Business 101: How to Start a Barbershop

by whatsmind

Are you a business-minded person who loves to cut hair?

If you’ve been looking for a way to start making more money while doing what you love to do, maybe it’s time to start a barbershop. Since this industry has been growing for the past decade, now is a great time to start bringing your dream to life. 

If you want to know what it takes to open a barbershop, read on and we’ll tell you what you need to do. 

1. Get Clear On Your Goals

Before you make any moves, it’s important that you find clarity on your short-term and your long-term goals. By doing this, it will be easier for you to set your priorities as well as to know the important things that you need to accomplish. 

In order to set the best goals, make sure that they are clear and quantifiable. An example of a clear goal would be setting a date for when you want to open your business. You could also set a goal for how much money you’d like to make. 

When setting goals, you should also try your best to set deadlines for reaching them and to make a point of celebrating your successes. 

2. Understand Your Market

Before you know what value you’ll be offering to your potential customers, you should first know about the other barbershops in your area. It is s a good idea to know what their niches are and what their average revenues are. 

You could also research things such as what other businesses are charging to cut hair, pricing points for their different services, and the sizes of their teams. 

After you know more about your competitors, you should do some work in order to identify your own niche in the market. For example, if there are many barbershops that serve younger women, consider starting a barbershop that cuts hair for elderly men. 

3. Get The Right Training

In order to be ready to cut peoples’ hair, you need to have a great education in barbering, such as getting your hair design license. This will give you the training and tools to start cutting hair. 

As Utah’s best barber school, The Barber School is a great option if you want to get the best available training. We also offer part-time and full-time evening classes. Learn about our courses if you want to find out if our school is right for you.  

4. Look For The Right Place For A Shop

If you want to be successful, you should make sure to find a location that meets your needs and that will require the minimum amount of modification costs. While searching for a great location, you should also know what kind of facility you want to have. 

It’s Easier Than You Think To Start A Barbershop 

If you’re ready to start a barbershop, the first thing that you should do is make sure that you have the right training. You should also create a great business plan and make sure that you have the right funding in place. 

If you want to find out more about what it takes to start a business, don’t forget to check out the Business section of our website, where we publish various articles on this subject. 

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