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Why You Should Start Up Hair Business In Nigeria

Why You Should Start Up Hair Business In Nigeria

It is a fact that the number of women in Nigeria is much more than that of men, meanwhile, they all have one thing in common, which is they are completely into doing hair such as using hair extensions, braids, colored or straightening their natural hair… This also means that hair business will never die in Nigeria. Accordingly, when you start up hair business in this gold place, you’ll be able to earn a lucrative income here. This Blog is going to show you why you should get prepared to start hair business in Nigeria right away.

1. Overview Of “ Start Up Hair Business In Nigeria”

Before getting into details, you really should find out some main things about hair business generally, how it is going,… before making a decision on whether you should start your hair business here or not.

1.1. How Is Hair Business in Nigeria Going?

In Nigeria, hair business is one of the biggest local industry in there. Everyone loves pretty outside look and hair is one of the main aspects that people use to evaluate their appearance. Rarely does anyone never go to any hair salon in Nigeria. Hair business is nowadays going more and more sharply and local customers always seek for the best quality hair service in this place, as a result, more and more people choose to start up hair business in Nigeria to meet the demands of this market.

A Hair Shop In Nigeria_Start Up Hair Business In Nigeria

A Hair Shop In Nigeria_Start Up Hair Business In Nigeria

1.2. What You Should Know Before You Start Up hair Business In Nigeria

This kind of business is a strong developing area to sink money into not only in Nigeria but also in a wide range of other countries in the world. There is no doubt that doing business in human hair or hair salon is a giant industry that earns you a huge amount of money each year due to the fact that everyone in the world is in need of hair service.

In addition, when you start up hair business in Nigeria, you gotta know that this is not only a giant industry to invest in but also cause you a lot of obstacles, however, if you make sure you have a good place in some shopping malls to start up your hair business in Nigeria, I’m sure that you’ll be capable of making a huge amount of money from it.

Likewise, if you wanna start up hair business in Nigeria, you gotta learn a lot before getting started, which includes a variety of styles ( wavy/ straight/ curly…), grades of hair, to types of hair such as weft hair/ Clip-in hair extensions/ Tip/tape hair….). So, make sure you’re wise about it before starting up.

Popular Hairstyles For Start Up Hair Business In Nigeria

Popular Hairstyles For Start Up Hair Business In Nigeria

2. Benefits And Challenges Of  When You Start Up Hair Business In Nigeria

Everything has two sides and so does hair business. If it can bring you lucrative returns each year, it can also cause you lots of disadvantages but when you insist on following this business to the end, I’m sure that you’ll be a giant in this industry someday.

2.1. Pros Of “Start Up hair Business In Nigeria”

On the one hand, there is no denial that hair business deserves your try to invest in, which can bring you:

  • Profits: Well, obviously, according to statistics, hair vendors in Nigeria can earn nearly double or even triple the capital that they use to purchase hair from original hair factories or suppliers, which is not a small amount to everyone who is running not only hair business but also other types of business in the world.
  • Wide Connection: Together with the increase in the number of people’s demands in hair extensions, there’s also an increase in the number of people who intend to start up hair business in Nigeria. In addition, the number of hair vendors in Nigeria is not meager, hence, when doing business for long, you’ll definitely find some strong connections there, accordingly, they will help your hair business thrive faster and faster.  
  • Stable Business: Hair business in Nigeria is one of the most stable industries since it has existed for so long.
Start Up Hair Business In Nigeria

Start Up Hair Business In Nigeria_Huge Profits

2.2. Cons Of “Start Up Hair Business” In Nigeria:

On the other hand, this can also cause some disadvantages, which are:

