,000, provided you have a space already, all you need include chair, tables, dryer, fan etc.

Two braids – #1500 X 2 = #3,000

Three retouching – #300 X 3 = #900

Two fixing – #600 X 2 = #1,200

Weaving – #150 X 3 = #450

Nail fixing- #200 X 3 = #600

Total = #6,150

So, in a day you would be making a total of over N5000, depending on how good you are and assuming you are working for 6 days in a week, you will be making over #30,000

For Large scale beauty salon business

The good news is when you consider how much you could be making daily; you will realize it’s worth spending the capital on.

Let’s say you make:

Three braids – #2000 X 3 = #6,000

Five retouching – #450 X 5 = #1,350

Three weavon fixing – #800 X 3= #2,400

Manicure and pedicure – #1000 X 3 = #3000

Total = #12,750

So at the end of the day, you’d be making as much as over #10,000 and if you add that up, you’d be happy.

When you expand and start having apprentices, you can be making double of that amount, depending on how many apprentices you have since they will assist you, then your work will be faster.

Don’t forget that you will also collect money from your apprentice. Assuming you have 10 apprentices, you should be collecting at least #30,000 from each depending on your location.

At the end of the year, you will be having a total of #300,000. You can also buy a deep freezer and sell items like soft drinks, pure water, snacks etc. that most customers are likely to buy.

You can also display wears, cosmetics, shoes. These will no doubt bring extra cash for you.

Steps to Follow When Starting Hair Salon Business In Nigeria

Here is how to start a hair beauty salon business with maximizing profits.

Startup Capital

You need to figure out how much money you need to get started, and where it will be coming from. Is it from personal saving, a loan from a cooperative society, relative or bank?

Beauty salon business is one of those businesses that can thrive irrespective of the economic situation of the country, so you can start from a small scale.

Get Adequate Training If You Have None

You cannot rush into beauty salon business, or else, you get yourself into a bigger problem because if you give a not too satisfactory service to a customer, well, you are on your own.

Ever seen a customer ranting and complaining bitterly about her hairstylist? What effects did you think her complaints will have on other potential customers, they may decide try other stylists.

Be good at what you do, be on the learning curve, and provide top notch service to your customers.

Choice of Location

Make sure that you get a space, in an area with constant power supply. Also, ensure that there is a good source of water supply to ensure a smoother running of your business.

Furnish Your Shop

You might not need to spend a lot if you don’t have enough capital, a local carpenter can fix a table with a drawer and a standing mirror for an affordable price.

For a large-scale beauty salon business, go for modern and sophisticated items.

READ HOW TO START A FURNITURE BUSINESS IN NIGERIA

Purchase the Necessary Equipment

Beauty salon business is very lucrative if you have the necessary equipment to give optimal service to your clients.

Whether you are operating from home or from a shed or in a big rented shop, you need equipment to start operation.

From your training, you will be able to know the most important ones to begin with, then gradually buy the rest.

The services you decide to render will determine what equipment to buy. Just make sure you purchase quality equipment.

For a large-scale hair beauty business, the business will require a receptionist/financial secretary who will greet customers and receive payment for services and products.

The salon will also include a financial manager /facial and massage technician to oversee all of the expenses, bills, payroll, etc.

There will also be two barber/hair dressers, a cleaner and a part time nail fixer, facial and body massage staff. For small scale only you and your apprentice are good to go.

Marketing is key to the survival of any business; it helps you put your business in front of your target audience.

For a large-scale beauty salon business, you need customers. To attract customer you need a marketing plan. But who is your customer? You should know your customer and then market to them.

Social media is becoming an important component of marketing strategies today, so add this to your marketing plan, but make sure you post regularly and engage your target audience.

You should provide helpful information for your customers, such as hours, location, contact information, and pricing.

How should you price your products?

As you go about your business, make sure you don’t overcharge your customers.

Rendering good services at affordable prices ensures continuous patronage and this will make the customers come back again.

The prices for these services can vary, depending on the kind of customers you intend to target.

Equipment and Beauty Salon Design

Hair salon equipment

You want to make your customers feel comfortable in your salon. Please make it a place they want to visit often.

Create a clean and safe environment and be sure your towels, footbaths, and other equipment are washed, cleaned and free from odor.

Ensure that your sharp objects are disinfected regularly. Make the atmosphere relaxing, and you can as well play soft music.

