Hello gurus in the house. I want to invest about 500k in either of these two businesses : A barbing salon or a cyber cafe/business center. Can anyone help me with some advice based on past experiences in any of the business?

I do not intend to be very active in the business as I will be busy with other engagements. Hence, I need advice on the one that will require less scrutiny from me. Thanks all. Expecting matured responses.

I suggest a business center.

Both lucrative especially when establish very close to Campus, but i prefer barber.

Jaraworldsms:
I suggest a business center.

Thanks. Any experiences or reasons why you prefer this?

Niyeal:
Both lucrative especially when establish very close to Campus, but i prefer barber.

Thanks. What are your reasons? What if I establish it in a very social area in lagos?

Salon is better. Reason: the cost of running a cafe and its maintenance may be too high. Also, cost of employee.

JayRise:
Hello gurus in the house. I want to invest about 500k in either of these two businesses : A barbing salon or a cyber cafe/business center. Can anyone help me with some advice based on past experiences in any of the business?

I do not intend to be very active in the business as I will be busy with other engagements. Hence, I need advice on the one that will require less scrutiny from me. Thanks all. Expecting matured responses.

I hold a B.Sc in Barbing and Shaving, from Geneva School of Hair Cut, SL.

JayRise:
Hello gurus in the house. I want to invest about 500k in either of these two businesses : A barbing salon or a cyber cafe/business center. Can anyone help me with some advice based on past experiences in any of the business?

I do not intend to be very active in the business as I will be busy with other engagements. Hence, I need advice on the one that will require less scrutiny from me. Thanks all. Expecting matured responses.

Go for Barbing Salon a beg u in God's name. Business centre/cyber cafe may make you BP rise. I have been there. You end up robbing Peter to pay Paul. Pls heed to my candid advice. Go for Barbing Salon, get a professional barber and agree on weekly delivery say 5k per week but he will pay NEPA bill, waste bill, LGA fees etc. Sack him if he fails to deliver and get another person. This will give u peace of mind. Good luck!

wescoboy:


Go for Barbing Salon a beg u in God's name. Business centre/cyber cafe may make you BP rise. I have been there. You end up robbing Peter to pay Paul. Pls heed to my candid advice. Go for Barbing Salon, get a professional barber and agree on weekly delivery say 5k per week but he will pay NEPA bill, waste bill, LGA fees etc. Sack him if he fails to deliver and get another person. This will give u peace of mind. Good luck!

Thanks and God bless.

Barber Shop business sure pass i own1, With 255-300k can settle everything depending your location if u want to have a clue How i manage my own control me barryuche25@yahoo.com

JayRise:
Hello gurus in the house. I want to invest about 500k in either of these two businesses : A barbing salon or a cyber cafe/business center. Can anyone help me with some advice based on past experiences in any of the business?

I do not intend to be very active in the business as I will be busy with other engagements. Hence, I need advice on the one that will require less scrutiny from me. Thanks all. Expecting matured responses.

Keep calm and invest in Barbershop.

I own both. Salon is better as you can easily deploy a technology to keep counts..........as for business centre you can easily be cheated easily by your employees unless you are there

ThundrCork:
I own both. Salon is better as you can easily deploy a technology to keep counts..........as for business centre you can easily be cheated easily by your employees unless you are there

Please can you tell us what you mean by deploying a technology to keep count?...What type of technology are you talking about?

If One Start the barbing salon business...Howmuch is the maximum amount to be delivered weekly?...And what is the probality of getting a babber as soon possible?? and what are the means of getting a babber??

phonesNgadgets:

Keep calm and invest in Barbershop.

Thanks. What are your reasons?

smartdebiz:
Salon is better. Reason: the cost of running a cafe and its maintenance may be too high. Also, cost of employee.

Thanks. God bless.

barryuche:
Barber Shop business sure pass i own1, With 255-300k can settle everything depending your location if u want to have a clue How i manage my own control me barryuche25@yahoo.com

Thanks. Will reach out to you if needed.

ThundrCork:
I own both. Salon is better as you can easily deploy a technology to keep counts..........as for business centre you can easily be cheated easily by your employees unless you are there

Thanks. Really impressed by your contribution.

JayRise:


Thanks. What are your reasons?

Average Nigerian who isn't even a tech savvy has access to the internet one way or the other. I can't remember the last time I check in a cybercafe. Meanwhile, I call on my barber every 2 weeks or even less.

Besides, I'm a barber, who has some knowledge in the industry. I will be investing up to 10M+ in this business pretty soon. People, particularly men will always need the service of a barber.

Funnily, we command Kings and Presidents Don't ask me how.

phonesNgadgets:

Average Nigerian who isn't even a tech savvy has access to the internet one way or the other. I can't remember the last time I check in a cybercafe. Meanwhile, I call on my barber every 2 weeks or even less.

Besides, I'm a barber, who has some knowledge in the industry. I will be investing up to 10M+ in this business pretty soon. People, particularly men will always need the service of a barber.

Funnily, we command Kings and Presidents Don't ask me how.

Thanks. What of the business center aspect?

