If a business is too lucrative its a problem!
Here are some of the disadvantages of hair business👇
Capital intensive. Starting up a hair business requires lots of capital.
*Here's what you can do👉 Try to be clear on the niche you which to invest in.
Hair business has no regulations. There are no regulations binding on hair factories as to the quality and quantity of hairs to produce. Some might decide to sell 80g others 100g, some blended hairs others virgin hairs. etc.
*Here's what you can do👉 Try out samples and stick to a supplier that never tempers with his/her standard.
Highly saturated. Due to the lucrative nature of the business, at least one person starts up a hair business everyday in Nigeria.
*Here's what you can do👉 Focus on why you started, improve on why you started and believe in why you started❤
Hope this helped?
If it was let me know in the comment section, if it wasn't let me know your concerns and how I can tailor my next post to help you❤