Below are some of the necessary equipment to run a successful hair beauty salon business·

Wash hair basin
Standing dryer
Trimming scissors
Curling iron
Hair straightener
Carts and trolleys
Fan/air conditioner
Shampoos and conditioners
Comfortable chairs
Towels and towel warmers
Table with drawers
Air conditioners (not compulsory)
Flat screen TV and a satellite decoder (not compulsory)
Nail accessories
Scissors E.t.c.

Implementation Schedule

This refers to hours of operation of the beauty salon business.

Working Days and Working Time Operation

Services and Prices

Item Service Price (N)

Hair barbing:

Female #300

Male #250

Barbing with generator:

Female #350

Male #300

Hair treatment:

Shampoo wash

Female #300

Fixing of weavon #1,000

Dreadlocks #1,500

Sporting waves #600

Facial treatment #3,000

Home services #2,000

Manicure and Pedicure #500

Advantages of Hair Beauty Business

Beauty hair salon is quite easy to start but it’s very vital that you make some findings, and I’m sure what you’ve read in here is of great help.

Risks and Challenges of Beauty Hair Salon in Nigeria

The following are challenges of hair salon business in Nigeria

Irregular Power Supply

The main challenge is having inadequate power supply to power the different machines required, cost of fuel and maintenance hence increases.

High cost of Rent

Difficulty in Finding Competent Employees

Professional hairstylists mostly are hard to come by. Most times, you will have to make do with apprentices and inexperienced hairstylists which may delay your business growth for a while.

Difficult Customers

Some customers may request frustrating demands. Others may be very rude and aggressive to you and your staffs.

Dealing with such customers can be difficult especially if they have been patronizing you for long time.

High Rate of Low Quality Products

The market has been filled with low quality, cheap imitation of hair extension and hair creams/shampoos, which makes delivery of quality hairstyling difficult and frustrating.

The beauty salon business in Nigeria is worth millions of naira every day, month and year. Especially during weekends, millions of boys, girls, men and women young and old troop to their favorite salons.

I believe that, as long as your hair keeps growing, hair beauty salon business will continue to be a great business opportunity for majority.

Now, you can check out our site on https://www.theenterprisemind.com.ng/ and see more business ideas you can start today. If you enjoyed reading this article, you can start raising capital to start your hair beauty salon business as soon as possible.

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About JOSEPH ADEWALE

Free Hair and Beauty Salon Sample Business Plan PDF

Elon Glucklich

6 min. read

Updated February 7, 2024

Looking for a free, downloadable hair and beauty salon sample business plan Word doc or PDF to help you create a business plan of your own? Bplans has you covered.

Keep in mind that you don’t need to find a sample business plan that exactly matches your business. Whether you’re launching an upscale, full-service salon in a bustling city or a neighborhood barbershop, the details will be different, but the bones of the plan will be the same.

Are you writing a business plan for your salon because you’re seeking a loan? Is your primary concern building a clear roadmap for growth? Either way, you’re going to want to edit and customize it so it fits your particular company.

No two salons are alike. Your business model will be different if you’re renting space to independent hairstylists, rather than taking on employees, for example. So take the time to create your own financial forecasts and do enough market research so you have a solid plan for success.

What should you include in a hair and beauty salon business plan?

Your hair and beauty salon business plan doesn’t need to be hundreds of pages—keep it as short and concise as you can. You’ll probably want to include each of these sections:

Executive summary
Company summary and funding needs
Products and services
Marketing plan
Management team
Financial plan

One of the things that makes a salon business plan different from some service-based business plans is that you might decide to offer a combination of products and services.

Maybe you’ll sell shampoo, beard oil, or other cosmetics and beauty products, in addition to offering services like haircuts, manicures, or massages. If that’s the case, make sure you include your ideas for upselling products to customers to increase the value of every appointment you book.

Here’s an example of a salon business plan outline.

Hair and beauty salon sample business plan outline.

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The 7 elements of an effective hair and beauty salon business plan

1. Executive Summary

The executive summary provides a high-level overview of your business plan. It should outline the objectives of your hair and beauty salon, such as to offer high-quality services, to expand the client base, or to break into a new market.

Your salon’s mission statement should describe its purpose and what sets it apart from competitors. For example, you may aim to offer a personalized experience for each customer or provide eco-friendly hair and beauty services.

The keys to success are the factors that will help your salon thrive. These may include a prime location, hiring experienced staff, excellent customer service, or a unique product and service range.