  • Competitiveness: It’s as clear as day that hair business in Nigeria is so potential that this is regarded as a competitive industry in Nigeria. Hence, you really need to consider whether you should start up hair business in Nigeria or not but trust me! If you wanna earn much money, you gotta get out of your comfort zone to try to start up hair business in Nigeria
  • Payment: Due to Government’s policies, Nigerians are not allowed to transfer USD outside the country, only receive it. Consequently, international trade in Nigeria is encountering some problems in terms of payments. They need to find someone outside Nigeria to help them with that part, nevertheless, if you have the intention of purchasing hair from a trustworthy hair factory without much try to finish the payments, K-Hair will help you with strong support from a team of agents with an available source of money, which will make you find payment not an issue when you wanna start up hair business in Nigeria.
Payment - Disadvantage For Start Up Hair Business In Nigeria

Payment – Disadvantage For Start Up Hair Business In Nigeria

3. Three Main Reasons Why You Should Start Up Hair Business In Nigeria

     Now is the main thing that makes you click on this blog, isn’t it? Now I’m going to point of 3 main reasons why you really should run your own business in this potential place.

  • Nigerian’s Huge Demands Of Human Hair:

If you ask 10 women in Nigeria, definitely 10 out of 10 will respond that they wish to own beautiful hair, however, as we all know, Nigerian natural hair is so tough and weak that they can’t even own just normal straight or curly hair as other women in Asian or Western Countries. So, the only solution is hair extensions, which can be sure about the stability when you choose to start up hair business in Nigeria.

Start Up Hair Business In Nigeria - High Demands

Start Up Hair Business In Nigeria – High Demands

  • Nigeria – One Of The Countries With Longest History Of Hair Extensions:

Throughout history, Nigeria is believed to be one of the countries that first used hair extensions as a weapon to launch their beauty and this business is going to thrive more and more due to the strong establishment history of hair business here. Hence, you can be assured that it’s not a bad idea to use your money in this giant industry. Hence, if you intend to start up hair business in Nigeria, you’ll never regret this.

  • Nigeria – Top 1 With Largest Economy In Nigeria:

According to some sources of economic articles in Africa, the economy of Nigeria is a middle-income, mixed economy and emerging market, with expanding manufacturing, financial, service, communications, technology and entertainment sectors.It is ranked as the 26th-largest economy in the world in terms of nominal GDP, and the 24th-largest in terms of purchasing power parity. Nigeria has the largest economy in Africa; its re-emergent manufacturing sector became the largest on the continent in 2013, and it produces a large proportion of goods and services for the West African subcontinent. In addition, the debt-to-GDP ratio is 16.075 percent as of 2019. After all, this is such strong proof that Nigeria is such a potential place to plow money into as you’ll be able to serve a lot of those who can spend much money on luxurious hair products. So, try to start up hair business in Nigeria, you can earn a lot of money here from fancy people.

4. How To Start Up Hair Business In Nigeria.

So what should we do to start our own hair business in this country? Follow these steps, definitely you’ll rock this industry.

  • Plan up: To be successful in hair business requires a careful plan and strategy with details of tasks and targets. So before you start your hair business in Nigeria, be sure you plan carefully what you need to do to launch your business, together with having wide knowledge of hair.

Related: How To Succeed In Hair Business.

  • Survey the market: This is such an important step since it can decide the profits you can make from selling hair to customers. You gotta know who your potential customers are.So, you need to understand the market perfectly if you wanna start up hair business in Nigeria.
  • Find your supplier: In my opinion, finding a trustworthy hair vendor outside Nigeria is the hardest step as not every hair factory supplies good quality hair, also, there’s a variety of hair sources in the world such as China, Vietnam, Brazil, India…

According to some articles related to hair business published, Vietnam is now an ideal place to import premium hair from, in which, K-Hair Factory ( 30 years of experiences), Apo Hair (related: Apohair Reviews: Is This A Reliable Hair Vendor In Vietnam) and are top 3 best wholesale hair vendors in Vietnam.

Hence,consider carefully and get some advice from Hair Experts before deciding to start up hair business in Nigeria.

Read more on:  Vietnamese Hair Factory: Top 5 Best Wholesale Hair Distributors to find out more information about hair suppliers in Vietnam.

K-Hair_ Best Hair Vendor To Choose For Start Up Hair Business In Negeria

K-Hair_ Best Hair Vendor To Choose For Start Up Hair Business In Negeria

 

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