How to start a hair business with no money and pay off all your debt
Starting a hair business generates happiness, beauty, and cash!
No money but you can still become rich!
What if you have no money, but still want to start a hair business? Or what if you have an idea that will change the hair market forever, but you have no money to start a hair business? Should you give up? Should you keep on having two jobs to make a living? No! There is no need to give in, because in this post I will explain how to start a hair business, even if you have no money!
Once or twice a month I receive a phone call, or app from a country in the Middle East. The girl on the other side tells me for example she is from Kenya and not from the region. She is working in a country like Qatar. She is planning to set up her own hair business when she returns to her home country. She saves money and wants to open a store to sell hair and beauty products. She will need the money for many things, and she wants to open her hair business in her town. My advice is to keep most of the money in her saving account but start an online hair business. A hair business that will generate enough money to become independent.
E-commerce on the rise
; world wide growth even during pandemic, data provided by Statista a leading provider of market and consumer data.
Do you need a brick-and-mortar store?
Why would you need to give all your money to your landlord to rent a store? Every month he will be knocking on your door to ask for the rent, and he will never ask how much hair did you sell? Do you want that stress?
It feels awesome to open the doors of your own hair business in the morning. To see all that beautiful hair hanging, waiting for a buyer to take with her. But the hair on the wall is not generating any money, and neither will it pay your rent, until a customer buys the hair.
To start an online hair business, the capital you need can be very close to zero. While at the same time to growth predictions for your online sales are amazing as you can see in the graph.
Instead of searching for a location for your hair store in town. Why not check on the internet for nice hair online hair stores to get inspired? It’s free and you can learn a lot from existing stores.
What is the cheapest way to start your hair store
Have you done the math already? Did you ever calculate, or even without putting the figures, what the expenses are for a hair store? Let me help you.
Expenses when you rent your store
When you rent your own store, be aware you will pay:
- for the 25%-10% of space you can’t use
- You will have to pay for every square feet, even if this floor is not a suitable space for selling. That is a waste of money
- for expenses that are not linked to the space
- Your landlord might charge additional expenses, like out of the pocket or tax, while these expenses do not increase the quality of the space.
- the electricity bill of the other tenants
- Make sure you only pay for the energy you use, otherwise you might ending up paying for other stores in the building.
There is an extensive list of expenses and risks you run when renting office or store space. This will differ for every local situation, but it is good to realize the risk you run when you start with the rent of a store.
So much less when you go online
Thanks to the internet, you can be launching a hair extension business, even if you have no money to start. No money, is no longer a showstopper. But not having money will make you think twice before you spend money on any topic. This will help you to make a good profit selling hair .
When you have an online hair business, you pay nothing for:
- social media
- When you offer your products on social media, like Instagram you do not pay for the setup of your business account, Unless you decide to advertise.
- a webstore like Wix
- True, the free plan is limited and when you do not mind to distract your clients from buying with advertisements from Wix you can use this website builder
- the trial on Shopify
- Design your own store without any limit and add your products. Only when you are happy with the design and launch you pay thanks to the free trail from Shopify. When you are ready to sell you pay $ 29 a month
When you add new products to your Shopify store you pay nothing extra!
Things to start a store you can do for free
There are many things that will generate money later, without spending money. These tips work when you want to start a hair business with no money in Africa, the United States or any other country.
Let’s start with your clients. It is very important to begin with the most important people in the world, or at least in the hair selling business. Those who are going to keep your hair business going. Your Ideal Clients.
Listen to what your clients needs to sell more hair!
You can analyze their needs rather easy and for free. Start with your friends, go out shopping and listen to their remarks when you all enter a beauty and hair store. When you go to the salon, talk with the other ladies about their hair needs, and listen very well.
Where do they buy their weaves and what do they like and do not like? Check on Instagram the comments given on hair selling accounts. Write everything down and define your Ideal Client. This valuable information is all yours even if you have no money.
How to start my own hair extension line free of rent?
Great sources of inspiration are the hair businesses in the mall of course. But, as mentioned before, these hair stores all must pay rent. Every month, regardless how much hair you sell. Rental payment is one of the biggest expenses for any business. What if you can save on these expenses, a rental free store? That will not only save you money. It will also give you an advantage because you can offer a high discount for loyal clients. Higher than a hair business that has to pay rent! Lower expenses support a higher profit margin and you can invest this profit to give your clients a higher discount. That will boost your hair sales and give you loyal clients in return. Clients who will return for another bundle of hair! So, sell hair from home.
