In many towns and cities especially the big cities like Lagos, Abuja, Benin and Port Harcourt people set up shop to do business, barbing hair for mostly the male folk. In Lagos for instance, there are probably more barbing salons than there are churches (you know how we Nigerians love church even more than the early Christians) which means the business is fairly easy to set up and remain in the business otherwise entry into the business should be hard and remaining profitable would also not be an issue. In campuses of Universities, polytechnics around densely populated areas and sometimes in high brow areas and commercial areas, barbing salons seem to thrive. Suitable locations therefore are; popular streets, densely populated areas with a lot of male folks and higher institutions of learning.
The problem of electricity supply and having fuel for generating sets to power the barbing salon is the obvious challenge. In most parts of Nigeria, electricity supply is usually less than 10 hours a day making cost of doing business to be unnecessarily high. When the business becomes more stable and profitable one would expect the business to expand, unfortunately capital to fund growth is not readily available but with micro finance banks this is gradually changing for the better.
The key thing is to stay focused on what works and what doesn’t. Imagine a situation where the strategy should be to do something useful that no other person is doing at least in your own locality that will at least offer the intending investor an edge over the competition. For instance, if other barbing salons don’t offer the customer much in terms of quality service, more fashionable environment and professional looking staff or workers.
2 Rotating Chairs (although ordinary chairs may do for a start): N10,000
1 Long waiting chair: N10,000
3 original Clippers: N9,000
4 Cover Clothes: N2,000
Barbing ‘Cosmetics’ (Spirit, powder, aftershave etc): N3,000