2. Company Summary and Funding Needs

The company summary offers a detailed overview of your salon, including its legal structure , location, and history. Also, it highlights your salon’s funding needs if you are seeking financial support.

Clearly state how much funding you need, what you will use it for, and how it will benefit the salon. For instance, you may need funds to renovate the premises, purchase equipment, or boost marketing efforts.

3. Salon Products and Services

This section should detail the products and services your hair or beauty salon will offer. These may include haircuts, hair treatments, manicures, pedicures, massages, and beauty treatments.

If you plan to retail beauty products such as shampoos, conditioners, or skin care items, include this information too. Highlight any unique services or products that differentiate your salon from competitors.

4. Salon Marketing Plan and Analysis

Your marketing plan should outline the strategies you will use to attract and retain customers. These strategies might include social media advertising, loyalty programs, partnerships with local businesses, and special promotions.

Additionally, you should conduct a thorough market analysis. Understand your target customers, their preferences, and their spending habits. Identify your competitors, their strengths and weaknesses, and how you can differentiate your salon.

5. Salon Management Team

The management team section provides information about the salon’s key personnel. This could include the salon owner, managers, stylists, beauticians, and other staff members. Highlight their roles, responsibilities, qualifications, and experience.

If you plan to rent chairs to independent stylists rather than hiring employees, describe how this arrangement will work and the advantages it offers for your business.

6. Financial Plan and Forecasts

Your financial plan should present detailed financial projections, including revenue, costs, and profitability. Include a cash flow statement, income statement, and balance sheet. This section should clearly demonstrate the salon’s potential profitability and financial viability.

Also, outline your pricing strategy. How have you priced your services and products, and how do these prices compare with competitors? What are your wage costs, and how will they affect your profitability?

7. Appendix

The appendix includes any additional supporting documents that complement your business plan. This might be market research data, lease agreements, employee contracts, or licensing and permit documents.

While not always necessary, the appendix can provide valuable context and proof to support your business plan’s content.

Crafting a Successful Salon Business Plan: Key Considerations

Understanding your target clientele’s needs is crucial to writing a hair or beauty salon business plan that you can put into action. To ensure your business plan is the foundation of a growing operation rather than just checking boxes, ask yourself whether you’re taking these considerations into account.

1. Comprehensive Services Offering

In the beauty industry, customer preferences vary significantly, and staying versatile in your offerings can help cater to a broader clientele. Include a wide range of services that cater to different demographics. You may also consider offering unique or specialized services that distinguish your salon from others.

2. Pricing Strategy

Pricing can make or break your salon. Competitive pricing attracts customers, but your pricing should also cover your costs and ensure profitability. Effective market research can help you understand the average cost of services in your area, which you can use to set your prices competitively.

3. Salon Atmosphere

The ambiance of a salon plays a significant role in attracting and retaining customers. Consider factors like décor, cleanliness, and customer service when planning your salon.

4. Staff Training and Expertise

Quality service is crucial in the hair and beauty industry since word-of-mouth exposure from existing clients is a major driver of new business. Investing in ongoing staff training ensures that your team stays updated with the latest trends, techniques, and customer service skills.

5. Digital Presence

Although word of mouth is one business driver, many of today’s customers research online before visiting a salon. Having a strong online presence, including a well-designed website, effective search engine optimization and active social media accounts, can significantly boost your business.

Download your free hair and beauty salon sample business plan PDF

Download this hair and beauty salon sample business plan PDF for free right now, or visit Bplans’ gallery of more than 550 sample business plans if you’re looking for more options.

There are plenty of reasons salon business owners can benefit from writing a business plan —you’ll need one if you’re seeking a loan or investment.

Even if you’re not seeking funding, the process of thinking through every aspect of your business will help you make sure you’re not overlooking anything critical as you grow.

See why 1.2 million entrepreneurs have written their business plans with LivePlan

Elon is a marketing specialist at Palo Alto Software, working with consultants, accountants, business instructors and others who use LivePlan at scale. He has a bachelor's degree in journalism and an MBA from the University of Oregon.

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The Ultimate Guide On How To Start A Hair Business In Nigeria

how-to-start-a-hair-business-in-Nigeria-how-to-start-hair-business-in-Nigeria-starting-a-hair-business-in-Nigeria-1

If you are looking for how to start a hair business in Nigeria, you are in the right place. This article will provide all the useful information you need.

