Nail business is one of the business we have advice people that comes to our platform to start because of how lucrative it is and how the can start making good money once the follow the relevant steps that will allow them better leverage the opportunities in the business.
A typical business is renting a space in an epon place, but tools need in the business and then start haunting for customers. This is a good starting point for any one who wants to start a business but that not the best ways to start business today as you are trying to save as much money as you can while still starting your nail business.
Starting a nail business at home is the ideal way i will advice anyone who wants to start, this way you are not paying shop rent or extra bill just to maintain your new business. There are many factors that lead to the fall of new businesses and spending more than you earn is at the top of the list.
Now if you are wondering how much it will cost you to start a nail business at home, you are not alone, many people who have seen the detailed guide on how to start a nail business also want to learn how much it will cost them.
Before we give an estimate of how much you should budget before starting your nail business at home. you have in mind that there are factors to consider before starting and those factors are what must be putting in place before starting a nail business at home.
How Much It Will Cost You To Start a Nail Business at Home
Now let us discuses the specific amount it will cost you to start a nail business at home. The amount it will coat you depends on several factors such as the location you find yourself and the kind of nail business capacity you want to start.
If you are looking for a very standard nail business at home, you need to budget more money while if you are looking for something small and minimal, the amount you should budget will be little ut can still take of some basic things needed to start a nail business at home.
Starting a nail business at home on budget
Starting a nail business at home wile on budget will cost you around $200 which is equivalent to N200,000 which this amount can only take care of some of some basic things that will keep your nail business running then you can now buy other things needed later when you start making some money.
For a start, there are cheap china fan you can buy from your local vendor or from garage sell. This fan can take care of things while still saving you lots of money.
You do not need to buy nail machine apart from nail drying machine which you need to dry your customers nail after making it. This will help your customer have a sense of security that the will not sound lots of time waiting for their nail to dry before leaving to their destinations.
Another thing is that this amount can help you buy some nails hat will help you serve your initial customers then as you make money, you upgrade in the type of nails you want to be buying.
This amount can also take care of some cheap wall papers that you will use in decorating your home for the nail business. You wouldn’t want your customers to come to a place that is not well kept, there will be feelings of insecurity and doubt if really you can deliver in making the kind of nails the want. This is a kind of feelings you wouldn’t want your customers to have towards your business.
Though this amount is really small but bringing out $5 to run paid adverts on Facebook and Instagram will do you lots of good. You should check a post will be making about targeted paid advert that will help you target some specific audience in a specific location to show your goods and services.
Starting a standard nail business at home
Now if you want to start a standard nail business at home. you should budget around $2000 which amount to 2M naira when converted. This amount can take care of a whole lots of things.
This include affordable but standard seat, table, working tools, electricity and wall paper to decorate your home nail business environment. You need also to get fan or air condition that will keep your customers cool while you work on their nails.
This amount will also take car of nail making machine while you can buy from amazon at a cheap price then buy same classic nails that will entice your customers to keep tearing to you after their first experience with you.
The amount will also help you in marketing and advertising your business on social media and printing of flyers and posters that will help create awareness for your business. You need as much customers as possible, so advertising your business s very important. You could pay someone that knows how to market a business to help you in marketing them and in return you will get lots of customers.
If you have a social media handle with hue followers, you can start advertising your nail business to your followers in order for them to be informed that you run that kind of business which will help grow your business.
Factors that will affect your home nail business
There are several factors that will affect your nall business at home which do not only include external factors but also some internal factors. We will be discussing tow most important factors that will affect your home nail business.
1. Living conditions
First if you live with family members of have a room mate, you should first discus with the people about your business and seek for their approval. Starting a nail business in this condition to some people is not advisable but if that is the only option your have, you shouldn’t be limited.
2. Amount you are starting with
We have already broken down the limitations of the amount you will be starting he business with. If you have a huge budget for your home nail business, you will have leverage over many things while if you are on budget, you will have to let go some things for most important items,’
The amount you are willing to spend matter allots as it may some how determine the success of your business at the starting point ut at the long run your strategy and approach towards your home nail business will not matter.
 Conclusion
Starting a nail business at home is a very nice idea, you should treat it a multi million dollar business if you really want to progress in that line and get some achivement in short time.
