Hair Salon Business Plan in Nigeria (UNISEX)

Hair Salon Business Plan in Nigeria – Starting a Unisex Salon Business

A popular saying goes thus, “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 making one’s hair is one of the major pillars of looking good, there is hardly anyone who does not visit a salon or require their services at one point in time or the other.

Also Read: Barbing Salon Business Plan in Nigeria

Taking a look at this industry especially paying special attention to how much patronage salons enjoy and how much profit is grossed yearly, tells us that the sector is indeed very lucrative with boundless opportunities for making good profit. It could be said that women are more prone to visiting salons, but in terms of frequency, men are known to visit salons more often than women. For this reason it is important to make sure that your salon caters for both sexes rather than either male or female.

Most average working class men visit a hair salon at least once every two weeks while a woman may wait for about a month (except for some special cases). Note however that there are several other reasons why a person will visit a salon asides seeking hair solutions, we will be discussing some of them later in this article. This article aims at providing you will important nuggets which will help to build your unisex salon from the scratch and growing it to becoming a business of repute fetching you huge gross profits.

Things to be considered when planning to indulge in the unisex salon business in Nigeria

There are few questions that you really need to consider and provide answers to in order to properly plan for your new business. These questions include:

• 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?

Answering these questions will equip you with necessary information to help you efficiently to develop a working business plan which will be a profound guide for running your business.

Necessary steps to take in starting up your unisex salon business in Nigeria

Below are steps you are advised to take when trying to establish your new unisex salon business. Note that this is just a guide just to help you, you will still be required to do more research to achieve optimal results.

Acquire adequate training if you have none presently. This is one business that requires the business owner wielding the skills required in the business. If you do not already have the skills required it is imperative that you 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. A major plus about the skills of a salon owner is the fact that your artistry is usually 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. What sets any hairdresser apart from his/her peers are the skills which he/she possesses, whether in a good or bad way. People are ready to pay large amounts as long as they know you have skills to meet up with the charges you are asking for.

Write a detailed business plan. Prior to starting out any physical structures or arrangements for your business, it is imperative that you have a mental picture of what your business should look like. This mental picture should in turn be recorded and expanded on paper, 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 and so on. The business plan will act in two major ways, firstly helping the business owner as a guide to running the business all through the business’ lifecycle. Secondly, the business plan helps the business owner to raise investors or raise loans from banks should there be a need for extra capital beyond the capacity of the business owner. If you do not have the skills to write a the business plan yourself, you can buy our sample hair salon business plan in Nigeria.

To place order, pay N10,000 to:

BANK NAME: FIRST BANK PLC

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.

Recommended: How to Start a Hair Salon Business in Nigeria

Raise your startup capital. The amount of capital to be raised is directly proportional to the projections written in the 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. Asides these, the area you have planned to start in, the kind of equipment you plan to use, how many staff you plan to employ, etc. will all contribute to how much capital you need to raise. You can raise capital in a couple of ways, some of them include:

• From savings over a period of time.
• Getting loans from banks.
• Seeking out investors or financiers.
• Gifts from family members and friends.

Preparing your shop for business. This stage has several parts to it and they include:

• Getting a suitable location. For this kind of business, you should be looking for an area with a lot of human traffic so that you have many prospective customers seeing your shop and what exactly you do. If you are planning to go mega you might decide to get a land and start a building for your business. On the hand you might decide to start your business by renting a shop, whatever you do ensure that the business is situated in a location that is accessible to as many customers as possible.
• Beautify the shop. Making your business place comely and inviting to your customers goes beyond just putting in chairs and tables, it is making the place beautiful enough to leave an indelible mark in the minds of your customers. To achieve this you should probably request the assistance of a professional decorator or interior designer.
• Purchase your equipment and other instruments of your trade. Your initial survey should help you have an idea of the best set of equipment on the market, as well as the prices of these 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.
• Recruitment of staff. When seeking staff to work in your shop, you should ensure that the prospective staff 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 then so they can provide the best services possible.
• Organize your daily management system. Set up a proper management system which assists you in the day to day running of your business. 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.
• Publicize your business adequately. Publicity is seen as the backbone of any business, any business that refuses to carry out publicity stunts is most like to die as soon as it starts. 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 employ the use of fliers, billboards, posters and social media in the publicity of your business. 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.

Providing security for your business. It is very important to 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.

The advantages of starting up a unisex salon business in Nigeria

• In the present Nigerian economy you get to be your own boss running this kind of business. This means that you get to enjoy your profits alone.
• You enjoy daily returns on investments.
• This business can open doors to other businesses as you get to make contact with a lot of people, some of whom are likely to be influential.

Also Read: Barbing Salon Business Plan in Nigeria / Feasibility Study & Manual

Here are a few equipment and tools needed to start a unisex salon business in Nigeria

• Rollers
• Clippers
• Dryers
• Straighteners
• Mirrors
• Tables
• Chairs
• Brushes
• Combs
• Generating set
• Television sets
• Cable tv
• Air conditioners
• Manicure kits
• Pedicure kits
• Towels
• Towel warmers
• Sterilizing machines
• Refrigerator
• POS machine, etc.

In conclusion, 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 the business owner gaining a great deal in profits.

Get your own Sample hair salon business plan in Nigeria ! To place 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 full name, email address and topic (i.e. Sample hair salon business plan pdf) to 07033378184. Your business plan will be sent to your email within 15 minutes.

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