Consider starting a hair business if you have a fascination with fashion and beauty. This industry is very lucrative because the demand for hair extensions in Nigeria today is getting higher. Let’s find out how to start a hair business in Nigeria in this blog.

1. A look at Nigeria’s hair extension market

2.1. understand customers, 2.2. building a background of knowledge, 2.3. determine the type of business, 2.4. making a budget, 2.5. choose reliable suppliers, 2.6. how to start a hair business in nigeria – attract your customers, 3.1. vin hair vendor, 3.2. unice hair, 3.3. sgi indian human hair.

Why are so many people interested in learning how to start a hair business in Nigeria ? According to the most recent data, the buying power of Nigerians and Africans on hair extensions is very high. Because of this, many suppliers have decided to learn how to start a hair business in Nigeria in order to become wealthy.

the-ultimate-guide-on-how-to-start-a-hair-business-in-nigeria-3

Nigerians’ natural hair is coarse and curly. As a result, dyeing or straightening their hair will take a long time when they want a new look. Therefore, hair extensions were chosen. Many people who live in Nigeria desire to learn how to start a hair business in Nigeria because of their great purchasing power.
Hair extensions are popular among Nigerian women as well as men. Hair loss and baldness are likely to occur in businessmen over 50. As a result, when they meet with clients, they wear hair extensions to present themselves in a professional way. A lot of individuals are looking into how to start a hair business in Nigeria because of the strong demand from Nigerians.
Hair is needed in Nigeria not only for domestic consumption but also for export to other African nations. Often, the hair extension industry in Nigeria imports hair from Asian countries and then distributes it to other countries in the region. In Nigeria, the need for hair extensions is going to rise in the future. Having this much potential, making a sizable profit is not out of the question. What’s most crucial is how well you can run a hair extension business in Nigeria.

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2. Steps on how to start a hair business in Nigeria

Let’s go to the main part of this post: how to start hair business in Nigeria in detail.

To begin a hair extension business, you must first gain a thorough understanding of your target market. Understanding your customers is an important step in how to start a hair business in Nigeria .

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You need to know what customers in a hair salon want and devise a strategy for delivering it. They want sew-ins or wig extensions, as well as the condition of their natural hair and any other factors that might influence their decision.
Your customers’ niche is also vital because you must choose your products to meet their specific needs rather than focus on a wide range of things. Don’t be hesitant to learn about people’s hair needs.

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If you are interested in learning how to start a hair business in Nigeria and are now on the search for hair extensions to purchase, it is essential that you have an in-depth understanding of the products that you intend to sell.

When learning how to start hair business in Nigeria, you should learn about all the different hair products. As soon as you have strong knowledge about hair, you will be able to provide your customers with a better solution for their hair, such as which kind of hair extensions would best work for their scalp problem, which type of hair is suitable for creating a specific kind of wigs…
Carry out some research on some hair salons and hair stores that are now operating in Nigeria and in the places where you live. Find out what your competitors are selling and marketing, what you can learn how to start a hair business in Nigeria from them, and what they are not providing for consumers that you can offer.
This is also advice on how to start hair business in Nigeria: in the beginning, don’t focus too much on making profits. It will destroy all your efforts. In Nigeria, the hair extensions business is a lucrative enterprise, but you’ll have to wait a while until your customers get to know your company’s reputation, and then gradually raise the price.

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You need to decide what kind of business you want to run when learning how to start a hair business in Nigeria : online or offline (on stock or pre order). Each type of business has its own advantages and disadvantages. You first need to learn about the pros and cons of each business type so that you can be prepared for any eventuality when starting a hair business in Nigeria.

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In conclusion, most beginner and small-scale sellers start with pre-orders. When you have an order, you just go to find a factory to buy it from. Those with substantial capital who want to build a brand faster can start with on-stock.

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Capital is a must for starting a hair business . Without money, we can’t do business.

Preparation capital for imported products is a prerequisite to learning how to start a hair business in Nigeria. Hair of higher quality will cost more than the hair of lower grade. As you are a newbie, we recommend importing the hair in two parts: one-half of good grade and one-half of medium quality.
In addition to the cost of paying for hair products, you also need to factor in the cost of space if you need to open a salon, or the cost of running ads on social networks when starting a hair business in Nigeria.

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With pre-order, there is no need for too much capital because most people who order will pay in advance.