JayRise:


Thanks. What of the business center aspect?

Depending on the area you want to locate the biz, biz centre is also good; but I give it to Barbershop first.

phonesNgadgets:

Depending on the area you want to locate the biz, biz centre is also good; but I give it to Barbershop first.

Thanks.

Please bro go for a barber shop, I would have said other wise coz am an IT person but here are my reasons;

. People can now access the internet from their homes and even print document while people must cut their hair even if they have a clipper, they must meet a professional barber 'you'

. You make more money from a barber shop than a business center/cafe coz u are servicing a compulsory necessity that must be observed by the people for instance a barber charges a minimum of 200 naira, if you are able to service 100 people in a day that's 20k, I don't think u will make that kind of money in a business center

castruccio:
Please bro go for a barber shop, I would have said other wise coz am an IT person but here are my reasons;

. People can now access the internet from their homes and even print document while people must cut their hair even if they have a clipper, they must meet a professional barber 'you'

. You make more money from a barber shop than a business center/cafe coz u are servicing a compulsory necessity that must be observed by the people for instance a barber charges a minimum of 200 naira, if you are able to service 100 people in a day that's 20k, I don't think u will make that kind of money in a business center

Thanks bro. I think realistically, I will be able to get at least 10 customers a day. Which will give me a minimum of 2k per day/60k per month, if not more...

Dotmax53:


Please can you tell us what you mean by deploying a technology to keep count?...What type of technology are you talking about?

e.g. I plan to mount a camera in the shop to monitor worker's activities.

Dotmax53:
If One Start the barbing salon business...Howmuch is the maximum amount to be delivered weekly?...And what is the probality of getting a babber as soon possible?? and what are the means of getting a babber??

To know an extimate of the amount to be delivered per week, you may have to sacrifice your time and stay with your workers for the first 2 weeks. From there, you can determine the average income per week from the shop. This is the amount your workers will be expected to deliver per week.

To get a barber, simply place a written note on your shop gate stating "barbers wanted" with your phone number. You may conduct a simple check to verify and choose the right workers for your business. This is what I plan to do. Hope this works...

JayRise:


Thanks bro. I think realistically, I will be able to get at least 10 customers a day. Which will give me a minimum of 2k per day/60k per month, if not more...

Sorry I wanted writing per week

JayRise:


Thanks bro. I think realistically, I will be able to get at least 10 customers a day. Which will give me a minimum of 2k per day/60k per month, if not more...

Sorry I wanted writing per week

castruccio:
Sorry I wanted writing per week Sorry I wanted writing per week

ok. Thanks.

Firstly, i want to say that if you will be away from your business (whether saloon or cafe ) most of the time, don't even start any. That is the most important advise i can give. These are small businesses and your staff will steal you blind and put you out of business before you know it. and it doesn't matter whether it is your brother/sister you put to manage it.
Secondly, you must be able to maintain the systems yourself or you could be frustrated out of the business.

However, if you can manage to be there 90% of the time, i prefer a cafe business, because of the output. a good cafe will make 10k to 15k everyday depending on the location. i operate one presently. it is true that people have access to internet at home so the internet access aspect of the cafe is not as profitable as before. but people still come to do other services, like printing, scanning of documents, photocopy, bulk sms, registrations, job applications, and so on. and during times for registrations or job applications, you could be making 20k to 25k daily for short periods of time. And remember, a well respected cafe/business center could provide a respectable platform for other businesses like mobile money transfer, result checker cards sales, etc

I don't own a saloon so i don't know how much they make a day. but seeing that in my area, i have about 5 barbing saloons, i doubt they can make 5k a day each.

Please heed my first 2 points strongly. Good Luck.

simpleman:
Firstly, i want to say that if you will be away from your business (whether saloon or cafe ) most of the time, don't even start any. That is the most important advise i can give. These are small businesses and your staff will steal you blind and put you out of business before you know it. and it doesn't matter whether it is your brother/sister you put to manage it.
Secondly, you must be able to maintain the systems yourself or you could be frustrated out of the business.

However, if you can manage to be there 90% of the time, i prefer a cafe business, because of the output. a good cafe will make 10k to 15k everyday depending on the location. i operate one presently. it is true that people have access to internet at home so the internet access aspect of the cafe is not as profitable as before. but people still come to do other services, like printing, scanning of documents, photocopy, bulk sms, registrations, job applications, and so on. and during times for registrations or job applications, you could be making 20k to 25k daily for short periods of time. And remember, a well respected cafe/business center could provide a respectable platform for other businesses like mobile money transfer, result checker cards sales, etc

I don't own a saloon so i don't know how much they make a day. but seeing that in my area, i have about 5 barbing saloons, i doubt they can make 5k a day each.

Please heed my first 2 points strongly. Good Luck.

Thanks a lot. Will consider this

@simpleman, do you offer internet sevices in your cafe? If yes, like how much do you spend /month to provide it

JayRise:


Thanks.

Hello bro. There is something very important I want to discuss with you (not about the question in this thread). Should I drop my whatsapp contact, or you drop yours?