Size and location of the salon will highly influence the capital injected into the business. There is no set standard for a salon; there are those who want to start a salon in a house. Others want it in an estate while some prefer malls. All these factors affect the amount of capital needed to start the business.
Capital
To hack this, you can seek investment partners, loans from banks and micro finance institutions that target women and the youth. One can also borrow from friends. “For me, I did partial financing from a financial partner. I also have a business partner and we took a loan together and injected it into the business, she says.