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A good hair supply is necessary when starting a hair business in Nigeria. To ensure that your first purchases from consumers run as smoothly as possible, you should choose a reputable hair seller. It is necessary for planning and research to find reliable suppliers when learning how to start a hair business in Nigeria .

Here are a few tips and ideas for finding the best hair vendors:

Look up hair vendors on search engines like Google, Facebook, and their own websites. Take a look at social media for feedback from customers on the quality of their products and services.
When learning how to start a hair business in Nigeria, make a list of questions you want to ask the salesman of the hair manufacturer. If they are trustworthy, they will understand the product well and don’t shy away from tough questions.
Generally, reputable hair vendors will not offer you a discount that is very substantial. This is because the quality of the hair will be worse the cheaper it is. So be cautious!
Don’t forget to thoroughly read and comprehend the terms of the payment, refund, and warranty policies before making a purchase when starting a hair business in Nigeria. It’s better to buy from a company that accepts exchanges or refunds rather than one that does not.

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Some interesting topics you should read:

How To Import Hair From Vietnam To Nigeria Direction In Details
How To Import Human Hair From China To Nigeria: Some Tips To Follow

When starting a hair business in Nigeria, having a reasonable price can attract new customers, but rewarding customers for their purchases will keep them coming back. This can be given as a gift depending on the number of items purchased. It’s important to show your customers that you’re different from other suppliers. Try to distinguish yourself from others by treating them like royalty, and they’ll be loyal to you in the future.

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3. Some recommendations of hair vendors to start a hair business in Nigeria

When looking for a hair vendor and learning how to start a hair business in Nigeria , you need to consider many factors. Quality should come first, followed by price, in order to achieve revenue and profit. So where do Nigerian hair sellers buy from ? In this list, you’ll find the best wholesale hair factory which is known by customers for providing high-quality hair extensions at reasonable prices.

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Vin Hair has been one of the pioneering Vietnamese hair factory in Nigeria since 2010. During its business, Vin Hair Vendor has grown from a small hair-buying store to the best wholesale hair factory . They are famous for high-quality hair at reasonable prices.

Main products: bulk hair, weft hair, hair extensions, closures, and frontal wigs come in a wide range of colors, lengths, textures and styles. This supplier also has a service to customize products according to customer requirements.
Price: With high-quality products, this price is very reasonable. From $8.8 for a bundle of natural color raw hair 8-inch 100g.
Policy: Return and exchange within 7 days after receipt of shipment.
Delivery time: 3-10 days

If you’re looking for a reputable source with high quality and want to know more about how to start a hair business in Nigeria, Jen Hair is the place to go.

Chinese hair provider Unice provides a wide range of consumers and has warehouses all over the world.

Products: As one of China’s leading suppliers of human hair extensions, Unice is well-known for its high-quality products. In order to meet the needs of many customers, they offer an extensive range of lace and hair lengths, colors, and textures.
Price: The price of this Chinese hair vendor is quite high, but the quality is excellent. 94$ for 1kg 10-inch Bundles Human Weaves Virgin Straight Brazilian Hair 3 Bundles
Service: All in-store purchases come with free shipping (in all countries). Return within 30 days (only for the US)

Unice is one of the top hair sellers in China, and they will help you learn how to start a hair business in Nigeria. You should not miss out on it.

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Known for its high-quality hair, SGI Hair, one of India’s most renowned and well-known wholesale hair producers, initially entered the marketplace in 2008.

Hair origin: Indian temple hair
Main wholesale hair: Raw virgin human hair.
Quality: The quality of Indian hair is not as good as Vietnamese and Chinese hair manufacturers because of the characteristics of natural Indian hair and the technology used to produce it is low.
Price: Although it isn’t as cheap as other Indian wholesale hair factories, the pricing is still among the lowest in the world. There are many monthly, weekly, and yearly discounts available as well.

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If you’re looking for a hair vendor at an affordable price and aren’t too picky about the quality, SGI Hair is a good option.

When starting a hair business in Nigeria, careful research is important. You need to carefully research knowledge about hair and hair business and choose reliable hair vendors to stock hair. With the detailed instruction above, hope you will success in your hair business!

Source: V Hair Vendor – The Best Hair Vendor

Mrs. Ella (Hair Expert)

Ella is a passionate hair expert with a wealth of knowledge and experience in the hair industry. With a keen eye for detail and a dedication to quality, Ella is committed to providing Vin Hair Vendor's business partners with the most valuable knowledge to help them succeed in the hair business.

