No matter where you are, there will always be a demand for a barber shop for the simple reason that the hair will not stop growing.
With this in mind, take advantage of the fact that everyone needs a haircut and consider setting up a barber shop in your community. Compared to other businesses, it is relatively easy to maintain as long as you have a reliable barber. Moreover, barber shops offer more basic and less complicated services compared to salons.
According to an article published for GMA News, you will be needing at least P35,000 to P50,000 to start a simple barbershop.
Here’s a breakdown of your budget:
P9,000- brand new barber’s chair
P 500- barber’s scissors
P1,500 – mirrors
1. Select a good location.
As with any type of service business, the location of your barber shop will highly contribute to its success. It’s ideal to set up one in a community where there is no barber shop.
2. Identify which services you will offer.
Barber shops are known for providing haircut services for men but some also provide extra services like massage, a quick trim in the ears and even non-hair services. Determine what services you will offer based on services provided by your competition. You can also explore co-ed services like manicures and pedicures.
3. Choose your barbers well.
Hiring a reliable and trained barber is one of the biggest factors to the success of barber shops.Many barber shops owners have experienced dealing with barbers who often come late for work or worse, don’t actually show up for work. Be very choosy as your barber might possess the right skills but doesn’t have professionalism.
4. Focus on good customer service.
Build rapport with your customers and make sure that your barbers give them the best possible service. If possible, offer extra services free of charge like neck massage.