How to start a small hair business from home?
Indeed, to save expenses you can start your hair or wig business from home. Make sure you have a room free or at least your own corner in the house to keep the hair. There are stores that only use their mobile phones, so you do not need much space. Sell hair online, for example using a platform like Shopify. If you know how to start a wig business from home, do not forget to turn your home into a safe and efficient workplace.
Learn from hair suppliers what hair is hot!
By this time, you know what your ideal client likes, how and where she searches for the hair and other beauty solutions. You know the kind of solutions you can offer that are a perfect match for her needs. Now you can start to look for hair vendors.
Search the internet, make a long list with all possible hair wholesale stores. You need to know where to buy hair extensions at wholesale conditions. Write down as many suppliers as possible. Later you are going to contact these wholesale human hair vendors and ask them all questions you can think of. Only those who answer in a swift and polite manner must end up on the short list. This list you can use to discuss your first order.
Market the hair for free
When you have found the right hair, contact the supplier and request permission to publish their images of hair on your social media or website.
If you found the hair your ideal client likes, you will get inquiries about the hair. Use this interest to create a list of leads. Leads are people interested in your hair products and whose email or WhatsApp number you will have obtained. Keep the conversation going with these people, until they are ready to buy.
You know Social Media, like TikTok, Facebook or Instagram, is for free. There is also a lot of information on the internet on how to start a small hair business with no money using social media.
No Money? No problem if you want to design a web store as hair selling machine!
Now you finished all the preparation needed for a successful hair business. You know who wants to buy from you, you know the hair they like, and you have social media up and running. The final step is to see if you can start selling the hair to a bigger audience.
When you prefer to sell hair online, I recommend trying the best eCommerce platform of the business, Shopify. You can make you own hair store and it is free the first 14 days! This means, with the right planning, you can sell hair when your store is ready without you paying anything.
Need help with design webstore?
E=When you need help with the design and launch of your store, can check our step-by-step guide the All-in-One Hair Business Package with Web Store so you can enjoy getting sales right from day one!
How to start a hair business with no inventory
To save on money you need to buy your inventory, you can consider drop shipping. This way you can start a hair business with no inventory, because the vendor will ship the hair or wigs to your clients. You can offer all the hair you like. No limit. Some stores specialize for example on wig drop shipping.
Do you want to create your own online store?
Can you start drop shipping with no money?
We mentioned it before. You can start drop shipping with no inventory, but can you start drop shipping with no money? To buy the inventory, the hair at hand is one of the largest investments when you start selling online. The idea is to start a Shopify store with no money, using the first 14 days free trial to design and set up your store. Link with a hair vendor on Oberlo. This is the drop shipping platform of Shopify, and you could start an online store with no money.
Be sure to have everything prepared in advance, so you can launch the online store at day one. Use social media to create a community of hair lovers. This will cost you no cent. When you have enough people, who follow you and do engage with you, you can launch your Shopify store with no money. 14 days free trial, remember and the Oberlo dropshipping for the hair and beauty products.
You can use the money of your first sales to pay for the monthly fee for Shopify, so you started your hair store without any money.
Get help to start your hair business
If you want to be sure you have everything prepared, starting an online store with no money, you can for a very small amount get a hair business package. This package will guide you through the process from finding your ideal client, the right hair vendors via Oberlo and the marketing strategy. You will also find support to set up your webstore. No need to re-invent everything but use your time and energy in building a community of followers.
How to start a wig business with no money
For wigs you can use a ghost wig maker to prepare the wigs for your clients. Ask the wig maker for some free images of the wigs and use these images to start selling wigs. Your clients will understand, a tailor-made wig will take some time. Ask them for a down payment, or use a payment provider like Sezzle, and use this money to make your down payment for the wig. This is how to start a wig business with no money. You will use the money of the clients, instead of your own money.
How to start a wig business online?
When you want to grow your market, you can start a wig business online. Through the whole country people will be able to find your wigs online. You will have much more potential clients than when you sell from home.
Now you know how to start a wig business with no money!
Please let me know, will this help you to start selling hair, even if you have no money?
Starting a hair extension business uk?
When you want to start a hair business in the United Kingdom, we recommend to check our special post with our vision for that country.
Still questions?
When you still have questions, please feel free leave a comment below. I will respond to you asap and will help you to get started.