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Tuesday, April 09, 2024

Africa Collective

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$200 million Landmark Beach Resort in Nigeria set for demolition in coastal highway plan

The Lagos State government plans to demolish a section of the renowned Landmark Beach Resort to make room for the construction of the 700-kilometer Lagos-Calabar road project.

Lagos government plans to demolish a section of the renowned Landmark Beach Resort to make room for the construction of the 700-kilometer Lagos-Calabar road project.
Paul Onwuanibe told CNN that he received a demolition notice in late March, instructing him to vacate his multimillion-dollar beach resort within seven days.
Valued at over $200 million, the Landmark site is home to over 80 businesses and provides more than 4,000 direct jobs. It also generates over 2 billion naira ($1.5 million) in annual tax revenue.

Landmark site

Valued at over $200 million, according to Onwuanibe, the Landmark site is home to over 80 businesses and provides more than 4,000 direct jobs. It also generates over 2 billion naira ($1.5 million) in annual tax revenue.

Onwuanibe said foreign and local investors in Landmark Group were now threatening to pull out if the beach resort, which includes a mini golf course, a beach soccer field as well as a volleyball and basketball court, is removed.

“Without the beach, the entire ecosystem is at risk and is severely damaged,” he said, adding: “I have had widespread panic calls from my international and local investors as well as local debt providers threatening to pull the plug as they think this is material to our survival as a business.”

The new coastal road

Approval for the new coastal road was given on February 27 by the federal authorities, according to presidential aide Temitope Ajayi.

The first part of the 1.06 trillion naira ($841 million-plus) highway will be built on Victoria Island, and will run through a total of nine coastal states in Nigeria,

Environmentalists argue that while the coastal road project promises economic benefits, it also presents significant environmental challenges.

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Millennials and Gen Z's trendy new splurge: groceries

Groceries are the hottest new splurge category for Gen Z and millennials.
Younger generations spend more on groceries than other categories, a McKinsey report says.
But all generations are feeling the pinch of inflation at the grocery store.

Splurging once meant spending money on buzzy restaurants, expensive vacations , and designer clothing. These days, what's considered splurge-worthy falls into a more humble category.

Groceries are shaping up to be a top spending priority for younger generations, a February report from McKinsey & Company found.

The firm asked over 4,000 people, from baby boomers to Gen Zers, about the categories they intend to splurge on this year. Groceries ranked highest for millennials and Gen Zers, outpacing restaurants, bars, travel, beauty and personal care, apparel, and fitness.

Watch: The surprising reason millennial parents are miserable

Main content

IMAGES

Hairdressing Salon Business Plan In Nigeria Feasibility Study
Executive Summary of Hair Salon Business Plan in Nigeria
How To Start a Hair Salon Business In Nigeria • Nigeria Business Plan
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Hair and Beauty Salon Sample Business Plan
Executive Summary of Hair Salon Business Plan in Nigeria

COMMENTS

Hair Salon Business Plan in Nigeria (2024 Doc) • NG Business
Account Name - Okite Joseph ikenna. Account No - 0044083736. Once payment is made for the Hair Salon Business Plan in Nigeria Template, send the following (i) a valid email address and (ii) your payment details to any of these numbers - 07039768549. Hair Salon Business Customer Base.
Hair Salon Business Plan in Nigeria
Here are some steps you can take in order to Prepare write a Hair Salon business plan in Nigeria: Define your Hair Salon target market: Identify the type of customers you want to serve and the location you want to target. Consider factors such as age, gender, income level, and geographic location. Describe your products and services: Detail the ...
Hair Salon Business Plan in Nigeria (UNISEX)
ACCOUNT NAME: CHIBUZOR TOCHI ONYEMENAM. ACCOUNT NUMBER: 3066880122. After payment, text your full name, email address and title (e.g. unisex salon business plan) to 07033378184. Your business plan will be sent to your email within 15 minutes.
Hairdressing business in Nigeria: how to start up, requirements and
Requirement: Obtain necessary licenses and permits to comply with local regulations. This might include a health permit and local government business permit. Cost: The cost for licenses and permits can vary by location and the specific requirements of local authorities. Plan for an additional ₦10,000 to ₦20,000. 3.
How To Start Hair Business In Nigeria
The business plan should clearly show the business model you intend to follow, your target customers, the marketing strategies you will adopt, your capital, and more. You should also decide on the different services you will be offering to generate revenue such as providing hair salon services, selling hair products, etc. Additionally, a well ...
How To Start a Hair Salon Business in Nigeria / Hair Salon Business Plan
For N10, 000, we will send you a sample hair salon business plan in Nigeria. Our business plan can be used for bank loans, grants, and entrepreneurship competitions. To place order for this business plan, pay N10, 000 to: BANK NAME: GUARANTY TRUST BANK (GTB) ACCOUNT NAME: CHIBUZOR TOCHI ONYEMENAM. ACCOUNT NUMBER: 0044056891
Hair Salon Business In Nigeria (Quick Guide on How to Start)
Conclusion On Starting a Hair Salon Business In Nigeria. This business is highly regarded as one which produces a great amount of profit, especially on a daily basis. Proper investment and management measures will result in gaining a great deal in profits. Despite the fluctuations of the economy, the beauty industry continues to blossom.
How To Start A Hair Business In Nigeria
Create a business plan. Once you have conducted thorough market research, it's time to create a comprehensive business plan for starting hair business in Nigeria. Here are the key components to include: Executive summary: Provide an overview of your hair business, including its mission, vision, and goals. Highlight the unique aspects that set ...
Hairdressing Salon
7.7 financial plan of the business plan for hairdressing in nigeria 15 7.8 loan repayment and schedule and interest paid 15 7.9 depreciation 16 7.10 forecast of profit and loss 16 7.11 cash flow projection 17 7.12 financial analysis 18 7.13 profitability analysis 18 7.14 cash flow projection 18 8.0 risk analysis, contingency plan and exit ...
Everything about How to Start a Hair Salon Business
2 How to start a hair salon business plan. 2.1 How to start a hair salon business plan; 2.2 How to start a hair salon business: Building a budget; 2.3 How to start a hair salon business: Check for necessary credentials; 2.4 How to start a hair salon business: Look for a suitable place; 3 How to start a hair salon business and and get it running
How to Start Hair Salon Business in Nigeria
2. Write a Business Plan. The second step to starting a profitable hair salon business in Nigeria is to write a hair salon business plan. This is very important especially if you are investing big capital into the business. If you are not investing a huge capital into the business you can just do the market survey for the business, especially ...
How To Start A Hair Salon Business In Nigeria
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 ...
How To Start A Hair Salon Business In Nigeria 2023
There are different steps on how to start a hair salon business in Nigeria. The steps listed and explained here are the best steps ever! 1. Choose Your Vocation. Before you even acquire some knowledge for your hair salon business in Nigeria, you need to choose your vocation. Choose the area you love.
How To Start a Hair Salon Business in Nigeria
The capital they invest is usually between 15-20 thousand naira. In a day, if you make. Two braids - N1500X2. Three retouching- N300X3. Two weavon fixing- N1200. So, in a day you would be making a total of approximately N5000, depending on how good you are and how good you are will determine how much you charge.
HAIR SALON BUSINESS PLAN IN NIGERIA
Business Description of Hair salon Business Plan in Nigeria. Business: Hair salon . Industry: Beauty Care (Hair salon Business plan in Nigeria) PATILAD Hair Salon is an Ilorin-based hair salon that allows the entire family to have their hair needs satisfied in one convenient visit. This includes haircuts for men and women, permanents and hair ...
[Detailed!] How to Start a Hair Beauty Salon Business In Nigeria
Three retouching - #300 X 3 = #900. Two fixing - #600 X 2 = #1,200. Weaving - #150 X 3 = #450. Nail fixing- #200 X 3 = #600. Total = #6,150. So, in a day you would be making a total of over N5000, depending on how good you are and assuming you are working for 6 days in a week, you will be making over #30,000.
Unisex Hair and Beauty Salon Business Plan in Nigeria
The Unisex Hair and Beauty Salon Business Plan in Nigeria will be of great use: To formulate a strategy for starting and growing the business or existing business by identifying where the business is going and how to get there. To test the viability of the business idea and maximize its opportunities. To Obtain funding and achieve business ...
Hair Salon Business Plan in Nigeria With Financials
Our Goal for the Hair Salon Business Plan in Nigeria. To be the leading hair salon in the area, it decisive location (based on the border of two states) makes its aim to be the go-to salon and most talked about salon in both states through the provision of excellent sales services and products. 4.0. Vision for the Hair Salon Business Plan in ...
How to Start a Hair Beauty Salon Business in Nigeria
small scale hair beauty salon business. Just as you can start with #10, 000, you can also start with #5, 000, 000. It depends on the area, the location, the kind of people expected, people working for you and the kind of things you have in your salon. On the average level, you could start with capital between #200,000 - #400,000.
Free Hair and Beauty Salon Sample Business Plan PDF
The 7 elements of an effective hair and beauty salon business plan. 1. Executive Summary. The executive summary provides a high-level overview of your business plan. It should outline the objectives of your hair and beauty salon, such as to offer high-quality services, to expand the client base, or to break into a new market.
HAIR SALON BUSINESS PLAN IN NIGERIA
HAIR SALON BUSINESS PLAN IN NIGERIA. HAIR SALON BUSINESS PLAN IN NIGERIA. FEGEOSTOM hair salon is a unisex hair salon and we are in the business of making people look good. Whenever there is a talk about a salon, it is a place frequently visited by both men and women. Don't be surprised that men visit the salon more often (from twice a week ...
Step by step on how to start a hair business in Nigeria
Let's go to the main part of this post: how to start hair business in Nigeria in detail. 2.1. Understand customers. To begin a hair extension business, you must first gain a thorough understanding of your target market. Understanding your customers is an important step in how to start a hair business in Nigeria .
Seven buses to consider for transport business in Nigeria
Toyota Hiace. Toyota Hiace is a popular bus on Nigerian roads and a good choice for transport business. It comes in different models including the commuter bus, panel van, and long-base van. The bus is the most popular model, which can comfortably seat up to 15 passengers. It is equipped with a 2.7-litre petrol engine that has a fuel economy of ...
CBN sacks 40 more staff in move away from development finance
The Central Bank of Nigeria (CBN) has let go of another batch of 40 employees, mostly from its development finance department (DFD), as part of its ongoing restructuring. This news comes on the heels of an earlier dismissal of 27 staff, bringing the total number affected to 67.. Focus shift from development finance. Daily Trust reports that the dismissals are likely connected to the CBN's ...
$200 million Landmark Beach Resort in Nigeria set for demolition in
$200 million Landmark Beach Resort in Nigeria set for demolition in coastal highway plan Adekunle Agbetiloye. April 6, 2024 2:00 PM ... Navigating opportunities: Doing Business in Nigeria Conference 2024 Nigeria's NNPC faces $3 billion petrol payment backlog challenge - sources
Millennials and Gen Z's trendy new splurge: groceries
Gen Z, meanwhile, says the money they choose to spend on high-quality snacks and beverages makes for expensive grocery bills. One 23-year-old Gen Zer told Business Insider by text that he spends ...

Hair Salon Business Plan in Nigeria (2024 Doc)

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How To Start Hair Business In Nigeria

1. Conduct a thorough market survey

2. Write a business plan

3. Get the required capital

4. Obtain all the legal requirements

5. Hire a shop or space

6. Get the products necessary for the hair business

7. Create an online presence for your store

8. Hiring employees

9. Marketing your hair business

1. Hair Salon Business

2. Hair products retail business

3. Mobile Hair business

4. Wig-making business

5. Hair care consulting business

6. Hair braiding business

Final Words

Frequently Asked Questions

How do I find reliable suppliers for my hair business in Nigeria?

How profitable is a hair business in Nigeria?

How do I choose a location for my hair business in Nigeria?

How can I attract and retain customers for my hair business in Nigeria?

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How To Start a Hair Salon Business in Nigeria / Hair Salon Business Plan

How to Start a Hair Salon Business In Nigeria

Also Read: Hair Salon Business Plan in Nigeria (UNISEX)

Learn More: How to Write a Business Plan

Cost of starting a hair salon in Nigeria (Get Capital)

How to manage a salon business in Nigeria / Tips for Success

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Hair Salon Business In Nigeria (Quick Guide on How to Start)

Steps On How to Start A Successful Hair Salon In Nigeria

Pla nning Stage

Acquire Adequate Training

Business Plan

Secure An Ideal Location

Beautify the Shop

Purchase Your Equipment

Employ Staff

Providing Security

Publicity and Marketing Plan

Hair Salon Business Tips

Conclusion On Starting a Hair Salon Business In Nigeria

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